Covington city, VA
Migration of people and income, 2022–2023 filing years
Between the 2022 and 2023 filing years, Covington city, VA saw a net loss of 22 tax-filing households and a net loss of 37 individuals. On net, the area lost $1.7M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Alleghany County; the largest outflow went to Alleghany County. These figures cover federal income tax filers only and do not indicate why people moved.
Income (AGI) in and out
Where movers came from
- 1Alleghany County, VA101$3.7M
Where movers went
- 1Alleghany County, VA118$5.1M
Net migration by year
| Year | Net AGI | Net people |
|---|---|---|
| 2012 | -$1.7M | -42 |
| 2013 | -$1.3M | -31 |
| 2014 | +$37.0K | +26 |
| 2015 | -$2.4M | -116 |
| 2016 | -$2.1M | -27 |
| 2017 | -$3.4M | -72 |
| 2018 | -$1.2M | -27 |
| 2019 | -$1.7M | -44 |
| 2020 | +$14.0K | +30 |
| 2021 | -$1.8M | -49 |
| 2022 | -$930.0K | -40 |
| 2023 | -$1.7M | -37 |
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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.