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Covington County

Learn about the people, housing, costs and businesses in Covington County County

Median Home$123,011
Median Rent$686/month
Population18,148
Leading IndustriesPublic Administration · Retail · Transportation30% public administration
Home Value Growth⬆⬆⬆+24.1% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners78% of occupied units
NotableAffordable Market$123k median home · lower cost than 83% of the country
Covington County
MS

Frequently Asked Questions

What are today's mortgage rates in Covington County?

As of today, the 30-year fixed mortgage rate for Covington County is approximately 7.133% (7.162% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Covington County
What is the median home price in Covington County?

The median home value in Covington County is $123k. The median monthly rent is $686. Annual property taxes average $662. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Covington County?

Home values in Covington County have increased 24.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Covington County?

Based on a typical all-in ownership cost of $608/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Covington County is $50k/year.

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What industries drive the economy in Covington County?

The largest employment sectors in Covington County are public administration (30%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas