Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.7 yrs |
|---|---|
| Avg HH Size | 2.57 |
| Below Poverty | 17.4% ▲ 74% above avg |
| College Grads | 25.5% ▼ 34% below avg |
| Unemployment | 6.0% ▲ 23% above avg |
| No HS Diploma | 171 (1.8%) |
| HS Graduate | 3,642 (37.6%) |
| Some College | 1,510 (15.6%) |
| Associates | 1,891 (19.5%) |
| Bachelors | 944 (9.7%) |
| Graduate Degree | 1,527 (15.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,957 ▼ 21% below avg |
|---|---|
| Median Home Value | $195,400 ▼ 30% below avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $912/mo |
| Total Housing Units | 6,543 |
| Vacant Units | 574 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Covington is a city in Tennessee, located in Tipton County. The city spans 1 ZIP code and is home to approximately 15,747 residents. It is a relatively young city, with a median age of 37.7 years.
Economically, Covington is a solidly middle-class community. The median household income of $59,957 is below the national average. Approximately 17.4% of residents live below the poverty line. The unemployment rate is 6.0%, above the national average.
The real estate market in Covington is an affordable housing market. Median home values stand at $195,400, which is below the national average. Renters typically pay around $912 per month. Homeownership is high at 63.1%, typical of suburban and family-oriented communities.
The population of Covington is moderately educated. 25.5% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (59.78%).
Covington, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 38019 | 15,747 | $59,957 | $195,400 | $912 | 6.0% | 25.5% | 63.1% |