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Covington County Housing Market

Alabama · 67 counties · Ranked #1005 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$142,500

vs national$142,500 vs $281,900 national

Median Gross Rent

$736/mo

vs national$736 vs $1,163 national

Effective Tax Rate

0.25%

vs national0.25% vs 1.02% national

Median Household Income

$50,886

vs national$50,886 vs $74,755 national

Affordability Ratio

2.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$358

Tax as % of Home Value

0.25%

Monthly Owner Cost

$552

Renter Income

$27,120

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Covington County?

The median home value in Covington County is $142,500. This is below the national median of $281,900.

How much is rent in Covington County?

The median gross rent in Covington County is $736 per month.

What is the property tax rate in Covington County?

The effective property tax rate in Covington County is 0.25%. The median annual property tax bill is $358.

Is Covington County affordable?

With a home-value-to-income ratio of 2.8x, Covington County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.