How many renters in Covington, KY pay more than 30% of their income on rent?

Name: Rent burden in Covington, KY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

49.2% (±5.1 points) of renting households in Covington, KY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

40.9% spend 35% or more.

The median renting household spends 29.6% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 49.2% (±5.1 points)
Paying 35% or more: 40.9% (±4.6 points)
Median share of income: 29.6% (±2.6 points)

Rent as a share of income in Covington

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Covington	Kenton County	Kentucky	United States
Less than 15%	18.1% (±4.3 points)	17.2%	16.6%	12.6%
15% to 19.9%	14.8% (±3.2 points)	15.6%	13.5%	12.2%
20% to 24.9%	8.7% (±2.4 points)	12.0%	12.7%	12.6%
25% to 29.9%	9.2% (±2.4 points)	11.4%	11.8%	11.5%
30% to 34.9%	8.3% (±2.3 points)	8.2%	8.8%	9.2%
35% or more	40.9% (±4.6 points)	35.7%	36.6%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Covington against Kenton County, its state and the nation

Estimate (90% margin of error)
	Covington	Kenton County	Kentucky	United States
Paying 30% or more	49.2% (±5.1 points)	43.9% (±3.4 points)	45.4% (±0.6 points)	51.1%
Paying 35% or more	40.9% (±4.6 points)	35.7% (±3.0 points)	36.6% (±0.5 points)	41.9%
Median share of income	29.6% (±2.6 points)	27.3% (±1.3 points)	28.1% (±0.3 points)	30.6%
Median renter household income	$35,692 (±$5,081)	$48,858 (±$2,821)	$39,858 (±$584)	$52,966
Median gross rent	$1,006 (±$57)	$1,069 (±$30)	$967 (±$5)	$1,413

In Covington, the share of renters paying 30% or more of income is not measurably different from Kenton County (43.9%).

It is not measurably different from Kentucky (45.4%).

It is not measurably different from the national figure (51.1%).

In Kenton County, Covington ranks 4 of 17 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 152 of 425.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Covington

Nearest places with a published estimate, compared with Covington
Place	Distance	Renters paying 30% or more of income	Compared with this place
Covington	—	49.2% (±5.1 points)	—
Kenton Vale	1.1 mi	50.0% (±58.9 points)	Not measurably different
Fort Wright	1.1 mi	27.0% (±13.9 points)	Lower
Fort Mitchell	2.1 mi	38.5% (±12.3 points)	Not measurably different
Wilder	2.1 mi	25.6% (±25.0 points)	Not measurably different
Taylor Mill	2.1 mi	32.2% (±30.4 points)	Not measurably different
Park Hills	2.3 mi	52.2% (±21.5 points)	Not measurably different
Lakeside Park	2.5 mi	15.6% (±27.9 points)	Lower
Crestview Hills	2.8 mi	41.5% (±23.9 points)	Not measurably different

Nearby places with a measurably lower figure: Fort Wright, KY (27.0%), Lakeside Park, KY (15.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Kenton County, place by place

Rank	Place	Renters paying 30% or more of income
1	Elsmere	60.7% (±20.3 points)
2	Park Hills	52.2% (±21.5 points)
3	Kenton Vale	50.0% (±58.9 points)
4	Covington	49.2% (±5.1 points)
5	Crescent Springs	42.6% (±16.6 points)
6	Crestview Hills	41.5% (±23.9 points)
7	Erlanger	39.9% (±10.6 points)
8	Fort Mitchell	38.5% (±12.3 points)
9	Independence	38.2% (±11.7 points)
10	Edgewood	33.6% (±22.4 points)

Showing 10 of 17 places in Kenton County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Covington

Are renters in Covington rent-burdened?

49.2% of renting households in Covington pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Covington spend on rent?

The median renting household in Covington, KY spends 29.6% (±2.6 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Covington city, Kentucky (place:17848, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.