Everything You Should Know Before Moving to Covington, KY
Considering moving to Covington, KY? With a population of about 40,000, Covington offers affordable living—median home prices are $164,000 and average 2-bedroom rents about $950. Commute times are short at just 22 minutes, and the city boasts a moderate climate with 54% sunny days per year. While crime rates are higher than national averages, Covington’s vibrant downtown, access to quality hospitals, and proximity to major colleges make it an appealing choice for value-conscious movers. Check out local schools, cost of living, and neighborhood stats to see if Covington is your next home.
Demographics - Covington, KY
Demographics - Covington, KY
Covington is home to approximately 40,346 residents, with a median age of 36.5 and a balanced gender ratio. The city features a diverse community, with about 77% identifying as White and 13.5% as Black, and roughly 7.5% of the population speaking a language other than English at home.
Population:
40,346
Density:
3,000 per sq mi
Median Age:
36.5
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
7.5%
Ethnic Composition
White:
77.2%
Black:
13.5%
Asian:
1.5%
Others:
7.8%
Cost Of Living
What is the average cost of living in Covington, KY?
Covington offers affordable living with a cost of living index of 84.7, well below the national average. Median home values stand at $164,000, and average two-bedroom rents are around $950, making it an attractive choice for budget-conscious residents.
Median House Value:
$164,000
Gross Rent:
$950
Monthly Electricity Charges:
$120
Auto Insurance:
$1,220
House Owner Cost With Mortgage:
$1,260
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
2.0%
|
High:
5.0%
Cost Of Living Index:
84.7
Grocery:
92.1
Housing:
62.5
Utilities:
98.3
Transportation:
90.2
Health Care:
87.4
Miscellaneous:
90.0
Crime
Is Covington, KY a safe place to live?
Covington experiences higher crime rates than many cities, with about 467 violent crimes and 3,064 property crimes per 100,000 residents. Residents have a 1 in 214 chance of experiencing violent crime and a 1 in 33 chance of property crime, so it's important to research neighborhoods before moving.
Violent Crimes Per 100k:
467
Property Crimes Per 100k:
3,064
Crime Index:
3,531
Chance Of Violent Crime:
1 in 214
Chance Of Property Crime:
1 in 33
Weather
What is the weather like in Covington, KY year-round?
Covington enjoys a moderate climate with warm summers reaching up to 87°F and cool winters averaging lows of 25°F. The city receives about 43.5 inches of rainfall annually and sees sunshine on approximately 54% of its days, offering a balanced mix of seasons.
Winter
Min:
25°F
Max:
41°F
Spring
Min:
46°F
Max:
68°F
Summer
Min:
65°F
Max:
87°F
Fall
Min:
48°F
Max:
70°F
Average Rainfall Inches:
43.5 inches
Sunny Days Percentage:
54%
Neighbors
Local households typically earn a median income of $53,100, though the poverty rate is higher at 22.5%. Most residents have at least a high school diploma, and average commute times are a quick 22 minutes, contributing to a convenient lifestyle.
Median Income:
$34,500
Household Income:
$53,100
Family Income:
$68,200
Per Capita Income:
$29,100
Income Male:
$38,500
Income Female:
$30,200
Poverty Rate:
22.5%
Non English Speakers:
7.5%
Rent:
$950
Unemployment Rate:
5.3%
Public Transport Usage:
2.1%
Commute Time:
21.7 minutes
Education
High School or Higher:
87.8%
Bachelors or More:
23.2%
Education
How are the schools in Covington, KY?
Covington offers a variety of educational options, including public and private schools with student-teacher ratios around 15:1 and local colleges like Gateway Community & Technical College. Nearby, Northern Kentucky University is just 7 miles away, providing ample opportunities for higher education.
Public Schools
Name:
Holmes High School
Street:
2500 Madison Ave
Phone:
859-655-9545
Students:
900
Student Teacher Ratio:
15.7
Name:
John G. Carlisle Elementary
Street:
910 Holman Ave
Phone:
859-292-5812
Students:
415
Student Teacher Ratio:
15.3
Private Schools
Name:
Covington Catholic High School
Street:
1600 Dixie Hwy
Phone:
859-491-2247
Students:
600
Colleges
Name:
Gateway Community & Technical College
City:
Covington
State:
KY
Distance:
0 miles
Students:
5,800
Name:
Northern Kentucky University
City:
Highland Heights
State:
KY
Distance:
7 miles
Students:
16,000
Healthcare
Covington provides strong healthcare access with major hospitals like St. Elizabeth Healthcare, and most residents (89.4%) have health insurance coverage. There are about 2.2 physicians per 1,000 people, ensuring quality medical care is within easy reach.
Major Hospitals
Name:
St. Elizabeth Healthcare Covington
Address:
1500 James Simpson Jr Way, Covington, KY 41011
Phone:
(859) 655-8800
Type:
General & Surgical
Emergency Services:
Yes
Name:
St. Elizabeth Healthcare Edgewood
Address:
1 Medical Village Dr, Edgewood, KY 41017
Phone:
(859) 301-2000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.2
Health Insurance Coverage:
89.4%
Health Care Index:
67.8
Housing Market
What is the housing market like in Covington, KY?
The housing market in Covington is accessible, with a median home price of $164,000 and owner occupancy at just over 51%. Rental vacancies are moderate at 8.9%, and home values have appreciated by 4.4% over the past year, indicating a stable market.
Median Home Price:
$164,000
Average Rent For 2 Bedroom:
$950
Owner Occupied Rate:
51.3%
Rental Vacancy Rate:
8.9%
Home Appreciation Rate (1yr):
4.4%
New Construction Rate:
1.1%
Foreclosure Rate:
0.7%
DMV Information
Residents handle driver licensing and vehicle registration through the Kentucky Transportation Cabinet, located in Frankfort. DMV services and resources are conveniently available online at the state's official website.
State:
Kentucky
Department:
Kentucky Transportation Cabinet - Division of Driver Licensing
Address:
200 Mero Street, Frankfort, KY 40622
Phone:
502-564-1257
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.