The median household income in Covington, TN in 2022 was $45,228, which was 44.3% less than the median annual income of $65,254 across the entire state of Tennessee. Compared to the median income of $24,684 in 2000 this represents an increase of 45.4%. The per capita income in 2022 was $23,827, which means an increase of 40.0% compared to 2000 when it was $14,293.
Whole page based on the data from 2000 / 2022 when the population of Covington, Tennessee was 8,463 / 8,803
Income statistics for all residents
Median household income in Covington, TN in 2022:
Covington:
$45,229
State:
$65,254
Change in median household income between 2000 and 2022:
Covington, Tennessee:
+83.2%
State:
+79.5%
Number of households with income < $10k:
Covington:
10.0% (363)
Tennessee:
5.4% (154,793)
Number of households with income $10k - 20k:
Covington:
15.7% (568)
Tennessee:
8.0% (228,599)
Number of households with income $20k - 30k:
Covington:
7.2% (262)
State:
7.9% (224,908)
Number of households with income $30k - 40k:
Covington:
12.8% (465)
State:
8.6% (244,297)
Number of households with income $40k - 50k:
Covington:
9.5% (344)
State:
8.4% (238,949)
Number of households with income $50k - 60k:
Covington:
5.6% (204)
State:
7.7% (218,438)
Number of households with income $60k - 75k:
Covington:
6.6% (241)
State:
10.3% (294,172)
Number of households with income $75k - 100k:
Covington:
17.6% (639)
State:
13.3% (377,310)
Number of households with income $100k - 125k:
Covington:
7.8% (282)
State:
9.5% (269,124)
Number of households with income $125k - 150k:
Covington:
6.0% (217)
Tennessee:
6.3% (178,328)
Number of households with income $150k - 200k:
Covington:
0.8% (29)
State:
7.2% (204,030)
Number of households with income > $200k:
Covington:
0.4% (14)
Tennessee:
7.5% (213,736)
Aggregate household income in Covington in 2022: $199,087,348
Median family income in Covington in 2022:
Covington:
$46,576
State:
$80,910
Number of families with income < $10k:
Covington:
12.4% (298)
State:
3.9% (72,917)
Number of families with income $10k - 20k:
Covington:
7.8% (188)
State:
4.0% (73,770)
Number of families with income $20k - 30k:
Covington:
5.3% (127)
State:
5.6% (104,070)
Number of families with income $30k - 40k:
Covington:
16.4% (395)
Tennessee:
7.2% (133,292)
Number of families with income $40k - 50k:
Covington:
11.1% (266)
State:
7.4% (136,997)
Number of families with income $50k - 60k:
Covington:
2.9% (71)
State:
7.1% (131,374)
Number of families with income $60k - 75k:
Covington:
4.5% (108)
Tennessee:
10.8% (198,685)
Number of families with income $75k - 100k:
Covington:
22.1% (533)
State:
15.1% (279,195)
Number of families with income $100k - 125k:
Covington:
7.0% (168)
State:
11.7% (216,356)
Number of families with income $125k - 150k:
Covington:
8.8% (212)
State:
7.8% (144,000)
Number of families with income $150k - 200k:
Covington:
1.2% (29)
Tennessee:
9.3% (172,160)
Number of families with income > $200k:
Covington:
0.6% (14)
State:
10.0% (183,756)
Median non-family income in Covington in 2022:
Covington:
$28,484
State:
$40,285
Change in median non-family income between 2000 and 2022:
Covington, Tennessee:
+117.2%
Tennessee:
+91.5%
Median per capita income in Covington in 2022:
Covington:
$23,827
Tennessee:
$36,704
Change in median per capita income between 2000 and 2022:
Covington, Tennessee:
+66.7%
Tennessee:
+89.3%
Income statistics for White residents
Median household income in Covington, TN in 2022:
Covington:
$65,607
State:
$69,826
Change in median household income between 2000 and 2022:
Covington, Tennessee:
+105.5%
Tennessee:
+82.9%
Number of households with income < $10k:
Covington:
6.4% (109)
State:
4.6% (100,279)
Number of households with income $10k - 20k:
Covington:
12.5% (214)
State:
7.6% (165,031)
Number of households with income $20k - 30k:
Covington:
6.9% (119)
Tennessee:
7.4% (160,229)
Number of households with income $30k - 40k:
Covington:
3.7% (63)
State:
8.1% (174,784)
Number of households with income $40k - 50k:
Covington:
5.1% (87)
Tennessee:
7.8% (169,622)
Number of households with income $50k - 60k:
Covington:
11.8% (203)
State:
7.6% (165,508)
Number of households with income $60k - 75k:
Covington:
12.9% (222)
State:
10.3% (223,937)
Number of households with income $75k - 100k:
Covington:
15.2% (260)
State:
13.5% (292,688)
Number of households with income $100k - 125k:
Covington:
12.1% (208)
State:
10.1% (219,251)
Number of households with income $125k - 150k:
Covington:
11.0% (189)
State:
6.6% (142,574)
Number of households with income $150k - 200k:
Covington:
1.6% (28)
State:
7.7% (166,039)
Number of households with income > $200k:
Covington:
0.8% (14)
Tennessee:
8.5% (184,546)
Aggregate household income in Covington in 2022: $119,721,459
Median family income in Covington in 2022:
Covington:
$88,142
State:
$86,015
Number of families with income < $10k:
Covington:
8.2% (76)
State:
3.1% (43,751)
Number of families with income $10k - 20k:
Covington:
2.5% (24)
State:
3.5% (49,925)
Number of families with income $20k - 30k:
Covington:
6.1% (57)
State:
5.0% (70,431)
Number of families with income $30k - 40k:
Covington:
3.9% (36)
State:
6.6% (93,498)
Number of families with income $40k - 50k:
Covington:
6.6% (61)
State:
6.8% (96,726)
Number of families with income $50k - 60k:
Covington:
7.6% (71)
Tennessee:
7.2% (101,879)
Number of families with income $60k - 75k:
Covington:
11.3% (105)
Tennessee:
10.7% (151,997)
Number of families with income $75k - 100k:
Covington:
19.1% (178)
State:
15.4% (218,373)
Number of families with income $100k - 125k:
Covington:
10.3% (96)
Tennessee:
12.6% (178,761)
Number of families with income $125k - 150k:
Covington:
20.0% (186)
State:
8.2% (116,575)
Number of families with income $150k - 200k:
Covington:
3.0% (28)
State:
9.9% (141,123)
Number of families with income > $200k:
Covington:
1.5% (14)
State:
11.2% (159,431)
Median non-family income in Covington in 2022:
Covington:
$59,063
State:
$41,178
Median per capita income in Covington in 2022:
Covington:
$33,332
State:
$40,126
Change in median per capita income between 2000 and 2022:
Covington, Tennessee:
+85.4%
Tennessee:
+92.6%
Income statistics for Black or African American residents
Median household income in Covington, TN in 2022:
Covington:
$36,673
State:
$49,531
Change in median household income between 2000 and 2022:
Covington, Tennessee:
+113.2%
State:
+82.3%
Number of households with income < $10k:
Covington:
13.3% (236)
State:
9.1% (39,909)
Number of households with income $10k - 20k:
Covington:
16.1% (286)
State:
10.5% (46,276)
Number of households with income $20k - 30k:
Covington:
7.6% (135)
State:
10.2% (45,072)
Number of households with income $30k - 40k:
Covington:
20.3% (360)
State:
10.0% (43,885)
Number of households with income $40k - 50k:
Covington:
15.2% (269)
State:
10.7% (47,267)
Number of households with income $50k - 60k:
Covington:
0.0% (0)
Tennessee:
7.7% (33,868)
Number of households with income $60k - 75k:
Covington:
0.8% (15)
State:
10.5% (46,247)
Number of households with income $75k - 100k:
Covington:
22.0% (390)
State:
12.6% (55,465)
Number of households with income $100k - 125k:
Covington:
3.5% (62)
State:
6.7% (29,515)
Number of households with income $125k - 150k:
Covington:
1.0% (18)
State:
4.8% (21,306)
Number of households with income $150k - 200k:
Covington:
0.0% (0)
State:
4.6% (20,425)
Number of households with income > $200k:
Covington:
0.0% (0)
State:
2.5% (11,183)
Aggregate household income in Covington in 2022: $74,566,323
Median family income in Covington in 2022:
Covington:
$39,288
Tennessee:
$61,153
Number of families with income < $10k:
Covington:
14.8% (206)
State:
7.9% (20,476)
Number of families with income $10k - 20k:
Covington:
10.0% (139)
State:
6.0% (15,530)
Number of families with income $20k - 30k:
Covington:
4.6% (64)
State:
8.6% (22,263)
Number of families with income $30k - 40k:
Covington:
23.5% (328)
State:
9.3% (24,089)
Number of families with income $40k - 50k:
Covington:
15.2% (213)
State:
10.2% (26,463)
Number of families with income $75k - 100k:
Covington:
26.3% (368)
Tennessee:
14.7% (38,065)
Number of families with income $100k - 125k:
Covington:
4.5% (63)
State:
8.8% (22,648)
Number of families with income $125k - 150k:
Covington:
1.2% (16)
Tennessee:
6.1% (15,758)
Median non-family income in Covington in 2022:
Covington:
$17,931
Tennessee:
$35,793
Change in median non-family income between 2000 and 2022:
Covington, Tennessee:
+81.7%
State:
+104.3%
Median per capita income in Covington in 2022:
Covington:
$17,314
Tennessee:
$27,306
Change in median per capita income between 2000 and 2022:
Covington, Tennessee:
+98.4%
State:
+105.3%
Income statistics for Hispanic or Latino residents
Aggregate household income in Covington in 2022: $8,153,759
Median per capita income in Covington in 2022:
Covington:
$7,572
State:
$21,276
Change in median per capita income between 2000 and 2022:
Covington, Tennessee:
+23.4%
State:
+76.0%
Income statistics for Multirace residents
Median household income in Covington, TN in 2022:
Covington:
$17,889
State:
$57,741
Change in median household income between 2000 and 2022:: -49.5%
Covington, Tennessee:
-49.5%
State:
+87.1%
Number of households with income < $10k:
Covington:
0.0% (0)
State:
6.7% (9,867)
Number of households with income $10k - 20k:
Covington:
73.9% (51)
State:
8.6% (12,639)
Number of households with income $20k - 30k:
Covington:
0.0% (0)
State:
9.2% (13,555)
Number of households with income $30k - 40k:
Covington:
0.0% (0)
State:
10.3% (15,117)
Number of households with income $40k - 50k:
Covington:
0.0% (0)
Tennessee:
9.4% (13,829)
Number of households with income $50k - 60k:
Covington:
0.0% (0)
State:
7.5% (10,969)
Number of households with income $60k - 75k:
Covington:
0.0% (0)
State:
9.2% (13,568)
Number of households with income $75k - 100k:
Covington:
0.0% (0)
State:
12.6% (18,516)
Number of households with income $100k - 125k:
Covington:
13.0% (9)
State:
8.6% (12,656)
Number of households with income $125k - 150k:
Covington:
13.0% (9)
State:
5.9% (8,674)
Number of households with income $150k - 200k:
Covington:
0.0% (0)
State:
7.2% (10,611)
Number of households with income > $200k:
Covington:
0.0% (0)
State:
4.8% (6,986)
Aggregate household income in Covington in 2022: $2,499,668
Median per capita income in Covington in 2022:
Covington:
$13,096
State:
$24,436
Change in median per capita income between 2000 and 2022:
Covington, Tennessee:
+82.0%
State:
+84.3%
Income statistics for other residents
Median per capita income in Covington in 2022:
Covington:
$41,488
State:
$21,430
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