Job Salary Guide · 2026
Physician Salary After Tax in Covington
Based on BLS OEWS data · KY · Single filer
Physician Salary Range
25th Percentile
$190,000
Take-home:
$133,880
$11,157/mo
Entry to mid-level
Median
$235,000
Take-home:
$163,496
$13,625/mo
Typical salary
75th Percentile
$310,000
Take-home:
$208,400
$17,367/mo
Senior / specialist
Tax Breakdown
At median salary of $235,000
Cost of Living in Covington
1BR Monthly Rent
$1,000/mo
2BR Monthly Rent
$1,250/mo
COL Index
0.88
Comfortable Rent Max
$3,406/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $13,625 ($163,500/yr)
$6,813
per month
- ›Rent / mortgage
- ›Groceries
- ›Utilities
- ›Insurance
- ›Minimum debt payments
- ›Transportation
$4,088
per month
- ›Dining out
- ›Streaming services
- ›Gym
- ›Hobbies
- ›Travel
- ›Shopping
$2,725
per month
- ›Emergency fund
- ›401(k) / IRA
- ›Investments
- ›Down payment fund
- ›Debt payoff (extra)
Needs / year
$81,750
Wants / year
$49,050
Savings / year
$32,700
Physician Salary in Other Cities
Frequently Asked Questions
What is the average Physician salary in Covington?
The median Physician salary in Covington (KY) is $235,000 per year based on BLS OEWS data. The 25th percentile is $190,000 and the 75th percentile is $310,000.
What is the take-home pay for a Physician in Covington?
At the median salary of $235,000, a Physician in KY takes home approximately $163,496 per year ($13,625/month) after federal and state taxes. The effective tax rate is 30.43%.
Can a Physician afford rent in Covington?
The average 1-bedroom rent in Covington is $1,000/month. On the median Physician salary, your rent-to-income ratio is 7.3%, which is "Comfortable". Financial experts recommend keeping rent below 25–30% of take-home pay ($3,406/month at this salary).
How does cost of living affect Physician salaries in Covington?
Covington has a cost-of-living index of 0.88 (1.00 = national average). Covington is 12% cheaper than the US average, so the Physician salary goes further here than in high-cost metros.