County profile
Covington city, Virginia
United States · US territory
EA Place Score
——methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
3,344
Census CBP · 2023
Employers
197
Census CBP · 2023
Avg. wage
$56.3k
BLS QCEW · 2023
Population
5,680
Census PEP · 2025
Labor, income & education
Unemployment
4.8%
Median HH income
$41.9k±$11.2k
Bachelor's degree+
9.5%±3.4%
Poverty rate
25.7%±6.2%
Business applications
53 · 2025
Retail establishments
35
61.5/10k 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
Manufacturing50%
Retail trade19%
Construction11%
Transportation8%
Food & accommodation8%
Other services4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
5,680
residents · 2025 · -1.2% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+8
International migration+13
Natural change−86
Real estate & risk
FHFA · ACS · FEMA
Median home value
$83.5k±$5.8k
Median gross rent
$794/mo±$219/mo
Vacancy rate
15.1%±3.9%
Affordability
1.5× wages
Residential permits
$375.0k
5 units · 0.9/1k pop
FEMA risk score
9.7
HUD Fair Market Rent (2BR):$914/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 79Hurricane 44Lightning 38
FHFA HOUSE PRICE INDEX · 2015–2025
1132015
1172016
1252017
1232018
1302019
1352020
1492021
1582022
2042023
2032025
RESIDENTIAL PERMITS · 2021–2025
↑ 67% since 202132021
02022
02023
12024
52025
Transport access
BTS · FAA · USACE
Nearest interstate
1.1 km
I-64
Nearest freight rail
0.0 km
CSXT
Nearest port
120.0 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
37.1 km
GREENBRIER VALLEY
Wage trend
BLS QCEW · 2019–2023$56.3k
avg. annual pay · +7% since 2019
Nearby & same-state counties
by GDP rankThe read
What is Covington city’s economy like?
Covington city is home to 5,680 residents and 3,344 jobs across 197 employers, led by manufacturing. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.
GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.