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CITY · 2020 ACS

Covington

Kentucky · 40,961 residents · 13.165 sq mi
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The short version

Covington has notably lower household income than the US average, with a median household income of $46,035. Population has declined 6% since 2000. Median home value has risen by half since 2000, reaching $120,100. The poverty rate of 23.0% is well above the national figure.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 35.7
US median: 38.8
Average education
28% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
40,961
−6%since 2000
from 43,370 in 2000
1990 – 2025
Population density
3,111 / sq mi
−6%since 2000
from 3,294 / sq mi in 2000
US average: 280
Median age
35.7
+8%since 2000
from 33.1 in 2000
US average: 38.8
Population, 1990 – 2024
40K41K42K43K44K1990201020202024Covington
202441K
1990201020202024
Section 02

Income & economy

Median household income
$46,035
Unchangedinflation adjusted, since 2000
from $30,735 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,038
+72%since 2000
from $16,841 in 2000
US average: $35,364
Households earning $100K+
27.7%
+9.0 ptssince 2009
from 18.6% in 2009
US average: 43.9%
Poverty rate
23.0%
+4.6 ptssince 2000
from 18.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade12.3%
US avg: 10%
Information12.2%
US avg: 11.1%
Other services9%
US avg: 6.6%
Public administration7.9%
US avg: 4.7%
Finance & insurance6.3%
US avg: 5.5%
Wholesale trade6%
US avg: 6.7%
Professional, scientific, technical5.8%
US avg: 4.7%
Transportation & warehousing3.5%
US avg: 2.5%
Arts, entertainment, food1.3%
US avg: 2%
Education & health services0.6%
US avg: 0.8%
Agriculture, forestry, fishing0.2%
US avg: 1.7%
Construction0.2%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$120,100
+11%inflation adjusted, since 2000
from $72,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$722
+7%inflation adjusted, since 2000
from $451 in 2000
US average: $1,124
Owner-occupied
46.6%
−2.7 ptssince 2000
from 49.3% in 2000
53.4% rent
Afford Score
2.6
+11%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Covington on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic86.3%(37,411)
Black10.1%(4,377)
Hispanic / Latino1.4%(600)
Asian0.3%(142)
Other0%
Diversity Score26.9%(11,679)
2020
White, non-Hispanic74.1%(30,350)
Black11.4%(4,673)
Hispanic / Latino7%(2,868)
Asian0.6%(242)
Other4.1%(1,684)
Diversity Score49.8%(20,389)
Diversity Score
50
+85%since 2000
from 27 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
28.3%
+15.0 ptssince 2000
from 13.3% in 2000
US average: 32.9%
High school or higher
85.6%
+14.3 ptssince 2000
from 71.3% in 2000
US average: 88.5%
Graduate degree
10.0%
+5.7 ptssince 2000
from 4.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.4 min
+61%since 2000
from 13.9 min in 2000
US average: 26.9
Drive alone to work
74.1%
−1.3 ptssince 2009
from 75.5% in 2009
US average: 75.1%
No vehicle available
18.4%
−0.9 ptssince 2009
from 19.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.5%
−3.9 ptssince 2011
from 10.4% in 2011
US average: 5.4%
Labor force participation
66.2%
+3.1 ptssince 2011
from 63.1% in 2011
US average: 63.4%
Management & professional
37.1%
−25.0 ptssince 2009
from 62.2% in 2009
US average: 39.3%
Section 08

People & community

Male
50.9%
+2.5 ptssince 2009
from 48.4% in 2009
Female
49.1%
−2.5 ptssince 2009
from 51.6% in 2009
Foreign born
4.6%
+2.5 ptssince 2009
from 2.0% in 2009
US average: 13.5%
Uninsured
8.3%
−72.5 ptssince 2013
from 80.8% in 2013
US average: 8.8%
Drill deeper

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Compare Covington to nearby cities

COVINGTON VS
Fort Mitchell
Income$86,310+87%
Home value$357,100+197%
Population8,751−79%
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COVINGTON VS
Edgewood
Income$119,028+159%
Home value$312,200+160%
Population8,503−80%
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COVINGTON VS
Newport
Income$60,853+32%
Home value$217,600+81%
Population13,998−67%
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COVINGTON VS
Erlanger
Income$75,840+65%
Home value$209,000+74%
Population20,158−52%
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Frequently asked

How many people live in Covington, Kentucky?

Covington, Kentucky has about 40,961 residents according to the 2020 American Community Survey.

What is the median household income in Covington, Kentucky?

The typical household in Covington, Kentucky earns about $46,035 a year. Half of households make more than that, and half make less.

Is Covington, Kentucky expensive?

In Covington, Kentucky, the median home is worth about $120,100, and the typical rent is about $722 a month.

How educated are people in Covington, Kentucky?

About 28.3% of adults age 25 and over in Covington, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Covington, Kentucky?

About 23.0% of people in Covington, Kentucky live below the federal poverty line.

Has Covington, Kentucky grown since 1990?

Yes, Covington, Kentucky has shrunk since 1990. The population has lost about 2,303 residents, a change of about -5 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →