2025 Compare Cities Economy:
Covington, WA vs Lake of the Woods, VA

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Highlights
- Household income in Lake of the Woods, is 23% less than it is in Covington and is 22% above the National Average.
- Covington unemployment rate is 5.4%.
- Lake of the Woods unemployment rate is 4.9%.
 Covington, WALake of the Woods, VAUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock2.2%1.6%
 Future Job Growth40.5%  Unlock33.5%
 Sales Taxes8.6%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$45,445  Unlock$37,638
 Household Income  Unlock$88,438$69,021
 Family Median Income$123,841  Unlock$85,028
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 Est. Households By Income
 Covington, WALake of the Woods, VAUnited States
 Income Less Than 15K  Unlock8.6%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock2.9%8.1%
 Income between 30K and 40K4.4%  Unlock8.0%
 Income between 40K and 50K  Unlock0.5%7.6%
 Income between 50K and 60K3.7%  Unlock7.2%
 Income between 60K and 75K  Unlock8.1%9.6%
 Income between 75K and 100K11.4%  Unlock12.8%
 Income between 100K and 150K  Unlock25.7%16.3%
 Income between 150K and 200K16.2%  Unlock7.8%
 Income greater than 200K  Unlock8.5%9.5%
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 Population By Occupation
 Covington, WALake of the Woods, VAUnited States
 Management, business, finance18.4%  Unlock16.4%
 Engineering, computers, science  Unlock5.2%6.5%
 Community, social services1.2%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library6.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.3%2.0%
 Healthcare practitioners and technology4.1%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement2.4%  Unlock2.1%
 Food preparation, serving  Unlock2.6%5.4%
 Building maintenance1.3%  Unlock3.6%
 Personal care  Unlock1.2%2.6%
 Sales, office, administrative support27.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair8.5%  Unlock8.1%
 Production, transportation, material moving  Unlock11.2%13.1%
Reviews for Covington    2 Reviews

Over 16 years ago

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  More

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Over 17 years ago

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  More

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Reviews for Lake Of The Woods    0 Reviews

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