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Covington Kentucky Real Estate By Jennifer Hershey

Covington Kentucky Real Estate

Covington, Kentucky, is located in Kenton County, 7 miles S of Cincinnati, Ohio and 100 miles SE of Indianapolis, Indiana. Covington has a population of 43,370.

Covington Homes

Covington properties pool is 18,230 residential properties including Covington new homes. Median age of real estate in Covington is 1943. Average Household size is 3.08 people. 10% are one bedroom homes, 34% are 2 bedroom homes, 42% are 3 bedroom homes, 12% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Covington Mortgage Statistics

Covington mortgages vs. USA median statistics

Homes Covington USA
Homes With No Mortgage 25%
30%
Homes With Mortgage 75%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 21%
16%

Covington Area Real Estate Tax

Covington Real estate Tax: Median Real Estate Taxes (2000) were $795 comparing to 1999 Median Family income $ 38,307. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Covington School District: Children make up 25.9% of Covington population. Covington has 11,219 under 18 years old residents, or 0.58 kids per one worker, or 0.62 kids per one household.

Covington Real Estate & Covington Homeownership

There are 6562.8 or 36% one person households, 5104.4 or 28% two person households, and 2916.8 or 16% three person households in Covington, Kentucky. Median residents age is 33.1, Senior citizens (65+) make up 5,168 or 11.9%% of Covington population.

There are 19,341 workers (over 16 years of age) in Covington. Of these, 85.13% drive to work. Approximately 7.01% of workers in Covington take public transportation. An estimated 5.3% walk to work.

Median Covington homeowner's housing expences are 18%

Crime in Covington (2003), crimes per 10,000 residents per year

Type of Crime Covington USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Covington Properties

When making a decision about buying real estate in Covington Kentucky area, you should consider following statistical data:

Category Covington USA
Near Medium City
Cincinnati, Ohio
-
Near Large City
Indianapolis, Indiana
-
Covington Zip Codes
41011, 41014, 41015, 41016, 41017, 41018
-
Covington Area Codes
859
-
White population
87.05%
75.1%
African-American population
10.14%
12.3%
Asian
0.34%
3.6%
American Indian & Alaskan
0.24%
0.9%
Hispanic (of any race)
1.38%
12.5%
Median Family Income (1999)
$ 38,307%
$42,000
Population Below Poverty Level
17.9%
12.4%

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