Covington, KY Real Estate
According to census data in the year 2000 there were 20,450 housing units in Covington.
This represents a 7% growth from 19,117 in 1990.
Of those housing units, 20,450 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Covington is about 49.3%.
Covington's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Covington were built after 1943.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.57|
|Median year structure was built||1939|
|Median Value of occupied units||$71,900|
|Median Price asked for vacant units||$69,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.07|
|Median year structure was built||1945|
|Median Monthly Rent asked for vacant units||$368|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||10.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18%|