Located in Northshore, Louisiana, Covington has become a popular suburb for those looking to escape the hustle and bustle of New Orleans. The city is home to a variety of local businesses ranging from restaurants like The Little Village Cafe to local stores such as Northshore Outlet Mall. With two bedroom rents at $1,340 per month and grocery costs almost on par with the US index, Covington is an affordable place to live. The area has plenty of activities for residents, such as visiting the historic Bogue Chitto State Park or playing a round of golf at Tchefuncta Country Club. All in all, Covington provides an ideal balance between city amenities and rural beauty.
Covington has an unemployment rate of 4.4%. The US average is 6.0%.
Covington has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Covington
- The Sales Tax Rate for Covington is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Covington is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Covington
- The average income of a Covington resident is $25,432 a year. The US average is $28,555 a year.
- The Median household income of a Covington resident is $70,511 a year. The US average is $69,021 a year.