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Covington vs Lafayette: Housing

CovingtonLafayette
Median Home Value$295,100$257,000
Median Gross Rent$1,396/mo$1,100/mo
Homeownership Rate69.7%53.1%
Rent as Share of Income22.1%21.3%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.