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Covington, TN Area and Community Summary Information


Community Summary

Covington Tennessee
Community Characteristics
Population 8,639 6,066,922
Population Density 839 143
Educational Climate Index 3
Median Age 34.72 36.64
Median Dwelling Age 28 25
In Current Residence 5+ years 36 % 34 %
Median Home Sale Price $90,000
Average household Income $46,094 $54,070
Median Value of Home Equity $132,235 $164,344
Median Mortgage Debt $257,611 $327,967
Total Household Expenditure 80 88
Total Crime Risk 3 124
Weather Risk 101 73
Air Pollution Index 96 109
Median Travel Time to Work 14.55 20.45
     

Population Characteristics

Covington Tennessee
Population 8,639 6,066,922
Population Density 839 143
     
Male Population 3,907 2,977,767
Female Population 4,732 3,089,155
     
Population Change Since 1990 12 % 24 %
Population Change Since 2000 2 % 7 %
     

Age

Covington Tennessee
Median Age 34.72 36.64
     
Population: Age 0-4 632 395,292
Population: Age 5-9 578 379,266
Population: Age 10-14 559 384,732
Population: Age 15-19 662 400,663
Population: Age 20-24 732 412,621
Population: Age 25-29 608 416,263
Population: Age 30-34 479 419,714
Population: Age 35-39 478 425,388
Population: Age 40-44 564 449,648
Population: Age 45-49 655 458,333
Population: Age 50-54 537 429,523
Population: Age 55-59 443 384,943
Population: Age 60-64 381 314,730
Population: Age 65-69 362 242,502
Population: Age 70-74 356 195,777
Population: Age 75-79 229 149,768
Population: Age 80-84 193 108,299
Population: Age 85+ 190 99,460
     

Race Distribution

Covington Tennessee
Race: White 4,788 4,815,970
Race: American Indian, Eskimo, Aleut 47 16,582
Race: Asian or Pacific Islander 41 83,343
Race: Other 24 70,461
Race: Hawaiian / Pacific Islander 2 974
Race: Black 3,675 996,986
     

Hispanic Distribution

Covington Tennessee
Population: Hispanic 102 202,701
Population: Not Hispanic 8,537 5,864,221
     

Education

Covington Tennessee
Education: Less than 9th Grade 576 257,142
Education: Some High School 1,091 444,027
Education: High School Graduate 1,911 1,453,984
Education: Some College 1,043 774,031
Education: Associate Degree 185 242,416
Education: Bachelors Degree 446 597,667
Education: Graduate Degree 223 325,081
     

Marital Status

Covington Tennessee
Never Married 1,909 1,138,318
Now Married 2,955 2,659,660
Separated 523 223,195
Widowed 775 335,982
Divorced 713 549,736
     

Households

Covington Tennessee
Households 3,611 2,416,882
Average Household Size
     
Households: Family 2,450 1,624,831
Households: Non-Family 1,161 792,051
     
Households: With Children 1,469 825,983
Households: No Children 2,142 1,590,899
     

Housing Characteristics

Covington Tennessee
Median Dwelling Age 28 25
Median Home Sale Price $90,000
Average household Income $46,094 $54,070
Median Value of Home Equity $132,235 $164,344
Median Mortgage Debt $257,611 $327,967
     

Home Ownership

Covington Tennessee
Vacant Dwellings 205 296016
Owner-Occupied Dwellings 1957 1668351
Renter-Occupied Dwellings 1654 748531
     

Turnover

Covington Tennessee
In Current Residence 5+ years 36 % 34 %
Annual Residential Turnover 13 % 17 %
     
Median Years in Residence 3.46 3.41
     

Income Characteristics

Covington Tennessee
Median household income $32,824 $44,361
Average household Income $46,094 $54,070
Per capita income $20,130 $22,185
Median Disposable Income $29,253 $38,375
     

Income Growth

Covington Tennessee
Change in Avg. Household Income Since 1990 74 % 79 %
Change in Avg. Household Income Since 2000 16 % 22 %
     

Household Income

Covington Tennessee
Household Income: $0-$10,000 732 251,709
Household Income: $10,000-$15,000 298 129,704
Household Income: $15,000-$20,000 277 139,925
Household Income: $20,000-$25,000 219 150,132
Household Income: $25,000-$30,000 209 151,156
Household Income: $30,000-$35,000 123 139,649
Household Income: $35,000-$40,000 134 129,852
Household Income: $40,000-$45,000 161 133,339
Household Income: $45,000-$50,000 141 115,564
Household Income: $50,000-$60,000 379 227,707
Household Income: $60,000-$75,000 306 246,940
Household Income: $75,000-$100,000 309 263,821
Household Income: $100,000-$125,000 131 137,091
Household Income: $125,000-$150,000 82 70,609
Household Income: $150,000-$200,000 36 58,681
Household Income: $200,000-$250,000 5 19,928
Household Income: $250,000-$500,000 4 23,684
Household Income: $500,000+ 63 27,391
     

Median Income

Covington Tennessee
Median Income: Age < 25 $25,682 $29,033
Median Income: Age 25-34 $29,800 $42,771
Median Income: Age 35-44 $38,077 $50,130
Median Income: Age 45-54 $40,154 $55,546
Median Income: Age 55-64 $37,632 $48,367
Median Income: Age 65-74 $27,321 $35,773
Median Income: Age 75+ $22,778 $28,095
     

Cost of Living Index

Covington Tennessee
Total Household Expenditure 80 88
Contributions 73 85
Personal Insurance 74 85
Apparel 79 88
Education 75 84
Entertainment 78 88
Food And Beverages 82 89
Health Care 84 91
Household Furnishings And Equipment 76 87
Shelter 79 88
Household Operations 74 85
Miscellaneous Expenses 82 89
Personal Care 81 88
Reading 80 88
Tobacco 90 93
Transportation 80 89
Utilities 84 90
Gifts 74 85
     
Sales Tax Rate 10 %
     

Financial Characteristics

Covington Tennessee
Median Household Net Worth $89,527 $127,261
Average Household Net Worth $337,852 $435,224
Median Value of Home Equity $132,235 $164,344
Median Mortgage Debt $257,611 $327,967
     

Net Worth

Covington Tennessee
Net Worth: $0 or Less 490 287,880
Net Worth: $1-$5,000 546 329,399
Net Worth: $5,000-$10,000 255 169,324
Net Worth: $10,000-$25,000 432 294,506
Net Worth: $25,000-$50,000 459 318,828
Net Worth: $50,000-$100,000 569 394,323
Net Worth: $100,000-$250,000 637 459,893
Net Worth: $250,000-$500,000 241 178,870
Net Worth: Greater Than $500,000 126 94,316
     

Investments and Debt

Covington Tennessee
Median Value of Transaction Accounts $19,104 $23,953
Median Value of Certificates of Deposit $5,644 $6,587
Median Value of Savings Bonds $848 $1,006
Median Value of Bonds (Not US Savings) $7,059 $9,723
Median Value of Stocks $23,991 $32,160
Median Value of Mutual Funds $20,220 $26,762
Median Value of Retirement Accounts $44,919 $59,211
Median Value of Cash Value Life Ins $4,416 $5,464
Median Value of Other Managed Accounts $11,236 $14,359
Median Value of Other Financial Assets $3,108 $3,949
Median Value of Any Financial Assets $140,544 $183,174
Median Value of Vehicles Owned $14,144 $16,706
Median Value of Investment Property Equity $25,935 $33,616
Median Value of Business Equity $18,087 $23,299
Median Value of Other Non-Financial Assets $63,477 $85,204
Median Value of Any Non-Financial Assets $3,734 $4,798
Median Installment Loan Debt $44,659 $57,005
Median Lines of Credit Debt $4,895 $6,579
Median Credit Card Debt $430 $557
Median Investment Real Estate Debt $7,340 $8,284
Median Other Debt $10,946 $13,489
Median Total Debts $112,732 $151,329
     

Occupation

Covington Tennessee
     
Occupations: White Collar 3,719 2,162,300
Occupations: Blue Collar 1,242 712,721
     
Business Counts: Professional Specialty Occupations 697 417,241
Business Counts: Sales Professionals 142 74,580
Business Counts: Technologies and Technicians 175 110,453
Business Counts: Sales Workers and Clerks 528 280,381
Business Counts: Administrative Support 884 523,432
Business Counts: Technical, Sales and Administrative: Field Occupations 17 7,705
Business Counts: Private Household 0 127
Business Counts: Protective Services 66 40,032
Business Counts: Other Services: Site Based 674 371,712
Business Counts: Other Services: Field Based 33 16,517
Business Counts: Farming, Forestry, and Fishing 139 75,134
Business Counts: Precision, Craft, and Repair: Site Based 532 277,626
Business Counts: Construction, Repair and Mining: Field Based 123 90,363
Business Counts: Machine Operators, Assemblers and Inspectors 159 83,604
Business Counts: Transportation Materials Moving Workers 133 94,656
Business Counts: Handlers, Helpers and Laborers 156 91,338
     
Employees: Agricultural, Forestry, Fishing 99 24,789
Employees: Mining 0 3,586
Employees: Construction 88 138,026
Employees: Manufacturing 765 360,730
Employees: Transportation and Communications 203 138,267
Employees: Wholesale Trade 113 151,279
Employees: Retail Trade 1,270 621,947
Employees: Finance, Insurance and Real Estate 293 173,351
Employees: Services 1,689 1,078,225
Employees: Public Administration 441 184,924
     

Transportation & Commute

Covington Tennessee
Median Travel Time to Work 14.55 20.45
Transportation to Work: Public 0 % 1 %
Transportation to Work: Drive / Carpool 96 % 94 %
Transportation to Work: Walk / Bike / Other 2 % 2 %
Transportation to Work: Work at Home 3 % 3 %
     

Crime Risk

Covington Tennessee
Total Crime Risk 3 124
     
Personal Crime Risk 5 144
Murder Risk 3 118
Rape Risk 2 112
Robbery Risk 10 113
Assault Risk 3 163
     
Property Crime Risk 2 121
Burglary Risk 2 145
Larceny Risk 1 117
Motor Vehicle Theft Risk 3 102
     

Temperature & Rain

Covington Tennessee
Average January High Temperature 45.9 45.96
Average January Low Temperature 27.9 25.93
Average July High Temperature 91.4 88.19
Average July Low Temperature 69.8 66.13
     
Annual Precipitation 53.3 53.74
     

Weather Risk Index

Covington Tennessee
Weather Risk 101 73
Earthquake Risk 373 138
Hail Index 53 96
Hurricane Index 67 58
Tornado Index 156 82
Wind Index 70 117
     

Environmental Quality Index

Covington Tennessee
Air Pollution Index 96 109
Ozone Index 127 109
Carbon Monoxide Index 93 100
Lead Index 41 147
NO2 Index 128 97
Particulate Matter Index 92 93
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
38019
$41,461
Median Value of Home Equity
Zip
1
38019
$149,427
Fastest Growing (change since 2000)
Zip
1
38019
3 %
Longest Commute
Zip
1
38019
17.81
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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