Covington, AL County is located in Alabama and is a great place to live and work. The cost of living is relatively low in the area — two bedroom rent can be found for $740 per month compared to the US average of $1,430. Groceries are also cheaper in Covington than most places, with an index score of 92 versus 100 nationally. There are many local companies in Covington that employ residents, such as Education Realty Trust, LMI Aerospace, and Dixieland Metals. Each company brings economic growth to the area while providing jobs for people in the county.
Covington County has an unemployment rate of 2.8%. The US average is 6.0%.
Covington County has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Covington County
- The Sales Tax Rate for Covington County is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Covington County is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Covington County
- The average income of a Covington County resident is $20,941 a year. The US average is $28,555 a year.
- The Median household income of a Covington County resident is $46,186 a year. The US average is $69,021 a year.