Virginia
Covington city
5,671 residents0 permits TTM$42,724 median HHI0 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$80,200
ACS 5-Year
Cap rate proxy
12.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
23.1%
HUD FMR ÷ ACS HHI
Net migration
+1.89%
IRS SOI
Permits (TTM)
0
Census BPS
Climate risk
9.7
FEMA NRI (0–100)
Demographics
Owner-occupied
71.4%
Census ACS
Vacancy rate
17.9%
Census ACS
Bachelor's degree +
9.6%
Census ACS
Rent burdened
41.3%
Census ACS (>30% income)
Median age
41.5
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026