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Covington city, KY

ZIP 41011 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 41011

Median Home Value
$269,400
Median Rent
$817
Affordability Snapshot
$74,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,731/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 41011 in Covington city, KY, a household would need roughly $74,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,731. That is roughly in line with the local median household income ($67,075). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
46.4%-29% vs US avg
x
Vacancy Rate
13.2%+28% vs US avg
x
Broadband Access
86.5%-1% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
7.5%-41% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
21.5%-57% vs US avg
x
Mortgage-Free
31.5%-18% vs US avg
x
$269,400
Home Value
$817
Rent
1954
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached44.4%
  • 1-unit attached5.2%
  • 2-9 units29.1%
  • 10+ units20.9%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$269,400
Median rent$817
Owner-occupied46.4%
Vacant13.2%
Price-to-income4.0x
Est. income to buy$74,000