Covina, CA
Population 50,143 · California
About Covina, CA
Covina is a mid-sized city located in California with a population of 50,143 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,792 per year, which is 26% above the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Covina features a median home value of $666,000, which is 172% above the national median of $244,900. This places Covina in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,839, 58% above the national average of $1,163/month. Of the 17,112 total housing units, 57% are owner-occupied (9,403 units) and 43% are renter-occupied (6,994 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Covina shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Covina have an average one-way commute time of 33.2 minutes.
Education & Demographics
27.4% of Covina residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 49.1% White, 2.7% Hispanic or Latino, 0.5% Black or African American, and 8.7% Asian residents, with 24.7% of the population being foreign-born.
Cost of Living in Covina, CA
Compared to national averages, Covina has a median household income of $94,792 (26% above the national median of $75,149). Home values average $666,000, which is 172% above the national median. Monthly rent at $1,839 is 58% above the US average of $1,163. Within California, Covina's income is 3% below the state average of $97,829, and home values are 2% above the state median of $653,874.
Why Live in Covina, CA?
Covina offers a strong local economy with a median household income of $94,792, well above the national average, and a low poverty rate of 8.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $666,000. However, as a mid-sized city, Covina provides access to a wide range of amenities and services.
Covina has a population of 50,143 with a median age of 38.2 years. Compare Covina with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Covina
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rosemead | 50,340 | $72,248 | $729,600 | Compare |
| El Dorado Hills | 50,553 | $163,544 | $870,300 | Compare |
| Florin | 49,536 | $66,323 | $359,500 | Compare |
| Cypress | 49,531 | $124,167 | $870,100 | Compare |
| Delano | 50,835 | $61,817 | $270,300 | Compare |
| Azusa | 49,318 | $85,727 | $607,400 | Compare |
| Antelope | 49,080 | $95,102 | $468,200 | Compare |
| Aliso Viejo | 51,320 | $137,970 | $863,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Covina With Other Cities
Frequently Asked Questions about Covina
What is the population of Covina, CA?
The population of Covina, CA is 50,143 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in California.
What is the median household income in Covina?
The median household income in Covina, CA is $94,792 per year, which is 26% above the national median of $75,149.
What is the median home value in Covina?
The median home value in Covina, CA is $666,000, which is 172% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Covina?
The median monthly rent in Covina, CA is $1,839, which is 58% above the national average of $1,163/month.
What is the unemployment rate in Covina?
The unemployment rate in Covina, CA is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Covina, CA a good place to live?
Covina offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 50,143 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Covina, CA?
27.4% of residents in Covina aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Covina?
Key cost-of-living indicators for Covina, CA: median home value is $666,000 (172% above national), median rent is $1,839/month, and median household income is $94,792. The home-value-to-income ratio is 7.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Covina?
The poverty rate in Covina, CA is 8.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Covina, CA?
Covina's population is 49.1% White, 2.7% Hispanic or Latino, 0.5% Black or African American, 8.7% Asian, and 3.6% two or more races. 24.7% of residents are foreign-born.