Covington, KY — income, home value, property tax, and sales tax.
In ZIP code 41017, near Covington, homes carry a median value of $293,500, and the county-level effective property tax rate of 0.98% works out to roughly $2,876 a year in taxes on such a home. With median household income at $97,274 and per-capita income at $55,007, that annual bill equals about 3% of a typical household's earnings, a share most buyers can absorb alongside a mortgage. A combined sales tax of 6.00% adds a bit to everyday purchases, though it doesn't weigh heavily on housing costs.
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