Covington, TN Real Estate
According to census data in the year 2000 there were 3,302 housing units in Covington.
This represents a 13.1% growth from 2,920 in 1990.
Of those housing units, 3,050 were located in either urbanized areas or urban clusters, and 252 were located in what is classified as a rural area.
Homeownership rate in Covington is about 50.3%.
Covington's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Covington were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.8|
|Median year structure was built||1972|
|Median Value of occupied units||$76,100|
|Median Price asked for vacant units||$77,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$131|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.7%|