Covington, TN
Population 8,612 · Tennessee
About Covington, TN
Covington is a small community in Tennessee with a population of 8,612 residents. The median household income is $43,512 per year, which is below the national average. The median age in Covington is 35.1 years.
Housing in Covington has a median home value of $163,900 and median monthly rent of $910. Of the 3,801 total housing units, renting is more common than owning, with 1,666 owner-occupied and 1,787 renter-occupied units.
The unemployment rate in Covington is 6.5% and the poverty rate is 25.8%. 13.2% of residents hold a bachelor's degree or higher. The average commute time is 27.2 minutes.
Cost of Living in Covington, TN
Compared to national averages, Covington has a median household income of $43,512 (42% below the national median of $75,149). Home values average $163,900, which is 33% below the national median. Monthly rent at $910 is 22% below the US average of $1,163. Within Tennessee, Covington's income is 31% below the state average of $62,849, and home values are 24% below the state median of $214,371.
Why Live in Covington, TN?
Covington offers affordable housing with a median home value of $163,900, below the US average of $244,900, and rent that’s lower than the national average at $910/month.
Potential considerations include median household income ($43,512) 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 8,612 with a median age of 35.1 years. Compare Covington with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Covington
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jefferson City | 8,472 | $53,819 | $205,000 | Compare |
| Harrison | 8,446 | $89,753 | $254,600 | Compare |
| Bloomingdale | 8,840 | $50,408 | $141,800 | Compare |
| Signal Mountain | 8,861 | $139,714 | $482,300 | Compare |
| Pulaski | 8,305 | $45,420 | $168,200 | Compare |
| Milan | 8,194 | $45,608 | $121,400 | Compare |
| Fairfield Glade | 9,149 | $73,569 | $321,300 | Compare |
| Lexington | 7,943 | $49,253 | $173,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Covington
What is the population of Covington, TN?
The population of Covington, TN is 8,612 according to the latest Census data.
What is the median household income in Covington?
The median household income in Covington, TN is $43,512 per year.
What is the median home value in Covington?
The median home value in Covington, TN is $163,900.
What is the average rent in Covington?
The median monthly rent in Covington, TN is $910.
What is the unemployment rate in Covington?
The unemployment rate in Covington, TN is 6.5%.