Covington, Kentucky — Tax Burden
What is the tax burden in Covington, Kentucky?
Covington, Kentucky has a total tax burden of 9.31%, ranking #4187 nationally. Property tax rate: 1.17%, state income tax: 4.000%, sales tax: 6.00%. Median household income is $53,770.
Source: US Census ACS, 2022
Ranked #4187 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.31%
Rank: 4187th nationally
Property Tax Rate
1.17%
Rank: 2731st nationally
Income Tax Rate
4.000%
Kentucky state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (36%)Income (43%)Sales (21%)
Median Income: $53,770
Median Home Value: $153,600
Median Property Tax: $1,791/yr
Population: 40,923