Economy in Covington, Ohio
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Economy
| Unemployment Rate | 9.10% | 9.10% |
| Recent Job Growth | -2.27% | -0.12% |
| Future Job Growth | 26.36% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 8.37% | 6.25% |
| Income per Cap. | $24,312 | $27,067 |
| Household Income | $52,186 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.27% | 12.10% |
| Income between 15K and 25K | 8.08% | 10.18% |
| Income between 25K and 35K | 13.40% | 10.56% |
| Income between 35K and 50K | 17.97% | 14.98% |
| Income between 50K and 75K | 27.38% | 19.53% |
| Income between 75K and 100K | 13.97% | 12.52% |
| Income between 100K and 150K | 7.99% | 12.14% |
| Income between 150K and 250K | 0.86% | 3.91% |
| Income between 250K and 500K | 1.81% | 3.34% |
| Income greater than 500K | 0.29% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.99% | 13.81% |
| Professional and Related Occupations | 19.16% | 22.68% |
| Service | 15.06% | 14.51% |
| Sales and Office | 25.32% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 9.62% | 9.37% |
| Production, Transportation, and Material Moving | 27.84% | 15.86% |
The unemployment rate in Covington, OH, is 9.10%, with job growth of -2.27%. Future job growth over the next ten years is predicted to be 26.36%.
Covington, OH Taxes
Covington, OH,sales tax rate is 6.50%. Income tax is 8.37%.
Covington, OH Income and Salaries
The income per capita is $24,312, which includes all adults and children. The median household income is $52,186.
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