Covington, a city located in the state of Kentucky (KY), is home to a population of approximately 40,923 people. Covington boasts a median age of 37.8, with around 21.7% of its residents aged 60 or above. 6.2% of the population identifies as US Veterans. 16.1% of Covington residents are disabled. The city has an average household income of $53,770, while the unemployment rate stands at 6.1%, and around 23.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Covington is $153,054, with a monthly rent averaging $877.