IN area data
Covington, IN
Covington, IN.
Population: 5,035 (Census ACS)
Home values & appreciation
- Median home value
- $227,060
- 1-year appreciation
- +4.7%
- 3-year appreciation
- +11.7%
- 5-year appreciation
- +24.2%
- 10-year appreciation
- +86.9%
- All-time peak (2026-06)
- $227,689
- House Price Index
- 367.2 (+2.9% YoY)
Market activity
- New listings (monthly)
- 10
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 16.2¢/kWh
- Natural gas rate (state-level)
- $11.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- coldWave, lightning, strongWind
Climate (30-year normals)
- Average annual temperature
- 54.0°F
- Average high
- 64.0°F
- Average low
- 43.0°F
- Annual precipitation
- 47.7 in
- Annual snowfall
- 14.0 in
Amenities
- Nearest airport
- Songer Airport (5 mi)
- Nearest major airport
- Purdue University Airport (LAF) (31 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- EV charging stations (within 10 mi)
- 4
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- +88 tax filers
Housing stock
- Median year housing built
- 1,971
- Median annual property tax
- $1,207
- Mean commute to work
- 17 min
- Households with broadband internet
- 58.1%
Employment & development
- Total county employment
- 4,276
- Average weekly wage
- $881
- Top industries (by employment)
- Accommodation & Food, Finance & Insurance, Agriculture
- Annual residential building permits (county)
- 11
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →