Is Covington, VA growing?
Covington, VA had an estimated 5,680 (exact) residents in 2020–2024, against 5,598 in 2015–2019.
That is a change of +1.5%, a measurable increase.
Its housing went from 2,997 to 3,035 homes (+1.3%), a measurable increase.
0.5% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 5,680 (exact)
- Amount of change
- +1.5%
- Homes change
- +1.3%
- Built 2020 or later
- 0.5%
Residents and homes in Covington, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 5,598 (exact) | 5,680 (exact) | +1.5% | Measurable increase |
| Housing units | 2,997 (±31) | 3,035 (±12) | +1.3% | Measurable increase |
| Households that rent | 25.5% (±5.4 points) | 29.9% (±5.2 points) | +4.4 percentage points | Not a measurable change |
| Median gross rent | $619 (±$54) | $794 (±$219) | +28.3% | No measurable change after inflation |
| Median home value | $72,900 (±$3,834) | $83,500 (±$5,761) | +14.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Covington against Covington city, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Covington | +1.5% | Measurable increase | +1.3% |
| Covington city | +1.5% | Measurable increase | +1.3% |
| Virginia | +3.0% | Measurable increase | +4.9% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Covington
| Year built | Covington | Covington city | Virginia | United States |
|---|---|---|---|---|
| 2020 or later | 0.5% (±0.7 points) | 0.5% | 1.7% | 2.0% |
| 2010 to 2019 | 0.4% (±0.6 points) | 0.4% | 9.9% | 9.4% |
| 2000 to 2009 | 3.7% (±2.7 points) | 3.7% | 14.9% | 13.6% |
0.9% of the homes in Covington were built in 2010 or later.
The median age of residents is 38.0 years.
Growth in places near Covington
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Covington | — | 5,680 | +1.5% | Measurable increase |
| Clifton Forge | 9.2 mi | 3,447 | −3.7% | Measurable decrease |
| Iron Gate | 11 mi | 426 | +63.2% | Not a measurable change |
| White Sulphur Springs | 17 mi | 2,549 | −16.0% | Not a measurable change |
| Fincastle | 20 mi | 858 | +120.6% | Measurable increase |
| New Castle | 21 mi | 138 | −29.6% | Not a measurable change |
| Buchanan | 24 mi | 1,367 | −0.1% | Not a measurable change |
| Lewisburg | 24 mi | 3,835 | −1.3% | Measurable decrease |
| Falling Spring | 25 mi | 182 | +2.8% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Covington
Is Covington growing?
Covington, VA had an estimated 5,680 residents in 2020–2024 and 5,598 in 2015–2019, a change of +1.5%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Covington?
The estimated number of housing units went from 2,997 in 2015–2019 to 3,035 in 2020–2024 (+1.3%), a measurable increase.
How much new construction is there in Covington?
0.5% of homes in Covington were built in 2020 or later and 0.4% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Covington city, Virginia
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Covington city, Virginia
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Covington city, Virginia
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Covington city, Virginia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Covington city, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Covington city, Virginia
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Covington city, Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) for Covington city, Virginia (place:19728, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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.
Figures last updated on .
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