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Covington city, Indiana Demographics & Population 2026

As of 2026, Covington city, Indiana has a total population of 3,112, the 175th largest city in Indiana, with a median household income of $54,962, which is 22% lower than the state average. The poverty rate is 14.5%.

Covington city Quick Facts

Population 3,112
Median Household Income $54,962
Median Home Value $162,100
Poverty Rate 14.5%
Unemployment Rate 4.0%
Median Age 42.5 years
Homeownership Rate 65.1%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 18.2%
High School Graduation Rate 94.8%
Diversity Index 17/100
Population 3,112 175th of 967
Median Income $54,962 below average
Poverty Rate 14.5% 17% higher national
Median Home Value $162,100 above average

How Covington city Compares

Economy & Housing

Employment

4.0% Unemployment Rate State: 4.3% | National: 5.2%
59.9% Labor Force Participation

Housing Overview

Owner 65.1%
Renter 34.9%
Affordability Index Very Affordable
2.9x home value to income ratio

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Covington city Rankings in Indiana

#175 Population of 967
#542 Median Income of 967
#355 Education of 967
#301 Home Value of 967

Explore Indiana Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Covington city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Corydon town3,165$57,002$162,30020.7%7.3%
Country Squire Lakes CDP3,211$56,806$28,6001.8%20.1%
Albany town2,984$56,356$103,60012.2%7.7%
Brownstown town3,020$62,222$138,10017.6%9.1%
Grissom AFB CDP2,882$52,829$84,7004.9%15.6%

Population Overview

Covington city is a small community located in Indiana. The total population is 3,112. It ranks as the 175th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Covington city is 42.5 years. This is 12% higher than the state median of 38.0 years. 12.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Covington city is $54,962. This is 22% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 30% lower. The poverty rate stands at 14.5%. This is 19% higher than the state poverty rate of 12.2%. The unemployment rate is 4.0%. This is 7% lower than the state rate of 4.3%. The median home value is $162,100. Housing costs are 20% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.9x, Covington city is one of the most affordable housing markets in the area. 65.1% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 70.3%.

Race & Ethnicity

Covington city has a predominantly White (non-Hispanic) population, comprising 91.2% of all residents. Hispanic or Latino residents account for 5.1%. The Black or African American population (1.4%) is well below the state average of 9.1%. The Asian population (1.1%) is well below the state average of 2.5%.

Education

18.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.8%.

Data Sources & Methodology

All demographic data for Covington city, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Covington city, Indiana?

Covington city, Indiana has a population of 3,112 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Covington city, IN?

The median household income in Covington city is $54,962, which is 30% lower the national median of $78,538.

What is the poverty rate in Covington city, IN?

The poverty rate in Covington city is 14.5%. This means approximately 439 residents live below the federal poverty line.

What is the racial makeup of Covington city, Indiana?

Covington city's population is 91.2% White, 1.4% Black, 5.1% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Covington city, IN?

The median home value in Covington city is $162,100. The home-value-to-income ratio is 2.9x.

How educated is Covington city, Indiana?

18.2% of adults (25+) in Covington city hold a bachelor's degree or higher, and 7.7% hold a graduate or professional degree.