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The total population of Covington is estimated to be 5,722 with 2,716 males (47.47%) and 3,006 females (52.53%). There are 290 more females than males in Covington.
The median household income in Covington was $44,579 in 2021, which marked an a decrease of 1,907(4.10%) from $46,486 in 2020. This income is 59.75% 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 45 to 64 years old, at $52,286. Overall, the median household income for the city of Covington stands at $44,579.
In Covington, the median income for all workers aged 15 years and older, regardless of work hours, was $43,236 for males and $24,591 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,745 for males and $42,411 for females.
In Covington, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $84,695, while White households represent the opposite end with the lowest median household income of $43,406.
In 2022, the population of Covington was 5,679, a 0.91% decrease year-by-year from 2021. Previously, in 2021, Covington's population was 5,731, a decline of 0.19% compared to a population of 5,742 in 2020.
The median age in Covington, VA is 42.2, as per 2021 ACS 5-Year Estimates. Of the total population, 19.28% were under the age of 15, 16.46% aged 15 to 29, 45.10% aged 30 to 64, 17.63% aged 65 to 84, and 1.52% were 85 years of age and older.
Racial distribution of Covington population: 81.75% are White, 12.14% are Black or African American, 1.21% are Asian and 4.90% are multiracial.