Covington, WA
21,233Residents
$134,502Median household income
$2,232/moMedian gross rent
$637,300Median home value
36.4Median age
37%Adults with a bachelor’s degree or higher
79%Homes lived in by their owners
4.7×Home value to household income
Median rent takes about 20% 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 $89,000 a year. In Washington that leaves roughly $5,953 a month after tax. See the full paycheck breakdown for $90,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.