Economy in Covington, Washington
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Economy
| Unemployment Rate | 8.40% | 9.10% |
| Recent Job Growth | -1.16% | -0.12% |
| Future Job Growth | 29.28% | 31.25% |
| Sales Taxes | 8.90% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $30,312 | $27,067 |
| Household Income | $82,248 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 1.61% | 12.10% |
| Income between 15K and 25K | 2.13% | 10.18% |
| Income between 25K and 35K | 3.24% | 10.56% |
| Income between 35K and 50K | 11.78% | 14.98% |
| Income between 50K and 75K | 23.84% | 19.53% |
| Income between 75K and 100K | 24.75% | 12.52% |
| Income between 100K and 150K | 22.69% | 12.14% |
| Income between 150K and 250K | 6.33% | 3.91% |
| Income between 250K and 500K | 2.71% | 3.34% |
| Income greater than 500K | 0.93% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.62% | 13.81% |
| Professional and Related Occupations | 19.81% | 22.68% |
| Service | 11.87% | 14.51% |
| Sales and Office | 28.92% | 25.22% |
| Farming, Fishing, and Forestry | 0.16% | 0.68% |
| Construction, Extraction, and Maintenance | 11.96% | 9.37% |
| Production, Transportation, and Material Moving | 17.59% | 15.86% |
The unemployment rate in Covington, WA, is 8.40%, with job growth of -1.16%. Future job growth over the next ten years is predicted to be 29.28%.
Covington, WA Taxes
Covington, WA,sales tax rate is 8.90%. Income tax is 0.00%.
Covington, WA Income and Salaries
The income per capita is $30,312, which includes all adults and children. The median household income is $82,248.
Covington Economy SperlingViews
Location: The City of Covington is rich in small town character and beautiful natural environment. It is family-oriented, safe, and pedestrian-friendly town that is rapidly... (read more)A safe neighborhood: Covington is relatively safe. Our idea of crime is when someone drives on the park grass. We had a rash of vehicle thefts a couple of years ago, but they caught the... (read more)Have an opinion about Covington? Leave a commentTo See All SperlingViews for Covington Click Here
