2026 Compare Cities Economy:
Morehead, KY vs Covington, KY

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Highlights
- Household income in Covington, is 43% more than it is in Morehead and is 44% below the National Average.
- Morehead unemployment rate is 5.9%.
- Covington unemployment rate is 5.2%.
 Morehead, KYCovington, KYUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth34.5%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock7.9%4.6%
 Income per Cap.$20,590  Unlock$37,638
 Household Income  Unlock$47,917$69,021
 Family Median Income$87,639  Unlock$85,028
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 Est. Households By Income
 Morehead, KYCovington, KYUnited States
 Income Less Than 15K  Unlock15.4%9.4%
 Income between 15K and 20K8.1%  Unlock3.8%
 Income between 20K and 30K  Unlock11.8%8.1%
 Income between 30K and 40K5.3%  Unlock8.0%
 Income between 40K and 50K  Unlock8.9%7.6%
 Income between 50K and 60K4.0%  Unlock7.2%
 Income between 60K and 75K  Unlock8.8%9.6%
 Income between 75K and 100K10.9%  Unlock12.8%
 Income between 100K and 150K  Unlock12.8%16.3%
 Income between 150K and 200K1.9%  Unlock7.8%
 Income greater than 200K  Unlock4.0%9.5%
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 Population By Occupation
 Morehead, KYCovington, KYUnited States
 Management, business, finance8.0%  Unlock16.4%
 Engineering, computers, science  Unlock4.9%6.5%
 Community, social services2.4%  Unlock1.8%
 Legal  Unlock2.0%1.2%
 Education, library8.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.8%2.0%
 Healthcare practitioners and technology9.5%  Unlock6.2%
 Healthcare support  Unlock2.5%3.3%
 Firefighters, law enforcement1.9%  Unlock2.1%
 Food preparation, serving  Unlock6.4%5.4%
 Building maintenance0.4%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support21.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair1.5%  Unlock8.1%
 Production, transportation, material moving  Unlock14.9%13.1%
Reviews for Morehead    3 Reviews

I was born and raised in Morehead, KY. I’m 49 and have lived in Morehead the entire time. It is one of the most beautiful places with lots of nature to enjoy. Cave Run  More

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Morehead State University is the regional cultural anchor in Eastern KY. In addition to MSU, the KY Folk Art Center, Cave Run Lake, and the site of many regional  More

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Over 19 years ago

Morehead, Kentucky, is a wonderful place to live for me. It has the cozy, safe, friendly small-town atmosphere and is surrounded by forest. In minutes, I can be lakeside  More

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Reviews for Covington    8 Reviews

Over 14 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 14 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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