Covington, IN 47932

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 890 1280 $10,430 $1,011
(10.11% of returns)
$1,933
(10.11% of returns)
$0
$25,000 to $50,000 550 1060 $28,019 $1,685
(12.73% of returns)
$7,040
(27.27% of returns)
$4,400
$50,000 to $75,000 400 920 $39,815 $2,062
(20% of returns)
$15,454
(27.5% of returns)
$4,614
$75,000 to $100,000 290 770 $47,561 $2,214
(24.14% of returns)
$20,171
(24.14% of returns)
$4,775
$100,000 to $200,000 300 820 $69,192 $4,300
(33.33% of returns)
$25,277
(30% of returns)
$5,341
Over $200,000 40 110 $203,125 $17,533
(75% of returns)
$0
(0% of returns)
$4,950
For Zip 2470 4960 $38,189

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0323 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0087 29

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.07 0.0000 0.0700 24