Covington vs Gilt Edge

A side-by-side comparison of Covington and Gilt Edge: population, income, housing, and more.

Covington and Gilt Edge are places in Tennessee. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Covington has the higher population (8,612 vs 503 in Gilt Edge). Gilt Edge has the higher median household income ($73,929 vs $43,512 in Covington). Gilt Edge has the higher median home value ($178,300 vs $163,900 in Covington).

Population, income & housing

	Covington	Gilt Edge
Population	8,612	503
Median age	35.1 yrs	39.2 yrs
Median household income	$43,512	$73,929
Median home value	$163,900	$178,300
Median gross rent	$910	$845
Housing units	3,801	196
Homeownership rate	48.2%	68.1%
Bachelor's degree or higher	13.2%	16.7%
Unemployment rate	6.5%	3.4%

Trends (ACS 5-year, 2019–2023)

	Covington	Gilt Edge
Population	8,857 → 8,612 (-2.8%)	436 → 503 (+15.4%)
Median household income	$32,568 → $43,512 (+33.6%)	$46,875 → $73,929 (+57.7%)
Median home value	$111,800 → $163,900 (+46.6%)	$131,700 → $178,300 (+35.4%)
Median gross rent	$703 → $910 (+29.4%)	$763 → $845 (+10.7%)

Covington

Population

8,8578,612

Median household income

$32,568$43,512

Median home value

$111,800$163,900

Median gross rent

$703$910

Gilt Edge

Population

436503

Median household income

$46,875$73,929

Median home value

$131,700$178,300

Median gross rent

$763$845

Age & race/ethnicity

Age distribution (share)

	Covington	Gilt Edge
Under 5	8.1%	6.4%
5 to 17	19.0%	15.3%
18 to 24	7.2%	9.3%
25 to 34	15.5%	13.3%
35 to 44	9.6%	13.3%
45 to 54	11.8%	17.5%
55 to 64	11.8%	14.5%
65 to 74	9.9%	5.8%
75 and over	7.1%	4.6%

Race & ethnicity (share)

	Covington	Gilt Edge
White (non-Hispanic)	38.8%	89.7%
Black or African American	58.6%	5.8%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.8%	4.6%
Hispanic or Latino	1.7%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Covington	Gilt Edge
No high school diploma	11.8%	20.2%
High school graduate	45.8%	36.0%
Some college or associate's	29.2%	27.1%
Bachelor's degree	5.7%	11.5%
Graduate or professional degree	7.5%	5.2%

Commute to work

How workers get to work (share)

	Covington	Gilt Edge
Drove alone	79.0%	83.2%
Carpooled	11.4%	7.4%
Public transit	0.0%	0.0%
Walked	0.7%	2.7%
Bicycle	0.0%	0.0%
Worked from home	6.4%	6.3%
Other means	2.4%	0.4%

Housing

Units in structure (share)

	Covington	Gilt Edge
1-unit, detached	73.7%	83.2%
1-unit, attached	1.9%	0.0%
2 to 4 units	14.3%	0.0%
5 to 19 units	7.2%	0.0%
20 or more units	2.1%	0.0%
Mobile home & other	0.8%	16.8%

Poverty & households

	Covington	Gilt Edge
Poverty rate	25.8%	12.4%
Average household size	2.38	2.56
Mean commute (minutes)	27	35
Median year structure built	1976	1975