Covington, KY 41016

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 960 1430 $12,364 $1,460
(5.21% of returns)
$1,825
(4.17% of returns)
$0
$25,000 to $50,000 800 1330 $33,755 $1,533
(7.5% of returns)
$5,975
(10% of returns)
$3,669
$50,000 to $75,000 400 740 $44,266 $2,157
(17.5% of returns)
$13,900
(20% of returns)
$3,778
$75,000 to $100,000 220 450 $57,300 $4,720
(22.73% of returns)
$18,350
(18.18% of returns)
$4,590
$100,000 to $200,000 220 510 $77,807 $3,450
(36.36% of returns)
$22,516
(27.27% of returns)
$4,926
Over $200,000 50 60 $289,900 $5,033
(60% of returns)
$0
(0% of returns)
$5,350
For Zip 2650 4520 $41,281

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Income Tax Rates

Rate Minimum Income Maximum Income
0.02 0 3000
0.03 3000 4000
0.04 4000 5000
0.05 5000 8000
0.058 8000 75000
0.06 75000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0082 32

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06 0.0000 0.0600 38