Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.2 yrs |
|---|---|
| Avg HH Size | 2.38 |
| Below Poverty | 12.1% ▲ 21% above avg |
| College Grads | 32.5% ▼ 16% below avg |
| Unemployment | 4.4% ▼ 9% below avg |
| No HS Diploma | 31 (0.9%) |
| HS Graduate | 1,247 (36.1%) |
| Some College | 470 (13.6%) |
| Associates | 580 (16.8%) |
| Bachelors | 358 (10.4%) |
| Graduate Degree | 764 (22.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,365 ▼ 22% below avg |
|---|---|
| Median Home Value | $171,600 ▼ 38% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $835/mo |
| Total Housing Units | 2,502 |
| Vacant Units | 354 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Covington is a city in Indiana, located in Fountain County. The city spans 1 ZIP code and is home to approximately 5,193 residents. It is a middle-aged city, with a median age of 44.2 years.
Economically, Covington is a solidly middle-class community. The median household income of $59,365 is below the national average. Approximately 12.1% of residents live below the poverty line. The unemployment rate is 4.4%, near the national average.
The real estate market in Covington is an affordable housing market. Median home values stand at $171,600, which is below the national average. Renters typically pay around $835 per month. Homeownership is high at 69.8%, typical of suburban and family-oriented communities.
The population of Covington is moderately educated. 32.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (93.59%).
Covington, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47932 | 5,193 | $59,365 | $171,600 | $835 | 4.4% | 32.5% | 69.8% |