Covington, GA Real Estate
According to census data in the year 2000 there were 4,624 housing units in Covington.
This represents a 18.2% growth from 3,913 in 1990.
Of those housing units, 4,405 were located in either urbanized areas or urban clusters, and 219 were located in what is classified as a rural area.
Homeownership rate in Covington is about 51.5%.
Covington's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Covington were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 15.20% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 41.80% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $84,500 |
| Median Price asked for vacant units | $144,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $247 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 1.90% |
| Simple Mortgage | 50.40% |
| Debt Free | 42% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
