Explore Covington
Frequently Asked Questions
Is Covington a good place to live?
Covington is a good place to live. Covington is considered car-dependent and somewhat bikeable. Covington has 2 parks for recreational activities.It has a median age of 46. The average household income is $152,977 which is above the national average. College graduates make up 61.6% of residents. A majority of residents in Covington are home owners, with 5% of residents renting and 95% of residents owning their home. A local real estate agent serving Covington can help you decide if this neighborhood is the right one for you. Learn more on our Covington neighborhood guide.
How much do you need to make to afford a house in Covington?
The median home price in Covington is $484,949. If you put a 20% down payment of $97,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $2,570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $110K a year to afford the median home price in Covington. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Covington is $153K.
What are the best public schools in Covington?
The best public schools that serve Covington are:
- Scenic Heights Elementary School has an A+ Niche grade, a student teacher ratio of 15:1 and an average review score of 4.9.
- Minnetonka Senior High School has an A+ Niche grade, a student teacher ratio of 19:1 and an average review score of 4.2.
- Minnetonka East Middle School has an A+ Niche grade, a student teacher ratio of 17:1 and an average review score of 4.1.
What are the best private schools in Covington?
The best private schools that serve Covington are:
- Notre Dame Academy has a student teacher ratio of 11:1.
What are the most popular zip codes in Covington, Minnetonka, MN?
What are the most popular neighborhoods near Covington, Minnetonka, MN?
The most popular neighborhoods near Covington, Minnetonka, MN are Woodland-Highland, Spring Hill Park, Glen Lake, Tonkawood and Sparrow.
Are home prices dropping in Covington?
Yes, home prices in Covington are down 2% in the last 12 months.
