Virginia · County property tax · ACS 2024
Covington city Property Taxes
The median homeowner in Covington city pays $681 a year, an effective rate of 0.82%, far below the U.S. average.
- $681
- Median tax / yr · Very low bill
- 0.82%
- Effective rate · Above-median rate
- -66%
- vs U.S. average
- #24 of 133
- rank in VA
The verdict
Homeowners in Covington city pay a median $681 a year in property tax, an effective rate of 0.82%, more affordable than 49% of U.S. counties (Census ACS 2024).
- $681
- Median annual tax bill, 2024
- 0.82%
- Effective rate on median home
- #1614 of 3135
- U.S. counties by tax burden
- -66%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($83,500). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Virginia. Population: 5,680. Owner-occupied homes: 1,806.
The median annual property tax in Covington city is $681, which is 76% lower than the Virginia state average and 66% below the national average. The effective tax rate is 0.82% on a median home value of $83,500. Property taxes represent 1.6% of the median household income in this county.
Why Covington city's ACS bill runs light vs the U.S.
Primary signal
The bill sits well below the national median
Homeowners in Covington city pay a median annual property tax of $681, far below the national median and far below the Virginia state median. On a $83,500 median home, that works out to an effective rate of 0.82% once the local assessment base and millage are combined.
Decision signal 2
Low among Virginia counties by effective rate
Covington city ranks #24 of 133 counties in Virginia by effective rate (82% of in-state counties pay a lower rate).
Decision signal 3
Income carries a light tax share
Property taxes in Covington city run a bit below the commonly cited 2%-4% national benchmark, at about 1.6% of the $41,944 median household income.
Decision signal 4
The latest release moved the bill up
Since 2023, the published ACS median estimate has climbed 8.3%, from $629 to $681. This compares two release estimates; it does not identify a local policy, assessment, exemption, or household-bill cause.
Decision signal 5
The effective rate sits near the national middle
Covington city's 0.82% effective rate sits near the middle of 3,135 tracked counties (more affordable than 49%).
Informational notice
Figures describe the median homeowner household in Covington city as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
How to read this county's bill
The bill here climbed steeply over 2020-2024, up 28% from $534 to $681. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.
The largest reported group here falls at the bottom of the national range: 1,012 of 1,806 owner-occupied homes (56.0%) report annual real-estate taxes under $800. This distribution describes reported owner-occupied homes, not an affordability judgment for any property.
This county earns in the bottom quarter of the country and taxes above the median rate, so the median bill absorbs 1.6% of median household income. The rate alone understates that; it is the pairing that matters.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Covington city Homeowners Actually Pay
The single largest group of Covington city homeowners, 1,012 of 1,806 owner-occupied homes (56.0%), pays less than $800 a year. The median is one point in this spread, not a typical bill.
- Less than $800 56.0% (1,012)
- $800 to $1,499 21.3% (384)
- $1,500 to $1,999 6.7% (121)
- $2,000 to $2,999 5.8% (104)
- $3,000 or more 4.6% (83)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
102 homes here (5.6%) report no real estate tax at all. Exemptions are set by state: how Virginia handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Covington city pay a substantially higher bill, 47% more, pointing to a wide home-value gap between the two groups.
Covington city's bill vs state & U.S. medians
Median annual bill bars around Covington city's LIGHT ACS 2024 figure.
Covington city's median bill is 76% below the Virginia median and 66% below the U.S. median.
What changed since 2020
The median bill in Covington city moved from $534 in the 2020 release to $681 in 2024, a change of about 28%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.
Covington city vs Benchmarks
| Metric | Covington city | Virginia Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Very low bill | |||
| Effective Tax Rate Above-median rate | |||
| Median Home Value | |||
| Tax as % of income Light income burden | 1.6% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Covington city is UNDER · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Virginia counties.
Covington city bill trail · LIGHT
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $681 +8.3% | 0.82% |
| 2023 | $629 -2.2% | 0.78% |
| 2022 | $643 +9.7% | 0.80% |
| 2021 | $586 +9.7% | 0.84% |
| 2020 | $534 | 0.76% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Covington city: tax takes only 1.6% of income
Counties near Covington city's median bill
On effective rate, Covington city sits nearest Sabine County (TX), Newton County (TX), Deuel County (SD).
On published median-tax change, the nearest matches are Mercer County (KY), Boone County (IA), Toole County (MT).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Covington city: only 1% of returns show Schedule A real-estate tax
Tax year 2022: 30 of 2,720 returns from Covington city reported real estate taxes, averaging $1,700 - 100% of those reporters sat in the $75-100k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Virginia
Covington city bill FAQs
- How does Covington city property tax compare to the national average?
- Property taxes in Covington city run far below the national median of $1,993, an effective rate of 0.82% versus 0.92% nationally.
- What percentage of income goes to property taxes in Covington city?
- Property taxes in Covington city run a bit below the commonly cited 2%-4% national benchmark, at about 1.6% of the $41,944 median household income.
- Are property taxes increasing in Covington city?
- The ACS median property-tax bill for Covington city is recorded at $681 in the 2024 5-year release against $534 in 2020. That is a large swing, and it should be read as movement in a survey estimate rather than as a tax change: the median here rests on about 1,806 owner-occupied homes, and swings above 50% are roughly twelve times more common in the smallest counties than in the largest. Treat the two figures as imprecise and check the county assessor for actual rate changes.
- What is the average property tax in Covington city, Virginia?
- The median annual property tax in Covington city is $681, an effective rate of 0.82% on a $83,500 median home (Census ACS, 2024).
- What is the tax affordability score for Covington city?
- Covington city, Virginia scores B (70/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is bill size at A+ ($681/yr). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
What to do with Covington city's LIGHT bill
Covington city's $681 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Income burden is light here: about 1.6% of Covington city's $41,944 median household income goes to the property-tax bill.
Nationwide peers by median bill (then rate)
Bill-first peers for Covington city's LIGHT median, then a disjoint out-of-state rate set, not the same-state geography lattice.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.82%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $681/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Covington city
Nearest ABS(median_tax) ACS peers for Covington city (UNDER · LIGHT), replacing the old fixed Keep exploring strip.
UNDER LIGHT
Cottle County, TX
ABS(median_tax) peer · $680/yr (near-tied bill ABS $1); rate 1.15% vs Covington city 0.82%.
Marshall County, WV
ABS(median_tax) peer · $680/yr (near-tied bill ABS $1); rate 0.45% vs Covington city 0.82%.
Colbert County, AL
ABS(median_tax) peer · $678/yr (near-tied bill ABS $3); rate 0.40% vs Covington city 0.82%.
Carter County, MO
ABS(median_tax) peer · $677/yr (near-tied bill ABS $4); rate 0.42% vs Covington city 0.82%.
Virginia county set
State ACS overview for every published Virginia county rate and median bill.
Assessment cycle basics
Covington city stamps UNDER · LIGHT - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Covington city (UNDER · LIGHT) - ACS medians, not a parcel bill.