City profile
Covington, KY
Historic river town across the bridge from Cincinnati with walkable neighborhoods.
Climate
Climate type
Four seasons
Winter avg
31°F
Summer avg
76°F
Sunny days / yr
180
Home prices & cost of living
Median home price
$230,000
Typical monthly housing
$1,500
Cost of living (100 = U.S.)
88
Taxes
- Property tax
- 0.80%
- State income tax (top)
- 4%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 6.00%
FEMA natural hazard risk
Relatively Low · county score 77/100
Top hazards: Strong wind, Tornado, Cold wave
Nearest major airport
9 mi to Cincinnati Northern Kentucky International Airport (CVG)
Political lean (2024 county vote)
Leans Republican · 39% Democratic / 59% Republican
Demographics (Census ACS)
Population (2024)
41,110
Growth since 2019
+1.4%
Median age
37.6
Residents 65+
14.2%
Median household income
$61,166
Income growth since 2019
+40.8%
Black household income
$35,250
Home ownership
51.8%
Poverty rate
20.8%
Poverty rate, 65+
16.1%
Race & ethnicity: Black 8.4% · White 75.2% · Hispanic 8.7% · Asian 1.0% · Other 6.8%
Crime (per 100,000 residents, 2025)
Violent crime
290 · 12% below the national average
Property crime
1,402 · 10% below the national average
Source: FBI Crime Data Explorer, Covington Police Department. State average: violent 216, property 1,283.
2025–2026 trends
2026 market trends
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: flooding, tornadoes
Highlights
- Walk to Cincinnati attractions
- Historic homes
- Close to CVG airport
Trade-offs
- River flooding
- Older housing stock
Figures are estimates from public sources (see How we match). Verify before making decisions.