Economy & Jobs — Covington, Tennessee

Income & Employment

Median Household Income (Census)$42,254
Estimated 2026~$49,600
Per Capita Income$23,808
Poverty Rate29.2%
Unemployment Rate8.8%
In Labor Force3,611

Top Industries

IndustryShare
Education Healthcare30.2%
Manufacturing14.2%
Retail11.7%

Local Businesses (County)

TypeCount
Full Service Restaurants30
Fast Food27
Gas Stations23
Physician Offices19
Commercial Banks18
General Merchandise14
Law Offices12
Coffee Shops12
Dental Offices11
Insurance Agencies9
Auto Repair8
Child Day Care8
Hotels Motels7
Grocery Stores6
Liquor Stores5
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.