2025 Compare Cities Economy:
Covington, KY vs Elgin, IL

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Highlights
- Household income in Elgin, is 66% more than it is in Covington and is 13% above the National Average.
- Covington unemployment rate is 5.2%.
- Elgin unemployment rate is 9.9%.
 Covington, KYElgin, ILUnited States
 Unemployment Rate  Unlock9.9%6.0%
 Recent Job Growth  Unlock1.7%1.6%
 Future Job Growth36.9%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$29,773  Unlock$37,638
 Household Income  Unlock$79,757$69,021
 Family Median Income$60,224  Unlock$85,028
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 Est. Households By Income
 Covington, KYElgin, ILUnited States
 Income Less Than 15K  Unlock6.8%9.4%
 Income between 15K and 20K6.3%  Unlock3.8%
 Income between 20K and 30K  Unlock6.0%8.1%
 Income between 30K and 40K9.2%  Unlock8.0%
 Income between 40K and 50K  Unlock6.9%7.6%
 Income between 50K and 60K9.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.8%9.6%
 Income between 75K and 100K10.4%  Unlock12.8%
 Income between 100K and 150K  Unlock21.8%16.3%
 Income between 150K and 200K3.4%  Unlock7.8%
 Income greater than 200K  Unlock6.7%9.5%
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 Population By Occupation
 Covington, KYElgin, ILUnited States
 Management, business, finance17.9%  Unlock16.4%
 Engineering, computers, science  Unlock5.3%6.5%
 Community, social services2.0%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library4.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.4%2.0%
 Healthcare practitioners and technology4.6%  Unlock6.2%
 Healthcare support  Unlock2.8%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock4.9%5.4%
 Building maintenance3.8%  Unlock3.6%
 Personal care  Unlock2.7%2.6%
 Sales, office, administrative support23.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair7.4%  Unlock8.1%
 Production, transportation, material moving  Unlock21.0%13.1%
Reviews for Covington    8 Reviews

Over 13 years ago

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  More

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Over 13 years ago

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  More

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Covington, Kentucky is a great place to live and work. Depending on what you do for work, Covington is a vibrant exciting city that sits directly on the Ohio River,  More

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Reviews for Elgin    9 Reviews

When I first moved to Elgin 2 years ago I did not like it. I lived in a mobile home park near the river and highway 90 in a senior community that over prices it's lot  More

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Hi, as a way of updating the post for Elgin and providing a rebuttal for some of the negative reviews, I've decided to post on this board. I've lived in Elgin since  More

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Over 15 years ago

I have lived in Elgin my whole life and it is very sad to read these comments about my town.... I'm a senior at South Elgin High School and I will be graduating this  More

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