County profile
Covington County, AL
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
BEA · 2024
GDP growth (YoY)
+4.7%
BEA · 2024
Jobs tracked
9,841
Census CBP · 2023
Employers
864
Census CBP · 2023
Avg. wage
$45.2k
BLS QCEW · 2023
Population
37,947
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$52.5k±$3.8k
Bachelor's degree+
17.2%±1.7%
Poverty rate
19.2%±2.4%
Business applications
405 · 2025
Retail establishments
191
50.3/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
$1.3B2019
$1.3B2020
$1.4B2021
$1.5B2022
$1.6B2023
$1.7B2024
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
$2.5M
13 units · 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
1412016
1442017
1442018
1472019
1532020
1672021
1952022
2042023
2262024
2342025
RESIDENTIAL PERMITS · 2021–2025
↑ 160% since 202152021
152022
102023
142024
132025
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
Nearby & same-state counties
by GDP rankThe read
What is the GDP of Covington?
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.