Covington

Population: 3,112
Median household income: $54,962
Median home value: $162,100

Covington, a community in Fountain County, Indiana, has 3,112 residents. Its median household income of $54,962 runs below the Fountain County figure of $62,526.

Between 2019 and 2023, Covington's population grew 27.6% from 2,439 to 3,112, while its median home value rose 63.4% from $99,200 to $162,100.

18.2% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 65.1% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 3,112
Median age: 42.5 yrs
Median household income: $54,962
Median home value: $162,100
Median gross rent: $841
Housing units: 1,442
Homeownership rate: 65.1%
Bachelor's degree or higher: 18.2%
Unemployment rate: 4.0%

Trends

ACS 5-year · 2019–2023

Population

2,4393,112

Median household income

$51,607$54,962

Median home value

$99,200$162,100

Median gross rent

$660$841

Year	Population	Median household income	Median home value	Median gross rent
2019	2,439	$51,607	$99,200	$660
2020	2,572	$53,309	$113,900	$680
2021	2,799	$51,292	$110,900	$726
2022	3,039	$56,136	$128,000	$783
2023	3,112	$54,962	$162,100	$841

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.4%

5 to 1718.0%

18 to 246.4%

25 to 3410.7%

35 to 4413.0%

45 to 5412.8%

55 to 6411.8%

65 to 748.8%

75 and over12.2%

	Count	Share
Under 5	199	6.4%
5 to 17	559	18.0%
18 to 24	199	6.4%
25 to 34	332	10.7%
35 to 44	404	13.0%
45 to 54	397	12.8%
55 to 64	368	11.8%
65 to 74	275	8.8%
75 and over	379	12.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,838	91.2%
Black or African American	43	1.4%
American Indian & Alaska Native	0	0.0%
Asian	35	1.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	38	1.2%
Hispanic or Latino (any race)	158	5.1%

Educational attainment (age 25+)

No high school diploma5.2%

High school graduate35.5%

Some college or associate's41.2%

Bachelor's degree10.5%

Graduate or professional degree7.7%

	Count	Share
No high school diploma	112	5.2%
High school graduate	764	35.5%
Some college or associate's	887	41.2%
Bachelor's degree	226	10.5%
Graduate or professional degree	166	7.7%

Commute to work

Mean travel time to work: 16 min

Drove alone67.7%

Carpooled16.0%

Public transit1.6%

Walked5.4%

Bicycle0.0%

Worked from home9.3%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	921	67.7%
Carpooled	217	16.0%
Public transit	22	1.6%
Walked	74	5.4%
Bicycle	0	0.0%
Worked from home	126	9.3%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	650	52.7%
15 to 29 min	355	28.8%
30 to 44 min	145	11.8%
45 to 59 min	57	4.6%
60+ min	27	2.2%

Households

Average household size: 2.31
Poverty rate: 14.5% (439 of 3,024)

	Count	Share
Family households	832	63.7%
Nonfamily households	475	36.3%

Housing

Median year structure built: 1957

Occupancy

	Count	Share
Occupied	1,307	90.6%
Vacant	135	9.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	851	65.1%
Renter-occupied	456	34.9%

1-unit, detached77.3%

1-unit, attached0.1%

2 to 4 units16.7%

5 to 19 units2.2%

20 or more units0.3%

Mobile home & other3.4%

Units in structure

	Count	Share
1-unit, detached	1,114	77.3%
1-unit, attached	1	0.1%
2 to 4 units	241	16.7%
5 to 19 units	32	2.2%
20 or more units	5	0.3%
Mobile home & other	49	3.4%

Geography

Place GEOID: 1815490
Type (LSAD): 25
Land area: 1.45 sq mi
Water area: 0 sq mi
Center point: 40.1415, -87.3906