Covington, LA Real Estate
According to census data in the year 2000 there were 3,539 housing units in Covington.
This represents a 5.4% growth from 3,358 in 1990.
Of those housing units, 3,388 were located in either urbanized areas or urban clusters, and 151 were located in what is classified as a rural area.
Homeownership rate in Covington is about 64.9%.
Covington's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Covington were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 7.30% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 43.10% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $119,500 |
| Median Price asked for vacant units | $93,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $477 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 51.80% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
