Covington, TN
8,587Residents
$42,254Median household income
$933/moMedian gross rent
$185,900Median home value
40.3Median age
14%Adults with a bachelor’s degree or higher
45%Homes lived in by their owners
4.4×Home value to household income
Median rent takes about 26% of the median household income in Covington.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $37,000 a year. In Tennessee that leaves roughly $2,659 a month after tax. See the full paycheck breakdown for $35,000.
Largest places in Tennessee
- Nashville-Davidson
- Memphis
- Knoxville
- Chattanooga
- Clarksville
- Murfreesboro
- Franklin
- Johnson City
- Jackson
- Hendersonville
All cities in Tennessee · Highest-paying jobs in Tennessee
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.