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Covington town, Oklahoma Demographics & Population 2026

Very AffordableHome value to income ratio of 1.1x is exceptionally low

As of 2026, Covington town, Oklahoma has a total population of 341, the 439th largest city in Oklahoma, with a median household income of $74,500, which is 17% higher than the state average. The poverty rate is 9.1%.

Key Takeaways

Covington town Quick Facts

Population 341
Median Household Income $74,500
Median Home Value $85,500
Poverty Rate 9.1%
Unemployment Rate 3.6%
Median Age 40.3 years
Homeownership Rate 77.9%
Affordability Ratio 1.1x
Bachelor's Degree or Higher 15.2%
High School Graduation Rate 89.8%
Diversity Index 26/100
Population 341 439th of 834
Median Income $74,500 top 20%
Poverty Rate 9.1% 27% lower national
Median Home Value $85,500 below average

How Covington town Compares

Economy & Housing

Employment

3.6% Unemployment Rate State: 4.9% | National: 5.2%
71.9% Labor Force Participation

Housing Overview

Owner 77.9%
Renter 22.1%
Affordability Index Very Affordable
1.1x home value to income ratio

People & Demographics

Diversity Index

26out of 100
Low Diversity

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

State average: 55 | National average: 60

Education

Covington town Rankings in Oklahoma

#439 Population of 834
#121 Median Income of 834
#363 Education of 834
#463 Home Value of 834

Cities Similar to Covington town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Webbers Falls town343$78,750$94,50016.9%16.9%
Little Ponderosa CDP323N/A$216,2006.1%0.0%
Arpelar CDP330$70,000$123,50013.0%17.3%
Lane CDP322$70,938$86,90016.0%12.1%
Fargo town323$67,188$83,0008.4%8.4%

Population Overview

Covington town is a small community located in Oklahoma. The total population is 341. It ranks as the 439th most populous out of 834 cities and towns in Oklahoma.

Age Demographics

The median age in Covington town is 40.3 years. This is 9% higher than the state median of 36.9 years.

Economy, Income & Housing

The median household income in Covington town is $74,500. This is 17% higher than the state median of $63,603. Compared to the national median of $78,538, household income here is 5% lower. The poverty rate stands at 9.1%. This is 41% lower than the state poverty rate of 15.3%. The unemployment rate is 3.6%. This is 26% lower than the state rate of 4.9%. The median home value is $85,500. Housing costs are 54% lower than the state median of $185,900. With a home-value-to-income ratio of just 1.1x, Covington town is one of the most affordable housing markets in the area. 77.9% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 65.8%.

Race & Ethnicity

Covington town has a predominantly White (non-Hispanic) population, comprising 85.3% of all residents. Hispanic or Latino residents account for 7.6%.

Education

15.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% lower than the state rate of 27.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.8%.

Data Sources & Methodology

All demographic data for Covington town, Oklahoma 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 Oklahoma state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 834 Census-designated places in Oklahoma. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Covington town, Oklahoma?

Covington town, Oklahoma has a population of 341 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Covington town, OK?

The median household income in Covington town is $74,500, which is 5% lower the national median of $78,538.

What is the poverty rate in Covington town, OK?

The poverty rate in Covington town is 9.1%. This means approximately 31 residents live below the federal poverty line.

What is the racial makeup of Covington town, Oklahoma?

Covington town's population is 85.3% White, 0.0% Black, 7.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Covington town, OK?

The median home value in Covington town is $85,500. The home-value-to-income ratio is 1.1x.

How educated is Covington town, Oklahoma?

15.2% of adults (25+) in Covington town hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.