Covington vs New Orleans: Housing
| Covington | New Orleans | |
|---|---|---|
| Median Home Value | $295,100 | $315,700 |
| Median Gross Rent | $1,396/mo | $1,251/mo |
| Homeownership Rate | 69.7% | 51.2% |
| Rent as Share of Income | 22.1% | 26.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.