Covington, MI
Population 113 · Michigan
About Covington, MI
Covington is a small community located in Michigan with a population of 113 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,750 per year, which is 9% below the national median of $75,149. The median age of 48.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Covington features a median home value of $0, which is 100% below the national median of $244,900. This makes Covington one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 110 total housing units, 92% are owner-occupied (46 units) and 8% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Covington shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Covington have an average one-way commute time of 22.7 minutes.
Education & Demographics
14.3% of Covington residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 2.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Covington, MI
Compared to national averages, Covington has a median household income of $68,750 (9% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Covington's income is 4% above the state average of $66,017, and home values are 100% below the state median of $183,391.
Why Live in Covington, MI?
Covington offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 1.8%, better than the national average, and short commute times averaging just 22.7 minutes.
Potential considerations include median household income ($68,750) that falls below the national average. However, Covington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Covington has a population of 113 with a median age of 48.5 years. Compare Covington with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Covington
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Gogebic | 113 | $36,711 | $0 | Compare |
| Nessen City | 115 | $59,375 | $122,500 | Compare |
| Greenland | 116 | $43,958 | $55,000 | Compare |
| Crystal Mountain | 120 | $0 | $487,500 | Compare |
| Bergland | 105 | $57,917 | $75,200 | Compare |
| Skanee | 105 | $81,250 | $235,000 | Compare |
| Arcadia | 123 | $83,333 | $256,800 | Compare |
| Chatham | 123 | $47,813 | $154,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Covington With Other Cities
Frequently Asked Questions about Covington
What is the population of Covington, MI?
The population of Covington, MI is 113 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Covington?
The median household income in Covington, MI is $68,750 per year, which is 9% below the national median of $75,149.
What is the median home value in Covington?
The median home value in Covington, MI is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Covington?
The median monthly rent in Covington, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Covington?
The unemployment rate in Covington, MI is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Covington, MI a good place to live?
Covington offers a moderate cost of living, affordable housing, and a strong job market. With a population of 113 and a median age of 48.5, the city appeals to established professionals and retirees.
How educated is Covington, MI?
14.3% of residents in Covington 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 Covington?
Key cost-of-living indicators for Covington, MI: median home value is $0 (100% below national), median rent is $0/month, and median household income is $68,750. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Covington?
The poverty rate in Covington, MI is 1.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Covington, MI?
Covington's population is 0.0% White, 2.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.