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Covington city in figures

A profile of Covington city from official statistics: 19 figures in 4 sections, each with its period, its change from a year earlier, its rank among similar places where a ranking exists, and its source.

Figures last updated on 2026-10-12.

People

Population in Covington city was 5,680 in 2025, down 0.1% from 2024, and the 6th lowest of 133 counties in Virginia.

Population5,6802025Down 0.1% from 2024The 6th lowest of 133 counties in Virginia
Median age38 years2024Down 3.5 years from 2023The 30th lowest of 133 counties in Virginia
Population aged 65 and over21.1%2025Up 0.1 percentage points from 2024The 52nd lowest of 133 counties in Virginia
Foreign-born population share4.1%2024Up 1.2 percentage points from 2023
Population density401 inhabitants per km²2025Down 0.1% from 2024
Net domestic migration, July to June-42025, estimatedCompared with 90 in 2024
5,6005,6505,7005,7502020202120222023202420252020: 5,747 persons2021: 5,719 persons2022: 5,671 persons2023: 5,600 persons2024: 5,688 persons2025: 5,680 persons
Population, 2020 to 2025. persons. Source: U.S. Census Bureau, Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program).

Sources: U.S. Census Bureau, Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program); U.S. Census Bureau, American Community Survey 5-year estimates, table B01002: median age, total population; U.S. Census Bureau, Population Estimates Program, county population by age and sex (cc-est agesex): residents aged 65 and over as a percentage of the total, 1 July; states and the nation summed from counties; U.S. Census Bureau, American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs; U.S. Census Bureau, Population Estimates Program resident population on 1 July divided by land area from the latest Census Gazetteer files, persons per km²; U.S. Census Bureau, Population Estimates Program: net domestic migration, states and counties, July 1 of the previous year to June 30 of the reported year; vintage 2020 files for 2011 to 2020 and the latest 2020s vintage from 2021. Population and demography statistics and rankings

Work and income

Unemployment rate in Covington city was 4.5% (provisional) in August 2026, down 0.2 percentage points from August 2025, and tied for the 24th highest of 133 counties in Virginia.

Unemployment rate4.5%August 2026, provisionalDown 0.2 percentage points from August 2025Tied for the 24th highest of 133 counties in Virginia
Median household income$41,9442024Down 1.8% from 2023The 4th lowest of 133 counties in Virginia
Poverty rate (US official measure)14.8%2024Down 2.9 percentage points from 2023The 45th highest of 133 counties in Virginia
Gini index40.22024Down 1.1 points from 2023
234562021-072022-042023-012023-102024-072025-042026-082021-07: 6 %2021-08: 5.9 %2021-09: 5.2 %2021-10: 5 %2021-11: 2.9 %2021-12: 4.1 %2022-01: 4.1 %2022-02: 3.9 %2022-03: 3.7 %2022-04: 3.4 %2022-05: 3.6 %2022-06: 4 %2022-07: 4.1 %2022-08: 4.2 %2022-09: 4.1 %2022-10: 4 %2022-11: 4.3 %2022-12: 4.1 %2023-01: 4.9 %2023-02: 4.5 %2023-03: 3.6 %2023-04: 3 %2023-05: 3.5 %2023-06: 3.4 %2023-07: 4.1 %2023-08: 4.5 %2023-09: 3.7 %2023-10: 3.6 %2023-11: 3.4 %2023-12: 3.7 %2024-01: 5.1 %2024-02: 4.5 %2024-03: 4 %2024-04: 3.4 %2024-05: 3.8 %2024-06: 4.2 %2024-07: 4.5 %2024-08: 4.7 %2024-09: 4.1 %2024-10: 3.6 %2024-11: 4.3 %2024-12: 4.2 %2025-01: 5.3 %2025-02: 5.1 %2025-03: 4.6 %2025-04: 4 %2025-05: 4.5 %2025-06: 4.5 %2025-07: 4.6 %2025-08: 4.7 %2025-09: 5.1 %2025-11: 5.2 %2025-12: 4.5 %2026-01: 5.5 %2026-02: 5.2 %2026-03: 4.8 %2026-04: 4.4 %2026-05: 4.5 %2026-06: 4.8 %2026-07: 4.4 %2026-08: 4.5 %
Unemployment rate, July 2021 to August 2026. %. Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted.

Sources: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted; U.S. Census Bureau, American Community Survey 5-year estimates, table B19013: median household income in the past 12 months; U.S. Census Bureau, Small Area Income and Poverty Estimates (SAIPE): percent of people of all ages in poverty, states and counties; U.S. Census Bureau, American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100). Labor market statistics and rankings

Prices and housing

Median home value in Covington city was $83,500 in 2024, up 4.1% from 2023, and the lowest of 133 counties in Virginia.

Median home value$83,5002024Up 4.1% from 2023The lowest of 133 counties in Virginia
County house price annual change, sales and refinances29.56%2023Up 23.81 percentage points from 2022
Median gross rent (monthly)$7942024Down 3.4% from 2023The 23rd lowest of 133 counties in Virginia
Homeownership rate (US, housing units)70.1%2024Down 1.3 percentage points from 2023
Housing units authorized by building permits52025, estimatedUp 400% from 2024
65K70K75K80K85K20212022202320242021: 69,800 USD2022: 80,100 USD2023: 80,200 USD2024: 83,500 USD
Median home value, 2021 to 2024. USD. Source: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units.

Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units; Federal Housing Finance Agency, FHFA developmental all-transactions county house prices, published annual percent change, nominal, not seasonally adjusted; U.S. Census Bureau, American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent; U.S. Census Bureau, American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs; U.S. Census Bureau, Building Permits Survey: final annual county estimates of new privately owned housing units authorized, including imputation. Housing statistics and rankings

Business and tourism

Employer firms in Covington city were 176 in 2023, unchanged from 2022, and the 20th lowest of 133 counties in Virginia.

Employer firms1762023Unchanged from 2022The 20th lowest of 133 counties in Virginia
Establishment entry rate4.482%2023Down 1.17 percentage points from 2022The lowest of 131 counties in Virginia
Establishment exit rate3.922%2023Down 0.6 percentage points from 2022The lowest of 133 counties in Virginia
Job creation rate4.237%2023Down 0.33 percentage points from 2022
17018019020021022019992003200720112015201920231999: 211 count2000: 205 count2001: 204 count2002: 206 count2003: 211 count2004: 211 count2005: 208 count2006: 213 count2007: 214 count2008: 210 count2009: 196 count2010: 192 count2011: 197 count2012: 200 count2013: 192 count2014: 186 count2015: 190 count2016: 190 count2017: 183 count2018: 184 count2019: 180 count2020: 171 count2021: 174 count2022: 176 count2023: 176 count
Employer firms, 1999 to 2023. count. Source: U.S. Census Bureau, Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties.

Sources: U.S. Census Bureau, Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties; U.S. Census Bureau, Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010; U.S. Census Bureau, Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010; U.S. Census Bureau, Business Dynamics Statistics: job creation rate, all covered industries, nation and states from 1978, counties from 2010. Companies statistics and rankings

Sources and citations

Each figure comes from the table cited here. Cite the publisher; these citations include any notice the publisher requires.

  1. U.S. Census Bureau. Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program). https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-08.
  2. U.S. Census Bureau. American Community Survey 5-year estimates, table B01002: median age, total population. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b01002.dat. Retrieved 2026-10-08.
  3. U.S. Census Bureau. Population Estimates Program, county population by age and sex (cc-est agesex): residents aged 65 and over as a percentage of the total, 1 July; states and the nation summed from counties. https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/counties/asrh/cc-est2025-agesex-all.csv. Retrieved 2026-10-09.
  4. U.S. Census Bureau. American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b05002.dat. Retrieved 2026-10-09.
  5. U.S. Census Bureau. Population Estimates Program resident population on 1 July divided by land area from the latest Census Gazetteer files, persons per km². https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-09.
  6. U.S. Census Bureau. Population Estimates Program: net domestic migration, states and counties, July 1 of the previous year to June 30 of the reported year; vintage 2020 files for 2011 to 2020 and the latest 2020s vintage from 2021. https://www.census.gov/programs-surveys/popest/data/data-sets.html. Retrieved 2026-10-12.
  7. U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted. https://download.bls.gov/pub/time.series/la/la.data.0.CurrentU25-29. Retrieved 2026-10-08.
  8. U.S. Census Bureau. American Community Survey 5-year estimates, table B19013: median household income in the past 12 months. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19013.dat. Retrieved 2026-10-08.
  9. U.S. Census Bureau. Small Area Income and Poverty Estimates (SAIPE): percent of people of all ages in poverty, states and counties. https://www2.census.gov/programs-surveys/saipe/datasets/2024/2024-state-and-county/est24all.txt. Retrieved 2026-10-08.
  10. U.S. Census Bureau. American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19083.dat. Retrieved 2026-10-10.
  11. U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-09.
  12. Federal Housing Finance Agency (FHFA). FHFA developmental all-transactions county house prices, published annual percent change, nominal, not seasonally adjusted. https://www.fhfa.gov/hpi/download/annual/hpi_at_county.xlsx. Retrieved 2026-10-10.
  13. U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-09.
  14. U.S. Census Bureau. American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25003.dat. Retrieved 2026-10-09.
  15. U.S. Census Bureau. Building Permits Survey: final annual county estimates of new privately owned housing units authorized, including imputation. https://www2.census.gov/econ/bps/County/co2025a.txt. Retrieved 2026-10-10.
  16. U.S. Census Bureau. Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-11.
  17. U.S. Census Bureau. Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
  18. U.S. Census Bureau. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
  19. U.S. Census Bureau. Business Dynamics Statistics: job creation rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.

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