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Places/AL/Covington
County profile

Covington

United States · GDP 2024
#1426 of 3,127 US counties by GDP54th-percentile growthmore diversified than 64% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$1.7B
GDP growth
+4.7%
Jobs tracked
9,841
Employers
864
Avg. wage
$45.2k
Population
37,947
Labor & formation
Unemployment
3.3%
Median HH income
$52.5k±$3.8k
Business applications
405 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing26%
Retail trade23%
Health care23%
Food & accommodation14%
Other services7%
Admin & support7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
37,947
residents · 2025 · +1.2% since 2020
Income per capita $47.1k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,405
International migration+62
Natural change−1,043

GDP trend

2019–2024 · nominal
$1.3B
2019
$1.3B
2020
$1.4B
2021
$1.5B
2022
$1.6B
2023
$1.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$152.1k±$9.0k
Median gross rent
$746/mo±$29/mo
Vacancy rate
21.8%±2.2%
Affordability
3.4× wages
Residential permits
13 (0.3/1k pop)
FEMA risk score
82.4
HUD Fair Market Rent (2BR):$776/mo · 2026
TOP PERILS · FEMA NRI
Lightning 96Hurricane 96Tornado 84
FHFA HOUSE PRICE INDEX · 2016–2025
141
2016
144
2017
144
2018
147
2019
153
2020
167
2021
195
2022
204
2023
226
2024
234
2025

Transport access

BTS · FAA · USACE
Nearest interstate
52.5 km
I-65
Nearest freight rail
5.4 km
GAR
Nearest port
81.3 km
VULCAN MATERIALS COMPANY
Nearest commercial airport
85.3 km
EGLIN AFB/DESTIN-FT WALTON BEACH
Wage trend
BLS QCEW · 2019–2023
$45.2k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDP
Coshocton$1.7BAlcorn$1.7BHughes$1.7BLevy$1.7BIowa$1.7BLewis$1.7B
The read

Covington's economy produced $1.7B in 2024, growing 4.7% year over year — about the middle of the pack among US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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