Electricity rates in Covington, Kentucky
Covington, KY ranks 1 of 11 Kentucky cities for the oldest homes (median year built 1947). Covington, Kentucky has 40,902 residents in 18,293 households; 35.2% heat with electricity.
Covington on the map
Kenton County, with Covington marked
Housing and heating in Covington
Covington, KY: 16,085 of 20,946 homes were built before 1980 and 2,198 in 2000 or later. Covington, KY has 11,570 detached houses, 4,633 homes in 5+ unit buildings and 191 mobile homes.
Age of homes in Covington, KY
% of homes by decade built, Covington, KY
- 44pre-40
- 840s
- 950s
- 760s
- 870s
- 780s
- 690s
- 500s
- 410s
- 120+
Heating fuel in Covington, KY
| Covington, KY | Value | County | Gap | Rank |
|---|---|---|---|---|
| Covington, KY, median year built | 1947 | 1974 | -27 years | 11 of 11 |
| Covington, KY, built before 1980 | 76.8% | 58.6% | +18.2 points | 1 of 11 |
| Covington, KY, built 2000 or later | 10.5% | 18.5% | -8.0 points | 11 of 11 |
| Covington, KY, detached houses | 55.2% | 67.9% | -12.7 points | 7 of 11 |
| Covington, KY, apartments in 5+ unit buildings | 22.1% | 16.3% | +5.8 points | 5 of 11 |
| Covington, KY, mobile homes | 0.9% | 2.2% | -1.3 points | 9 of 11 |
| Covington, KY, renter households | 48.5% | 30.0% | +18.6 points | 5 of 11 |
| Covington, KY, median home value | $167,900 | $227,500 | -$59,600 | 9 of 11 |
| Covington, KY, median gross rent a month | $949 | $1,018 | -$69 | 6 of 11 |
| Covington, KY, people per household | 2.19 | 2.48 | -0.29 | 10 of 11 |
Facts about Covington
- Residents of Covington, KY, ACS 2023
- 40,9025 of 11 Kentucky cities with 30,000+
- Median household income in Covington, KY
- $58,8146 of 11 of those cities
- Households in Covington, KY
- 18,2932.24 people each
- Owner-occupied homes in Covington, KY
- 51.5%9,418 owners and 8,875 renter households
- Housing units in Covington, KY
- 20,9462,653 vacant or seasonal
- Homes heated by electricity in Covington, KY
- 35.2%6,441 of 18,293 homes
- Land area of Covington, KY
- 13.2 sq mi3,106.9 people per sq mi
- Bill as share of income in Covington, KY
- 2.7% to 2.9%at 1,047 kWh a month over the $58,814 median household income
- Wind and tornado reports within 15 miles of Covington, KY
- 340NWS point reports 2015 to 2025, 831.3 per 100,000 residents
- Median year homes were built in Covington, KY
- 194716,085 of 20,946 homes (76.8%) before 1980
- Median home value and rent in Covington, KY
- $167,900$949 gross rent a month, 6.78% of value a year
Bill and heat pump calculator, Covington
Compare Covington with nearby cities
| City near Covington, KY | Distance from Covington | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| Covington, KY (this page) | 0 mi | 40,902 | $58,814 | 1947 | $167,900 | 340 | 12.8% |
| Florence, KY | 7.5 mi southwest | 32,334 (-8,568) | $68,508 (+$9,694) | 1985 (+38 yr) | $196,200 (+$28,300) | 294 (-46) | 8.9% (-3.9 pts) |
| Georgetown, KY | 53.5 mi south | 38,206 (-2,696) | $78,373 (+$19,559) | 2000 (+53 yr) | $244,200 (+$76,300) | 145 (-195) | 9.4% (-3.5 pts) |
| Lexington-Fayette, KY | 68.8 mi south | 321,122 (+280,220) | $67,631 (+$8,817) | 1983 (+36 yr) | $272,100 (+$104,200) | 224 (-116) | 10.9% (-1.9 pts) |
| Nicholasville, KY | 79.2 mi south | 31,625 (-9,277) | $67,514 (+$8,700) | 1991 (+44 yr) | $210,700 (+$42,800) | 201 (-139) | 8.3% (-4.5 pts) |
| Louisville/Jefferson County metro government, KY | 85.6 mi southwest | 627,210 (+586,308) | $64,731 (+$5,917) | 1970 (+23 yr) | $221,500 (+$53,600) | 430 (+90) | 11.6% (-1.2 pts) |
Who supplies Covington
Kenton County lists 2 utilities for Covington, KY (40,902 residents): homes pay 12.55 to 13.44 cents per kWh, about $131 to $141 a month at 1,047 kWh, 2.7% to 2.9% of the $58,814 Covington median income. Kenton County page.
Who lives in Covington: income, cars, homes
In Covington, KY, 2,982 households own no vehicle and 7,952 own two or more; home EV charging depends on that. Covington, KY homes: 8,147 have 3+ bedrooms, 5,757 none or one, median 5.0 rooms. Of 20,797 workers in Covington, KY, 2,666 work from home, 14,755 drive alone, 751 ride transit and 690 walk. 8,758 residents of Covington, KY live below the poverty line, and the median age is 37.6. In Covington, KY, 4,084 of 8,244 renter households pay 30% or more of income in rent; 7,635 households moved in since 2018 and 3,415 before 2000, so electric accounts turn over quickly. In Covington, KY, 5,912 of 18,293 households earn under $35,000, 5,203 $35,000-$75,000, 5,361 $75,000-$150,000 and 1,817 $150,000 or more.
Household income in Covington, KY
| Covington, KY | Value | Rank in Kentucky |
|---|---|---|
| Covington, KY, households under $35,000 | 32.3% | 5 of 11 |
| Covington, KY, households $150,000 or more | 9.9% | 8 of 11 |
| Covington, KY, residents below poverty | 21.8% | 2 of 11 |
| Covington, KY, median age | 37.6 | 6 of 11 |
| Covington, KY, homes with 3+ bedrooms | 38.9% | 11 of 11 |
| Covington, KY, households without a vehicle | 16.3% | 1 of 11 |
| Covington, KY, households with 2+ vehicles | 43.5% | 11 of 11 |
| Covington, KY, workers at home | 12.8% | 1 of 11 |
| Covington, KY, cost-burdened renters | 49.5% | 2 of 11 |
| Covington, KY, moved in since 2018 | 41.7% | 7 of 11 |
| Covington, KY, moved in before 2000 | 18.7% | 1 of 11 |
Outage risk around Covington
Covington, KY, NWS reports within 15 miles of the centre, 2015 to 2025: 334 wind and 6 tornado, 831.3 per 100,000 residents of 40,902. Top gust near Covington, KY: 87 knots, 100 mph. Damage near Covington, KY: $3.2M.
Reports within 15 miles of Covington, KY
wind and tornado reports, Covington, KY
- 44'15
- 51'16
- 19'17
- 32'18
- 32'19
- 43'20
- 14'21
- 29'22
- 13'23
- 18'24
- 45'25
| Covington, KY | Wind | Tornado | Total |
|---|---|---|---|
| Covington, KY, 2015 | 44 | 0 | 44 |
| Covington, KY, 2016 | 50 | 1 | 51 |
| Covington, KY, 2017 | 17 | 2 | 19 |
| Covington, KY, 2018 | 32 | 0 | 32 |
| Covington, KY, 2019 | 32 | 0 | 32 |
| Covington, KY, 2020 | 41 | 2 | 43 |
| Covington, KY, 2021 | 14 | 0 | 14 |
| Covington, KY, 2022 | 29 | 0 | 29 |
| Covington, KY, 2023 | 13 | 0 | 13 |
| Covington, KY, 2024 | 18 | 0 | 18 |
| Covington, KY, 2025 | 44 | 1 | 45 |
Cost of living with electricity in Covington
Covington, KY: 18,293 households at $1,387 a year per home for electricity (Kenton County average, DOE LEAD) come to about $25.4 million, an estimate; all home energy is $1,934 a year per household.
| Group in Covington, KY | Households | Power per home | Power bill of the group | Share of Covington, KY median income |
|---|---|---|---|---|
| Covington, KY, all households | 18,293 | $1,387 | $25.4 million | 2.36% |
| Covington, KY, homeowners | 9,418 | $1,601 | $15.1 million | 2.72% |
| Covington, KY, renters | 8,875 | $909 | $8.1 million | 1.55% |
Analyst note on Covington
Covington, KY counts 40,902 residents in 18,293 households, on 13.2 square miles. 6,441 of the 18,293 occupied homes in Covington, KY heat with electricity. Household income in Covington, KY is $58,814; 9,418 of its 18,293 households own.
Covington, KY has 20,946 housing units, 2,653 of them vacant or seasonal. Covington, KY ranks 1 of 11 Kentucky cities for people working from home (12.8% of workers). Covington, KY ranks 1 of 11 Kentucky cities for households without a vehicle (16.3%).
Covington, KY ranks 2 of 11 Kentucky cities with 30,000+ residents for damaging-wind and tornado reports within 15 miles (340 since 2015).
ZIP codes in Covington
| ZIP area touching Covington, KY | Share of the ZIP's land inside Covington | Share of Covington's land in the ZIP |
|---|---|---|
| 41015 (Covington, KY) | 16.1% | 31.1% |
| 41017 (Covington, KY) | 18.1% | 29.1% |
| 41011 (Covington, KY) | 54.1% | 28.8% |
| 41014 (Covington, KY) | 100.0% | 7.8% |
| 41016 (Covington, KY) | 21.6% | 2.4% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
Kentucky: home prices since 2001, planned plants.
Questions on Covington
Covington: what is the electricity rate?
Covington, KY has no price of its own; its 40,902 residents are served by one of 2 utilities, and a 1,047 kWh month costs $131 to $141.
Covington: how does it rank among Kentucky cities?
Covington, KY: rank 5 of 11 by its 40,902 residents, rank 6 of 11 by $58,814 median income.
Covington: how many homes heat with electricity?
Covington, KY: 6,441 of 18,293 occupied homes, 35.2%; Kenton County 41.2%.
Covington: how much income goes to electricity?
At 1,047 kWh a month, 2.7% to 2.9% of the $58,814 median income in Covington, KY.
Covington: damaging storms reported nearby?
340 NWS wind and tornado reports within 15 miles of the centre of Covington, KY, 2015 to 2025, 831.3 per 100,000 residents.
How old are the homes in Covington?
Covington, KY: median home built 1947; 16,085 of 20,946 homes (76.8%) predate 1980, 11,570 are detached and 4,633 sit in buildings of 5+ units.
How many Covington, KY households have no car?
2,982 households; 7,952 have two or more.
How big are the homes in Covington, KY?
8,147 of 20,946 homes have 3+ bedrooms; median 5.0 rooms.
How many people in Covington, KY work from home?
2,666 of 20,797 workers.