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Covington, Kentucky Retirement Guide
established retirement community
62
Retirement Score
Covington, Kentucky at a Glance
- Median Home Price
- $153,600
- State Income Tax
- N/A
- Avg January Low
- N/A
- Cost of Living Index
- N/A
- Best For
- established retirement community
- RetireCityIQ Score
- 62 / 100
Retirement Data
Affordability
Cost of Living IndexData not available
Median Home Price
$153,600High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Monthly Rent
$877High confidence
U.S. Census ACS 5-Year · Updated April 2026
Taxes
Retirement Tax ScoreData not available
Tax DetailsData not available
Retiree Readiness (Sprint 2)
Care Access Score (proxy)Data not available
Aging-in-Place Score (proxy)Data not available
Healthcare
Healthcare Access ScoreData not available
Climate
Avg July HighData not available
Avg January LowData not available
Annual PrecipitationData not available
Sunny Days / YearData not available
Safety
Safety ScoreData not available
Walkability
Walk Score (proxy)Data not available
Transit Score (proxy)Data not available
Demographics
Population
40,923High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Age
37.8High confidence
U.S. Census ACS 5-Year · Updated April 2026
Age 65+
14.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Household Income
$53,770High confidence
U.S. Census ACS 5-Year · Updated April 2026
Community Profile
Owner-Occupied Housing
51.4%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Veterans
6.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Bachelor's Degree+
30.4%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Poverty Rate
23.3%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Diversity
White
78.3%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Black
9.6%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Hispanic/Latino
8.5%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Asian
1.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Covington using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$333
Stress-case monthly carrying cost
$374
Median home price used: $153,600
Median rent reference: $877 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.