Covington, IN Real Estate
According to census data in the year 2000 there were 1,165 housing units in Covington.
This represents a 1.7% growth from 1,146 in 1990.
Of those housing units, 1,156 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Covington is about 75%.
Covington's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Covington were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||2.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.43|
|Median year structure was built||1955|
|Median Value of occupied units||$75,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.62|
|Median year structure was built||1961|
|Median Monthly Rent asked for vacant units||$330|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||13.7%|