TN area data
Covington, TN
Covington, TN.
Population: 15,760 (Census ACS)
Home values & appreciation
- Median home value
- $210,581
- 1-year appreciation
- +3.6%
- 3-year appreciation
- +10.9%
- 5-year appreciation
- +30.5%
- 10-year appreciation
- +100.4%
- All-time peak (2026-07)
- $210,581
- House Price Index
- 475.9 (+0.5% YoY)
Market activity
- Median sale price
- $223,000
- Median list price
- $286,500
- Median days on market
- 45 days
- Sale-to-list ratio
- 96.4%
- Active listings
- 44
- 1-year forecast
- +0.5%
- New listings (monthly)
- 15
Rents
- Typical rent
- $1,038/mo
- 1BR fair-market rent
- $940/mo
- 3BR fair-market rent
- $1,390/mo
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 13.2¢/kWh
- Natural gas rate (state-level)
- $11.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 6
- Elementary schools
- 3
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- iceStorm, tornado, coldWave, earthquake, heatWave
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 59.0°F
- Average high
- 70.0°F
- Average low
- 49.0°F
- Annual precipitation
- 57.5 in
Walkability & transit
- Walkability index
- 8.0 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Trail Of Tears National Historic Trail (34 mi)
- Nearest airport
- Covington Municipal Airport (3 mi)
- Nearest major airport
- Millington-Memphis Airport (NQA) (20 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Fair (4.4 kWh/m²/day)
Migration
- Net migration
- +280 tax filers
Housing stock
- Median year housing built
- 1,981
- Median annual property tax
- $1,116
- Mean commute to work
- 26 min
- Households with broadband internet
- 63.9%
Employment & development
- Total county employment
- 9,517
- Average weekly wage
- $987
- Top industries (by employment)
- Construction, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 115
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 →