The median household income in Covington, KY in 2022 was $54,536, which was 8.8% less than the median annual income of $59,341 across the entire state of Kentucky. Compared to the median income of $30,735 in 2000 this represents an increase of 43.6%. The per capita income in 2022 was $34,656, which means an increase of 51.4% compared to 2000 when it was $16,841.
Whole page based on the data from 2000 / 2022 when the population of Covington, Kentucky was 43,370 / 41,225
Income statistics for all residents
Median household income in Covington, KY in 2022:
Covington:
$54,536
State:
$59,341
Change in median household income between 2000 and 2022:
Covington, Kentucky:
+77.4%
State:
+76.2%
Number of households with income < $10k:
Covington:
8.6% (1,553)
State:
6.8% (123,697)
Number of households with income $10k - 20k:
Covington:
13.2% (2,390)
Kentucky:
10.0% (182,645)
Number of households with income $20k - 30k:
Covington:
10.4% (1,878)
State:
9.0% (164,092)
Number of households with income $30k - 40k:
Covington:
6.7% (1,223)
State:
9.1% (165,607)
Number of households with income $40k - 50k:
Covington:
9.4% (1,696)
State:
8.0% (146,315)
Number of households with income $50k - 60k:
Covington:
6.0% (1,088)
State:
7.7% (140,671)
Number of households with income $60k - 75k:
Covington:
9.3% (1,693)
State:
9.8% (180,002)
Number of households with income $75k - 100k:
Covington:
10.6% (1,928)
Kentucky:
12.6% (230,239)
Number of households with income $100k - 125k:
Covington:
10.8% (1,951)
State:
9.0% (164,398)
Number of households with income $125k - 150k:
Covington:
5.2% (948)
Kentucky:
5.9% (108,602)
Number of households with income $150k - 200k:
Covington:
4.9% (890)
Kentucky:
6.2% (112,813)
Number of households with income > $200k:
Covington:
5.0% (901)
State:
6.0% (109,599)
Aggregate household income in Covington in 2022: $1,398,802,553
Median family income in Covington in 2022:
Covington:
$81,304
Kentucky:
$76,119
Number of families with income < $10k:
Covington:
5.1% (458)
State:
4.3% (50,255)
Number of families with income $10k - 20k:
Covington:
5.2% (472)
State:
5.4% (62,899)
Number of families with income $20k - 30k:
Covington:
10.1% (912)
State:
6.5% (76,765)
Number of families with income $30k - 40k:
Covington:
5.9% (530)
State:
8.1% (95,183)
Number of families with income $40k - 50k:
Covington:
4.6% (418)
State:
7.1% (83,575)
Number of families with income $50k - 60k:
Covington:
4.9% (441)
State:
7.4% (86,258)
Number of families with income $60k - 75k:
Covington:
9.0% (811)
State:
10.3% (121,229)
Number of families with income $75k - 100k:
Covington:
13.2% (1,189)
State:
14.7% (172,722)
Number of families with income $100k - 125k:
Covington:
16.9% (1,519)
State:
11.5% (134,935)
Number of families with income $125k - 150k:
Covington:
8.7% (783)
Kentucky:
7.9% (93,107)
Number of families with income $150k - 200k:
Covington:
7.7% (691)
State:
8.4% (98,984)
Number of families with income > $200k:
Covington:
8.6% (777)
State:
8.2% (96,213)
Median non-family income in Covington in 2022:
Covington:
$36,486
State:
$33,993
Change in median non-family income between 2000 and 2022:
Covington, Kentucky:
+71.8%
State:
+79.2%
Median per capita income in Covington in 2022:
Covington:
$34,656
Kentucky:
$33,980
Change in median per capita income between 2000 and 2022:
Covington, Kentucky:
+105.8%
State:
+87.8%
Income statistics for White residents
Median household income in Covington, KY in 2022:
Covington:
$60,045
State:
$60,987
Change in median household income between 2000 and 2022:
Covington, Kentucky:
+86.9%
State:
+76.2%
Number of households with income < $10k:
Covington:
7.6% (1,146)
State:
6.2% (96,690)
Number of households with income $10k - 20k:
Covington:
12.3% (1,848)
State:
9.7% (151,125)
Number of households with income $20k - 30k:
Covington:
8.7% (1,318)
State:
8.9% (139,532)
Number of households with income $30k - 40k:
Covington:
6.6% (1,002)
State:
9.1% (142,284)
Number of households with income $40k - 50k:
Covington:
9.6% (1,455)
State:
7.7% (121,151)
Number of households with income $50k - 60k:
Covington:
6.1% (925)
State:
7.7% (119,790)
Number of households with income $60k - 75k:
Covington:
9.2% (1,395)
Kentucky:
9.9% (154,174)
Number of households with income $75k - 100k:
Covington:
12.4% (1,872)
State:
12.8% (199,740)
Number of households with income $100k - 125k:
Covington:
11.0% (1,653)
State:
9.4% (146,284)
Number of households with income $125k - 150k:
Covington:
5.1% (772)
State:
6.0% (94,180)
Number of households with income $150k - 200k:
Covington:
5.5% (832)
Kentucky:
6.4% (100,702)
Number of households with income > $200k:
Covington:
5.7% (864)
State:
6.3% (98,502)
Aggregate household income in Covington in 2022: $1,227,348,407
Median family income in Covington in 2022:
Covington:
$86,699
State:
$78,353
Number of families with income < $10k:
Covington:
5.1% (381)
State:
3.7% (37,075)
Number of families with income $10k - 20k:
Covington:
4.2% (317)
Kentucky:
4.9% (49,864)
Number of families with income $20k - 30k:
Covington:
8.0% (600)
State:
6.4% (64,043)
Number of families with income $30k - 40k:
Covington:
5.4% (407)
Kentucky:
8.0% (81,080)
Number of families with income $40k - 50k:
Covington:
4.8% (360)
State:
6.9% (69,099)
Number of families with income $50k - 60k:
Covington:
4.7% (352)
State:
7.2% (72,955)
Number of families with income $60k - 75k:
Covington:
8.9% (669)
State:
10.4% (104,587)
Number of families with income $75k - 100k:
Covington:
15.5% (1,166)
State:
15.0% (151,545)
Number of families with income $100k - 125k:
Covington:
16.4% (1,227)
Kentucky:
11.9% (120,340)
Number of families with income $125k - 150k:
Covington:
8.5% (635)
State:
8.1% (81,620)
Number of families with income $150k - 200k:
Covington:
8.8% (658)
State:
8.8% (89,097)
Number of families with income > $200k:
Covington:
9.7% (731)
Kentucky:
8.6% (86,849)
Median non-family income in Covington in 2022:
Covington:
$38,402
Kentucky:
$34,415
Change in median non-family income between 2000 and 2022:
Covington, Kentucky:
+73.6%
Kentucky:
+78.3%
Median per capita income in Covington in 2022:
Covington:
$37,876
State:
$35,352
Change in median per capita income between 2000 and 2022:
Covington, Kentucky:
+112.8%
State:
+90.2%
Income statistics for Black or African American residents
Median household income in Covington, KY in 2022:
Covington:
$30,435
Kentucky:
$43,977
Change in median household income between 2000 and 2022:
Covington, Kentucky:
+48.0%
State:
+81.1%
Number of households with income < $10k:
Covington:
21.9% (422)
Kentucky:
12.3% (17,072)
Number of households with income $10k - 20k:
Covington:
20.0% (385)
State:
13.6% (18,796)
Number of households with income $20k - 30k:
Covington:
20.5% (395)
Kentucky:
10.9% (15,069)
Number of households with income $30k - 40k:
Covington:
5.6% (107)
State:
9.0% (12,510)
Number of households with income $40k - 50k:
Covington:
5.9% (114)
State:
10.2% (14,121)
Number of households with income $50k - 60k:
Covington:
5.0% (96)
State:
8.1% (11,147)
Number of households with income $60k - 75k:
Covington:
8.3% (159)
State:
8.9% (12,361)
Number of households with income $75k - 100k:
Covington:
0.8% (16)
State:
10.1% (14,009)
Number of households with income $100k - 125k:
Covington:
7.4% (143)
State:
6.1% (8,400)
Number of households with income $125k - 150k:
Covington:
3.0% (58)
State:
4.3% (5,950)
Number of households with income $150k - 200k:
Covington:
0.6% (11)
Kentucky:
4.0% (5,560)
Number of households with income > $200k:
Covington:
1.1% (21)
State:
2.5% (3,413)
Aggregate household income in Covington in 2022: $36,537,912
Median family income in Covington in 2022:
Covington:
$26,272
State:
$54,745
Number of families with income < $10k:
Covington:
18.4% (181)
State:
10.8% (8,429)
Number of families with income $10k - 20k:
Covington:
13.1% (129)
State:
8.3% (6,488)
Number of families with income $20k - 30k:
Covington:
23.7% (233)
State:
8.4% (6,585)
Number of families with income $30k - 40k:
Covington:
6.9% (68)
State:
9.2% (7,211)
Number of families with income $40k - 50k:
Covington:
3.2% (32)
State:
9.2% (7,186)
Number of families with income $50k - 60k:
Covington:
3.2% (31)
State:
9.4% (7,355)
Number of families with income $60k - 75k:
Covington:
6.7% (66)
State:
9.3% (7,238)
Number of families with income $75k - 100k:
Covington:
0.7% (7)
State:
11.3% (8,866)
Number of families with income $100k - 125k:
Covington:
14.8% (145)
State:
8.4% (6,549)
Number of families with income $125k - 150k:
Covington:
6.1% (60)
State:
6.4% (5,019)
Number of families with income $150k - 200k:
Covington:
1.1% (11)
Kentucky:
6.1% (4,785)
Number of families with income > $200k:
Covington:
1.9% (19)
Kentucky:
3.1% (2,439)
Median non-family income in Covington in 2022:
Covington:
$16,875
State:
$27,637
Change in median non-family income between 2000 and 2022:
Covington, Kentucky:
+17.9%
Kentucky:
+76.6%
Median per capita income in Covington in 2022:
Covington:
$24,464
State:
$27,117
Change in median per capita income between 2000 and 2022:
Covington, Kentucky:
+115.0%
Kentucky:
+104.9%
Income statistics for Asian residents
Median household income in Covington, KY in 2022:
Covington:
$123,855
State:
$84,447
Change in median household income between 2000 and 2022:
Covington, Kentucky:
+144.0%
State:
+82.7%
Number of households with income < $10k:
Covington:
10.5% (20)
State:
5.6% (1,233)
Number of households with income $10k - 20k:
Covington:
15.3% (29)
State:
9.0% (1,974)
Number of households with income $20k - 30k:
Covington:
5.8% (11)
State:
3.2% (700)
Number of households with income $30k - 40k:
Covington:
0.0% (0)
State:
5.4% (1,181)
Number of households with income $40k - 50k:
Covington:
0.0% (0)
State:
6.9% (1,517)
Number of households with income $50k - 60k:
Covington:
0.0% (0)
Kentucky:
9.9% (2,187)
Number of households with income $60k - 75k:
Covington:
0.0% (0)
State:
5.3% (1,173)
Number of households with income $75k - 100k:
Covington:
4.7% (9)
State:
15.3% (3,377)
Number of households with income $100k - 125k:
Covington:
18.9% (36)
State:
10.1% (2,234)
Number of households with income $125k - 150k:
Covington:
28.9% (55)
State:
8.9% (1,949)
Number of households with income $150k - 200k:
Covington:
11.6% (22)
State:
6.6% (1,463)
Number of households with income > $200k:
Covington:
4.2% (8)
State:
13.8% (3,028)
Aggregate household income in Covington in 2022: $31,528,325
Median family income in Covington in 2022:
Covington:
$183,779
Kentucky:
$97,608
Number of families with income $75k - 100k:
Covington:
1.7% (1)
Kentucky:
17.0% (2,506)
Number of families with income $125k - 150k:
Covington:
86.4% (61)
State:
10.6% (1,572)
Number of families with income > $200k:
Covington:
11.9% (8)
State:
17.8% (2,632)
Median per capita income in Covington in 2022:
Covington:
$68,145
State:
$42,939
Income statistics for Hispanic or Latino residents
Median household income in Covington, KY in 2022:
Covington:
$59,717
State:
$57,971
Change in median household income between 2000 and 2022:
Covington, Kentucky:
+54.1%
State:
+96.2%
Number of households with income < $10k:
Covington:
11.3% (91)
Kentucky:
7.0% (3,568)
Number of households with income $10k - 20k:
Covington:
6.4% (52)
State:
5.5% (2,811)
Number of households with income $20k - 30k:
Covington:
11.3% (91)
State:
9.1% (4,637)
Number of households with income $30k - 40k:
Covington:
26.2% (212)
State:
10.0% (5,109)
Number of households with income $40k - 50k:
Covington:
4.6% (37)
State:
10.3% (5,241)
Number of households with income $50k - 60k:
Covington:
20.0% (162)
State:
9.1% (4,609)
Number of households with income $60k - 75k:
Covington:
8.7% (70)
Kentucky:
12.4% (6,299)
Number of households with income $75k - 100k:
Covington:
0.7% (6)
Kentucky:
12.9% (6,562)
Number of households with income $100k - 125k:
Covington:
5.9% (48)
Kentucky:
8.0% (4,066)
Number of households with income $125k - 150k:
Covington:
4.8% (39)
Kentucky:
5.3% (2,685)
Number of households with income $150k - 200k:
Covington:
0.0% (0)
State:
4.3% (2,173)
Number of households with income > $200k:
Covington:
0.0% (0)
Kentucky:
6.1% (3,099)
Aggregate household income in Covington in 2022: $24,494,367
Median family income in Covington in 2022:
Covington:
$52,054
State:
$58,603
Number of families with income < $10k:
Covington:
10.9% (63)
Kentucky:
5.3% (1,907)
Number of families with income $10k - 20k:
Covington:
19.9% (116)
State:
6.4% (2,298)
Number of families with income $20k - 30k:
Covington:
12.9% (74)
State:
9.4% (3,414)
Number of families with income $30k - 40k:
Covington:
17.4% (101)
Kentucky:
11.1% (4,022)
Number of families with income $40k - 50k:
Covington:
8.9% (52)
State:
11.2% (4,054)
Number of families with income $50k - 60k:
Covington:
9.6% (55)
State:
7.2% (2,594)
Number of families with income $60k - 75k:
Covington:
5.3% (31)
State:
10.1% (3,652)
Number of families with income $100k - 125k:
Covington:
7.7% (44)
Kentucky:
8.0% (2,906)
Number of families with income $125k - 150k:
Covington:
7.5% (43)
State:
6.1% (2,200)
Median non-family income in Covington in 2022:
Covington:
$44,140
Kentucky:
$43,780
Change in median non-family income between 2000 and 2022:: -4.0%
Covington, Kentucky:
-4.0%
Kentucky:
+112.1%
Median per capita income in Covington in 2022:
Covington:
$15,924
Kentucky:
$24,650
Change in median per capita income between 2000 and 2022:
Covington, Kentucky:
+23.6%
State:
+106.1%
Income statistics for American Indian and Alaska Native residents
Median household income in Covington, KY in 2022:
Covington:
$92,230
Kentucky:
$43,531
Number of households with income < $10k:
Covington:
0.0% (0)
Kentucky:
10.0% (217)
Number of households with income $10k - 20k:
Covington:
0.0% (0)
State:
17.7% (385)
Number of households with income $20k - 30k:
Covington:
5.3% (2)
Kentucky:
12.8% (279)
Number of households with income $30k - 40k:
Covington:
0.0% (0)
State:
10.8% (234)
Number of households with income $40k - 50k:
Covington:
15.8% (6)
State:
10.2% (221)
Number of households with income $50k - 60k:
Covington:
0.0% (0)
State:
7.7% (167)
Number of households with income $60k - 75k:
Covington:
21.1% (8)
State:
11.1% (241)
Number of households with income $75k - 100k:
Covington:
28.9% (11)
Kentucky:
5.8% (126)
Number of households with income $100k - 125k:
Covington:
2.6% (1)
Kentucky:
5.3% (116)
Number of households with income $125k - 150k:
Covington:
0.0% (0)
State:
4.7% (102)
Number of households with income $150k - 200k:
Covington:
26.3% (10)
State:
1.5% (33)
Number of households with income > $200k:
Covington:
0.0% (0)
Kentucky:
2.4% (52)
Aggregate household income in Covington in 2022: $2,253,009
Median non-family income in Covington in 2022:
Covington:
$83,928
Kentucky:
$19,286
Median per capita income in Covington in 2022:
Covington:
$18,519
State:
$18,045
Change in median per capita income between 2000 and 2022:
Covington, Kentucky:
+93.2%
State:
+26.9%
Income statistics for Multirace residents
Median household income in Covington, KY in 2022:
Covington:
$36,257
State:
$56,359
Change in median household income between 2000 and 2022:
Covington, Kentucky:
+86.5%
State:
+107.8%
Number of households with income < $10k:
Covington:
12.6% (93)
Kentucky:
8.3% (6,780)
Number of households with income $10k - 20k:
Covington:
8.3% (61)
State:
11.0% (9,005)
Number of households with income $20k - 30k:
Covington:
15.9% (117)
State:
8.6% (7,004)
Number of households with income $30k - 40k:
Covington:
16.3% (120)
Kentucky:
9.0% (7,406)
Number of households with income $40k - 50k:
Covington:
3.4% (25)
State:
8.2% (6,707)
Number of households with income $50k - 60k:
Covington:
12.8% (94)
State:
7.4% (6,048)
Number of households with income $60k - 75k:
Covington:
3.7% (27)
Kentucky:
11.2% (9,202)
Number of households with income $75k - 100k:
Covington:
3.4% (25)
State:
11.9% (9,767)
Number of households with income $100k - 125k:
Covington:
17.8% (131)
State:
7.1% (5,846)
Number of households with income $125k - 150k:
Covington:
2.2% (16)
State:
6.9% (5,667)
Number of households with income $150k - 200k:
Covington:
0.0% (0)
State:
5.1% (4,171)
Number of households with income > $200k:
Covington:
3.8% (28)
State:
5.2% (4,241)
Aggregate household income in Covington in 2022: $50,820,459
Median family income in Covington in 2022:
Covington:
$77,392
Kentucky:
$67,296
Number of families with income $10k - 20k:
Covington:
11.1% (54)
State:
8.5% (4,693)
Number of families with income $20k - 30k:
Covington:
9.9% (49)
State:
6.9% (3,802)
Number of families with income $30k - 40k:
Covington:
21.9% (107)
State:
7.4% (4,042)
Number of families with income $40k - 50k:
Covington:
2.3% (11)
State:
8.1% (4,469)
Number of families with income $50k - 60k:
Covington:
11.8% (58)
Kentucky:
7.3% (3,995)
Number of families with income $60k - 75k:
Covington:
8.2% (40)
State:
11.4% (6,256)
Number of families with income $75k - 100k:
Covington:
2.9% (14)
State:
13.8% (7,574)
Number of families with income $100k - 125k:
Covington:
22.4% (110)
Kentucky:
8.8% (4,835)
Number of families with income $125k - 150k:
Covington:
3.1% (15)
State:
7.7% (4,222)
Number of families with income > $200k:
Covington:
6.4% (31)
Kentucky:
7.1% (3,913)
Median non-family income in Covington in 2022:
Covington:
$28,054
State:
$33,660
Change in median non-family income between 2000 and 2022:
Covington, Kentucky:
+69.8%
State:
+117.1%
Median per capita income in Covington in 2022:
Covington:
$28,875
Kentucky:
$25,670
Income statistics for other residents
Median household income in Covington, KY in 2022:
Covington:
$33,115
Kentucky:
$54,740
Number of households with income < $10k:
Covington:
11.3% (71)
State:
7.2% (1,360)
Number of households with income $10k - 20k:
Covington:
14.7% (92)
State:
8.0% (1,524)
Number of households with income $20k - 30k:
Covington:
12.9% (81)
State:
8.6% (1,635)
Number of households with income $30k - 40k:
Covington:
31.2% (195)
Kentucky:
11.1% (2,110)
Number of households with income $40k - 50k:
Covington:
1.3% (8)
State:
12.0% (2,269)
Number of households with income $50k - 60k:
Covington:
7.7% (48)
State:
5.1% (964)
Number of households with income $60k - 75k:
Covington:
15.0% (94)
State:
13.0% (2,456)
Number of households with income $75k - 100k:
Covington:
0.0% (0)
Kentucky:
17.5% (3,305)
Number of households with income $100k - 125k:
Covington:
5.9% (37)
State:
7.6% (1,433)
Number of households with income $125k - 150k:
Covington:
0.0% (0)
State:
3.4% (649)
Number of households with income $150k - 200k:
Covington:
0.0% (0)
Kentucky:
4.4% (833)
Number of households with income > $200k:
Covington:
0.0% (0)
State:
2.1% (395)
Aggregate household income in Covington in 2022: $22,699,412
Median family income in Covington in 2022:
Covington:
$19,988
State:
$47,340
Number of families with income < $10k:
Covington:
4.9% (26)
State:
6.6% (935)
Number of families with income $10k - 20k:
Covington:
34.8% (182)
State:
8.3% (1,176)
Number of families with income $20k - 30k:
Covington:
14.8% (77)
Kentucky:
11.0% (1,549)
Number of families with income $30k - 40k:
Covington:
11.1% (58)
State:
14.0% (1,981)
Number of families with income $40k - 50k:
Covington:
11.6% (61)
Kentucky:
11.0% (1,548)
Number of families with income $50k - 60k:
Covington:
4.4% (23)
State:
3.2% (455)
Number of families with income $60k - 75k:
Covington:
8.2% (43)
State:
11.6% (1,642)
Number of families with income $100k - 125k:
Covington:
10.3% (54)
Kentucky:
8.4% (1,184)
Median non-family income in Covington in 2022:
Covington:
$31,876
State:
$44,721
Change in median non-family income between 2000 and 2022:
Covington, Kentucky:
+83.5%
Kentucky:
+103.9%
Median per capita income in Covington in 2022:
Covington:
$9,505
State:
$20,913
Change in median per capita income between 2000 and 2022:
Covington, Kentucky:
+61.6%
Kentucky:
+98.1%
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