Covington, WA
Population 20,957 · Washington
About Covington, WA
Covington is a mid-sized city in Washington with a population of 20,957 residents. The median household income is $126,730 per year, which is above the national average. The median age in Covington is 37.4 years.
Housing in Covington has a median home value of $590,100 and median monthly rent of $2,220. Of the 7,499 total housing units, the majority are owner-occupied, with 5,794 owner-occupied and 1,530 renter-occupied units.
The unemployment rate in Covington is 3.6% and the poverty rate is 4.7%. 35.9% of residents hold a bachelor's degree or higher. The average commute time is 33.7 minutes.
Cost of Living in Covington, WA
Compared to national averages, Covington has a median household income of $126,730 (69% above the national median of $75,149). Home values average $590,100, which is 141% above the national median. Monthly rent at $2,220 is 91% above the US average of $1,163. Within Washington, Covington's income is 40% above the state average of $90,795, and home values are 28% above the state median of $460,491.
Why Live in Covington, WA?
Covington offers a strong local economy with a median household income of $126,730, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 35.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $590,100. However, Covington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Covington has a population of 20,957 with a median age of 37.4 years. Compare Covington with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Covington
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bothell West | 21,014 | $144,941 | $757,700 | Compare |
| Silverdale | 21,046 | $101,445 | $507,600 | Compare |
| Mill Creek | 20,846 | $121,578 | $836,300 | Compare |
| Battle Ground | 21,293 | $100,185 | $452,000 | Compare |
| Mukilteo | 21,312 | $122,612 | $830,000 | Compare |
| Arlington | 20,599 | $84,919 | $492,600 | Compare |
| Mountlake Terrace | 21,419 | $101,404 | $606,100 | Compare |
| Five Corners | 21,444 | $102,423 | $432,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
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, WA?
The population of Covington, WA is 20,957 according to the latest Census data.
What is the median household income in Covington?
The median household income in Covington, WA is $126,730 per year.
What is the median home value in Covington?
The median home value in Covington, WA is $590,100.
What is the average rent in Covington?
The median monthly rent in Covington, WA is $2,220.
What is the unemployment rate in Covington?
The unemployment rate in Covington, WA is 3.6%.