Economy in Covington, Kentucky
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| Unemployment Rate | 8.10% | 8.60% |
| Recent Job Growth | -1.48% | 0.35% |
| Future Job Growth | 28.94% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 8.71% | 4.70% |
| Income per Cap. | $21,803 | $26,154 |
| Household Income | $38,976 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 19.12% | 12.37% |
| Income between 15K and 25K | 12.93% | 10.53% |
| Income between 25K and 35K | 13.62% | 10.88% |
| Income between 35K and 50K | 15.71% | 15.37% |
| Income between 50K and 75K | 19.27% | 20.14% |
| Income between 75K and 100K | 9.64% | 12.41% |
| Income between 100K and 150K | 6.94% | 11.27% |
| Income between 150K and 250K | 2.07% | 5.01% |
| Income between 250K and 500K | 0.66% | 1.86% |
| Income greater than 500K | 0.05% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.11% | 14.04% |
| Professional and Related Occupations | 14.65% | 20.61% |
| Service | 17.65% | 14.45% |
| Sales and Office | 29.53% | 26.75% |
| Farming, Fishing, and Forestry | 0.09% | 0.70% |
| Construction, Extraction, and Maintenance | 8.93% | 9.42% |
| Production, Transportation, and Material Moving | 18.03% | 14.05% |
The unemployment rate in Covington, KY, is 8.10%, with job growth of -1.48%. Future job growth over the next ten years is predicted to be 28.94%.
Covington, KY Taxes
Covington, KY,sales tax rate is 6.00%. Income tax is 8.71%.
Covington, KY Income and Salaries
The income per capita is $21,803, which includes all adults and children. The median household income is $38,976.
Covington Economy SperlingViews
Living in Covington: Covington is an amazing city with beautiful old homes, a rich history and just minutes away from Cincinnati Ohio and all the culture and wonderful events there. The... (read more)Sad city: I grew in Covington an it used to be a great place to live but not anymoore , the crime rate is ridicoulis an herouin has taken the town over, downtown used to be... (read more)Crime: Im a Chicago native looking to move back to covington. But to be pretty honest the crime rate is outrageous. Im trying to leave the city for a slower pace to raise my... (read more)Have an opinion about Covington? Leave a commentTo See All SperlingViews for Covington Click Here
