Economy in Covington, Tennessee
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Economy
| Unemployment Rate | 10.60% | 9.10% |
| Recent Job Growth | -0.70% | -0.12% |
| Future Job Growth | 28.00% | 31.25% |
| Sales Taxes | 9.75% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $17,767 | $27,067 |
| Household Income | $31,928 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 30.15% | 12.10% |
| Income between 15K and 25K | 13.09% | 10.18% |
| Income between 25K and 35K | 9.73% | 10.56% |
| Income between 35K and 50K | 13.03% | 14.98% |
| Income between 50K and 75K | 18.30% | 19.53% |
| Income between 75K and 100K | 7.22% | 12.52% |
| Income between 100K and 150K | 5.89% | 12.14% |
| Income between 150K and 250K | 1.18% | 3.91% |
| Income between 250K and 500K | 1.21% | 3.34% |
| Income greater than 500K | 0.20% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.65% | 13.81% |
| Professional and Related Occupations | 17.40% | 22.68% |
| Service | 19.93% | 14.51% |
| Sales and Office | 25.13% | 25.22% |
| Farming, Fishing, and Forestry | 0.60% | 0.68% |
| Construction, Extraction, and Maintenance | 8.23% | 9.37% |
| Production, Transportation, and Material Moving | 25.41% | 15.86% |
The unemployment rate in Covington, TN, is 10.60%, with job growth of -0.70%. Future job growth over the next ten years is predicted to be 28.00%.
Covington, TN Taxes
Covington, TN,sales tax rate is 9.75%. Income tax is 0.00%.
Covington, TN Income and Salaries
The income per capita is $17,767, which includes all adults and children. The median household income is $31,928.
Covington Economy SperlingViews
life in covington: lived in kc,la. miami, chicago, st louis, and memphis. would live anywhere but here in small town midsouth america. cost of living, climate, access to outdoors, but 45... (read more)I think not Covington: I've been living in Covington since 2005 and it's nothing really special. I'm going to school here in 2010 and than i'm looking for another city, in another... (read more)Have an opinion about Covington? Leave a commentTo See All SperlingViews for Covington Click Here
