Construction Value
$26.5M ▲ 82.4%
Units Permitted
158 ▲ 229.2%
Avg Value / Unit
$168K
2024 · Census Bureau Building Permits Survey
Construction activity in Covington jumped in 2024, up 229.2% from the prior year with 158 housing units permitted. At $168K per unit, new builds are 28% below the Kenton County average of $234K, indicating more affordable construction. Volume is 251% above the county average of 45 units, suggesting faster-than-typical growth. 67.7% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$645
per resident
County avg: $10K-94%
$2.0M
per square mile
Covington vs. Kenton County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 51 | 51 | $14.6M | 55% |
| ■ Duplex | 16 | 8 | $2.4M | 9% |
| ■ 3-4 Unit | 3 | 1 | $438K | 2% |
| ■ 5+ Unit | 88 | 2 | $9.1M | 34% |
County Ranking by Construction Volume
Among 18 permit-issuing towns in Kenton County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →