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Housing Affordability in Covington, GA
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 42.9%
- Georgia 31.3%
- Renters paying 30%+
- 61.4%
- Georgia 52.4%
- Homeowners paying 30%+
- 25.4%
- Georgia 21.0%
- Owner costs with a mortgage
- $1,887/mo
- Georgia $1,783/mo
Housing costs compared with income
- Renters paying 30% or more1,57561.4%
- Homeowners paying 30% or more68525.4%
- Renters paying 50% or more1,06441.4%
- Median rent as a share of income: 41.9%
- Median owner costs as a share of income, with a mortgage: 21.7%
- Median owner costs without a mortgage: $518/mo
- Median home value divided by median household income: 5.1
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Covington, GA | 42.9% | 61.4% | 25.4% | 41.9% |
| Newton County | 32.0% | 55.6% | 24.3% | 34.3% |
| Georgia | 31.3% | 52.4% | 21.0% | 31.3% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Covington, GA?
- In Covington, GA, 42.9% of households spend 30% or more of their income on housing costs.
- How does Covington compare with Georgia?
- The households paying 30%+ for housing in Covington is 42.9%, compared with 31.3% for Georgia as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates