Covington, KY — income, home value, property tax, and sales tax.
In ZIP code 41014, which takes in part of Covington, households bring in a median of $61,382 a year, while per-capita income sits at $31,331. A home here is valued at $164,700 at the median, and the county's 0.98% property tax rate would work out to roughly $1,614 annually on that amount. Add a 6.00% combined sales tax on purchases, and everyday spending carries a bit more weight. With earnings at this level, housing costs and consumption taxes together shape how far each paycheck stretches from month to month.
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