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Covington, Tennessee Demographics & Population 2026

High PovertyPoverty rate of 29.3% is well above the state average

During the 2020–2024 ACS period, Covington, Tennessee had a total population of 8,587, the 74th largest city in Tennessee, with a median household income of $42,254, which is 39% lower than the state average. The poverty rate is 29.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Covington Quick Facts

Population 8,587
Median Household Income $42,254
Median Home Value $185,900
Poverty Rate 29.3%
Unemployment Rate 8.8%
Median Age 40.3 years
Homeownership Rate 45.3%
Affordability Ratio 4.4x
Bachelor's Degree or Higher 13.7%
High School Graduation Rate 87.9%
Diversity Index 52/100
Population 8,587 74th of 502
Median Income $42,254 bottom 20%
Poverty Rate 29.3% 135% higher than national
Median Home Value $185,900 average

How Covington Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population8,6128,587-0.3%
Median household income$43,512$42,254-2.9%
Median home value$163,900$185,900+13.4%

How Covington Compares

Economy & Housing

Household Income Distribution

Under $25K 35.7%
$25K-$50K 20.5%
$50K-$100K 29.3%
$100K+ 14.6%
Detailed income brackets
Under $10K
12.6%
$10K-$15K
7.5%
$15K-$20K
12.3%
$20K-$25K
3.2%
$25K-$30K
2.7%
$30K-$35K
4.6%
$35K-$40K
3.7%
$40K-$45K
5.2%
$45K-$50K
4.3%
$50K-$60K
2.8%
$60K-$75K
7.8%
$75K-$100K
18.6%
$100K-$125K
8.3%
$125K-$150K
2.5%
$150K-$200K
3.3%
$200K+
0.5%

Employment

8.8% Unemployment Rate State: 4.7%|National: 5.2%
55.0% Labor Force Participation

Housing Overview

Owner 45.3%
Renter 54.7%
Affordability Index Moderate
4.4x home value to income ratio
Median gross rent $933/mo 26.5% of median household income annually

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 46 | National average: 61

Education

Covington Rankings in Tennessee

#74 Population of 502
#382 Median Income of 453
#327 Education of 502
#254 Home Value of 464

Other Cities in Tipton County

CityPopulationMedian IncomePovertyHome Value
Atoka 10,385 $89,663 7.0% $320,700
Munford 6,588 $89,531 8.8% $244,400
Brighton 2,889 $80,882 14.9% $214,100
Mason 1,039 $47,794 31.0% $138,100
Gilt Edge 516 $77,031 14.5% $192,600
Burlison 398 $64,250 4.8% $172,700
Garland 370 $69,688 7.0% $234,200
Randolph 252 $60,568 23.0% $306,800

Cities Similar to Covington

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Milan8,244$43,886$144,10015.6%21.3%
Pulaski8,285$48,538$194,40020.8%25.7%
Brownsville9,622$43,494$158,10014.7%25.7%
Lexington7,962$49,057$176,00016.5%18.4%
Ripley7,658$37,432$154,90016.3%30.7%

Population Overview

Covington is a small city located in Tennessee, within Tipton County. The total population is 8,587. It ranks as the 74th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Covington is 40.3 years. This is 4% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Covington is $42,254. This is 39% lower than the state median of $69,595. It is also 48% lower than the national median of $80,734. The poverty rate stands at 29.3%. This is 113% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 8.8%. This is 88% higher than the state rate of 4.7%. The median home value is $185,900. Housing costs are 35% lower than the state median of $286,700. The home-value-to-income ratio is 4.4x. 45.3% of occupied housing units are owner-occupied. This homeownership rate is 32% lower than the state average of 66.9%.

Race & Ethnicity

The largest racial or ethnic group in Covington is Black or African American, making up 55.2% of the population. White (non-Hispanic) residents account for 42.4%. The Black or African American population is significantly higher than the state average (55.2% vs 15.4%). The Hispanic or Latino population (1.4%) is well below the state average of 7.4%.

Education

13.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.9%.

Data Sources & Methodology

All demographic data for Covington, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Tennessee city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Covington, Tennessee?

Covington, Tennessee has a population of 8,587 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Covington, TN?

The median household income in Covington is $42,254, which is 48% lower than the national median of $80,734.

What is the poverty rate in Covington, TN?

The poverty rate in Covington is 29.3%. This means approximately 2,403 residents live below the federal poverty line.

What is the racial makeup of Covington, Tennessee?

Covington's population is 42.4% White, 55.2% Black, 1.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Covington, TN?

The median home value in Covington is $185,900. The home-value-to-income ratio is 4.4x.

How educated is Covington, Tennessee?

13.7% of adults (25+) in Covington hold a bachelor's degree or higher, and 9.2% hold a graduate or professional degree.