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The total population of Covington is estimated to be 40,923 with 21,197 males (51.80%) and 19,726 females (48.20%). There are 1,471 less females than males in Covington.
The median household income in Covington was $51,794 in 2021, which marked an a decrease of 370(0.71%) from $52,164 in 2020. This income is 69.42% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Covington sees its highest median household income among householders in the age group of 25 to 44 years old, at $60,097. Overall, the median household income for the city of Covington stands at $51,794.
In Covington, the median income for all workers aged 15 years and older, regardless of work hours, was $36,930 for males and $27,681 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,437 for males and $48,548 for females.
In Covington, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $128,159, while Black or African American households represent the opposite end with the lowest median household income of $25,378.
In 2022, the population of Covington was 40,956, a 0.38% increase year-by-year from 2021. Previously, in 2021, Covington's population was 40,801, a decline of 0.32% compared to a population of 40,934 in 2020.
The median age in Covington, KY is 36.9, as per 2021 ACS 5-Year Estimates. Of the total population, 18.71% were under the age of 15, 18.94% aged 15 to 29, 48.95% aged 30 to 64, 11.58% aged 65 to 84, and 1.82% were 85 years of age and older.
Racial distribution of Covington population: 77.87% are White, 10.40% are Black or African American, 0.32% are American Indian and Alaska Native, 1.28% are Asian, 0.26% are Native Hawaiian and other Pacific Islander, 4.79% are some other race and 5.07% are multiracial.