41014 Covington, KY is an up-and-coming city that has many attractions for its residents. The average 2 bedroom rent in Covington is $990 which is significantly lower than the US average of $1,430. This makes it a very attractive option for anyone looking for an affordable place to live. Furthermore, the grocery cost index in Covington is 94 versus 100 in the US which may make it appealing to those who are budget conscious. There are also many local companies located in Covington that can offer employment and other opportunities. Some of the more well-known companies in Covington include Scripps Networks Interactive, Remke Markets, Eurostampa North America, Eclipse Senior Living, and Rumpke Waste & Recycling. All of these businesses provide great services to the people of Covington and have helped contribute to its growth as a city.
Covington (zip 41014) has an unemployment rate of 5.2%. The US average is 6.0%.
Covington (zip 41014) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Covington (zip 41014)
- The Sales Tax Rate for Covington (zip 41014) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Covington (zip 41014) is 8.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Covington (zip 41014)
- The average income of a Covington (zip 41014) resident is $18,362 a year. The US average is $28,555 a year.
- The Median household income of a Covington (zip 41014) resident is $46,165 a year. The US average is $69,021 a year.