Covington
Covington city, Indiana
Covington, Indiana, a charming town of just over 3,000 residents, offers a refreshingly affordable lifestyle, a stark contrast to the national median home value of around $350,000. Here, you'll find a welcoming community where the cost of living is significantly lower, reflected in a median home value of about $128,000. It's a place where neighbors greet each other and the pace of life allows you to savor each day. Covington is ideal for those seeking a tranquil environment without sacrificing access to essential amenities. The town's relaxed atmosphere, combined with its affordability, makes it a perfect escape from the hustle of city life.
From an investment perspective, Covington presents a compelling case. While the median household income of $56,136 is slightly below the national average of around $75,000, the low cost of entry into the housing market means your dollar stretches much further. The town's safety and close-knit community enhance its appeal, making it particularly well-suited for first-time homebuyers or those looking to downsize and enjoy a more relaxed pace of life. Covington's charm, affordability, and close proximity to outdoor recreation opportunities provide a solid foundation for a stable and fulfilling living experience.
Covington, Indiana at a Glance
Covington is a city in Covington city, Indiana with a population of approximately 3,039. The median home value is $128,000 and the median household income is $56,136.. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average.. Median rent is $783 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$128,000
Median Income
$56,136
Population
3,039
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 3,039
- Median Age
- N/A
- Median Household Income
- $56,136
25% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 13.6%
10% above nat'l avg
- Median Home Value
- $128,000
55% below nat'l avg
- Median Rent
- $783
33% below nat'l avg
- Homeownership Rate
- 65.0%
Near nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- N/A
- Property Crime Rate
- 1.0 per 1K
95% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 3.0%
19% below nat'l avg
- Poverty Rate
- 13.6%
10% above nat'l avg
Weather & Climate in Covington
Avg High
63°F
Avg Low
46°F
Annual Rainfall
43"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Marion County county-level presidential election data
Culture & Things to Do in Covington
Covington Apple Fest
An annual festival celebrating apples with food, crafts, and entertainment.
Vermilion County Fair
A traditional county fair with agricultural exhibits, carnival rides, and live entertainment.
Covington Christmas Parade
A festive parade held annually to celebrate the holiday season.
Covington Summer Concert Series
A series of free outdoor concerts held during the summer months.
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