Covington city, Virginia

The median household income in Covington city, Virginia is $42,724, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.

The per capita income in Covington city is $24,067, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $42,724.

Covington city's median household income of $42,724 is lower than the Virginia state average of $74,957. The per capita income is $24,067, compared to the state average of $39,155.

The per capita income in Covington city, Virginia is $24,067, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.

Covington city's median household income of $42,724 is below the Virginia average of $74,957. The per capita income of $24,067 is also lower than the state average of $39,155. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.

Covington city ranks #128 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $42,724 and per capita income of $24,067, it falls in the bottom third of counties statewide.