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Covington Mortgage Quotes And Real Estate


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Covington Mortgage and Real Estate Facts

Overview

In Covington there are 18,230 places to live. The city has, of course, a mix of various types of housing. Recently 49% of the livable housing units were owner-occupied.

Covington Mortgage

In Covington, 75% of housing units (exluding rentals) have a mortgage. Home equity loans and second mortgages are not rare in the city; about 21% of owners use them.

Mortgage and interest rate quotes for the Covington area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Covington Mortgage Statistics

CategoryValue
Homes With No Mortgage25%
With A Mortgage75%
First Mortgage Only54%
Second Mortgage or Home Equity Loan21%
Second Mortgage Only11%
Home Equity Loan Only11%

Covington Housing Expenses

CategoryValue
Owner Costs as % of Income18%
Median Real Estate Taxes (2000)$795

Covington Household Size

CategoryValue
Total Occupied18,230
1-Person Households36%
2-Person Households28%
3-Person Households16%
4-Person Households11%
5-Person Households5%
6-Person Households2%
7+-Person Households1%

Covington Housing Stock

CategoryValue
Median Year Built1943
Median Year Built (Owner Occupied)1939
Median Year Built (Renter Occupied)1945

Covington Home Heating

CategoryValue
Using Utility Co. Gas Heat81%
Using Bottled/Tank Gas Heat2%
Using Electric Heat15%
Using Oil Heat2%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Covington Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom10%
2 Bedrooms34%
3 Bedrooms42%
4 Bedrooms12%
5+ Bedrooms2%

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