Covington, KY — income, home value, property tax, and sales tax.
Households in ZIP code 41016, which takes in part of Covington, bring in a median income of $71,172, or $34,358 per person. A median home here is valued at $173,500, and the county-level property tax rate of 0.98% works out to roughly $1,700 a year on a home at that price. Sales tax across the area totals 6.00%, applying to everyday purchases. Together these figures sketch a straightforward cost picture: mid-range incomes, home values below many national benchmarks, and tax rates that stay in single digits on both the property and sales sides.
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