Covington, TX (76636) is a small town located in East Texas that offers an affordable cost of living. With a two bedroom rent of only $930, Covington is one of the most economical places to live in the US where the average two bedroom rent is $1,430. Additionally, grocery costs are relatively low with the Grocery Cost Index at 94 compared to 100 for the US as a whole.
The community in Covington is known for its friendly and welcoming atmosphere. There are several companies and local amenities which help contribute to this small-town charm including: C & M Services Inc., providing quality transportation services; The Painted Porch Antiques offering an array of antiques as well as unique home decor; CM Grocery Store for all your grocery needs; and Doc's Country Store for camping and outdoor gear supplies. All these establishments offer excellent service to residents and visitors alike. Recreational activities such as fishing, swimming, hiking, bird watching, golfing, hunting and more can be enjoyed here as well.
Covington (zip 76636) has an unemployment rate of 6.5%. The US average is 6.0%.
Covington (zip 76636) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Covington (zip 76636)
- The Sales Tax Rate for Covington (zip 76636) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Covington (zip 76636) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Covington (zip 76636)
- The average income of a Covington (zip 76636) resident is $29,720 a year. The US average is $37,638 a year.
- The Median household income of a Covington (zip 76636) resident is $61,923 a year. The US average is $69,021 a year.