Covington, GA is a popular city located in Newton County. With a population of 13,868 people, Covington is known for its small-town charm and bustling economy. The average 2 bedroom rent in Covington is $1,570 - $140 more than the US average rent of $1,430. Grocery Cost Index in Covington is 95 versus 100 in the US. Covington also offers many local businesses including Piedmont Academy, Buckhead Coffee Co., and Bentley's Pet Stuff. It is a great place to live as it boasts amenities comparable to larger cities but at a more affordable cost.
Covington (zip 30016) has an unemployment rate of 4.5%. The US average is 6.0%.
Covington (zip 30016) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Covington (zip 30016)
- The Sales Tax Rate for Covington (zip 30016) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Covington (zip 30016) 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 (zip 30016)
- The average income of a Covington (zip 30016) resident is $25,934 a year. The US average is $37,638 a year.
- The Median household income of a Covington (zip 30016) resident is $65,141 a year. The US average is $69,021 a year.