Covington, TN Employment - Median Household Income, Unemployment Rate

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F

23%

Income/capita NAT. AVG.

38%

Household income NAT. AVG.

42%

Unemployment NAT. AVG.

Index	Covington	Tennessee	National
Income per capita	$23,014	$26,019	$29,829
Median household income	$34,208	$46,574	$55,322
Median income owner occupied	$62,281	$58,570	$70,586
Median income renter occupied	$21,069	$28,937	$35,192
Median earnings male	$27,664	$32,560	$36,919
Median earnings female	$21,141	$24,186	$26,250
Unemployment rate	2.7%	4.6%	4.7%
Poverty level	23.6%	17.2%	15.1%

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Key findings

The income per capita in Covington is 23% lower than the national average
The median household income in Covington is 38% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Covington is 42% lower than the national average
The poverty level in Covington is 56% higher than the national average

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am i middle class

$22,803 $34,208 $68,416

City

$31,046 $46,574 $93,148

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Covington median earnings by income bracket

Covington employment by industry

Labour Type	Male	Female
Construction industry	23.5%	23.5%
Manufacturing sector	17.9%	17.9%
Financial & insurance services	2.3%	2.3%
Wholesale & retail services	15.1%	15.1%
Public administration	8.4%	8.4%
Transportation, warehousing & utilities	7.1%	7.1%
Education, health & social services	6.9%	6.9%
Other	18.8%	18.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Atoka, TN	9,407	$86,935	57.1%
Brighton, TN	2,931	$75,412	36.3%
Munford, TN	6,090	$73,365	32.6%
Garland, TN	329	$70,625	27.7%
Braden, TN	357	$66,691	20.6%
Covington, TN	8,863	$34,208	38.2%

Cities with similar population

City	Population	Household Income	National Avg.
Redlands, CO	8,863	$77,348	39.8%
Laurens, SC	8,863	$41,486	25.0%
Smithville, NJ	8,861	$58,507	5.8%
Valley Cottage, NY	8,861	$116,214	110.1%
Fort Knox, KY	8,865	$63,119	14.1%
Covington, TN	8,863	$34,208	38.2%

Source: The Covington, TN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).