Moving to Kokomo
What you need to know before relocating to Kokomo, Indiana. Data-driven insights on housing, jobs, safety, and quality of life.
Is Kokomo a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Kokomo compares favorably on multiple dimensions. Highlights include rent ($949/mo) is below the national average; home prices ($169,300) are well below the us median; high school graduation rate of 91%.
Kokomo at a Glance
Cost of Living in Kokomo
The median rent in Kokomo is $949/month, while the median home value is $169,300. With a median household income of $61,267, residents spend roughly 19% of monthly income on rent.
Overall, the Kokomo metro area is classified as very affordable compared to other US metros.
Job Market
Kokomo has a median household income of $61,267, which is 18% below the national median. The local unemployment rate is 5.0%, compared to the national average of 3.7%.
Safety in Kokomo
The violent crime rate in Kokomo is 332 per 100,000 residents, which is 13% below the national average of 380.
Property crime rate: 1543 per 100,000 residents.
Education in Indiana
Indiana has a high school graduation rate of 91% and per-pupil spending of $14,162/year. The student-to-teacher ratio is 16:1.
33% of Indiana adults hold a bachelor's degree or higher.
Healthcare Access
Indiana has 248 physicians per 100,000 residents, a 8.1% uninsured rate, and 2.9 hospital beds per 1,000 people. Life expectancy in Indiana is 75.8 years.
Pros and Cons of Living in Kokomo
+Pros
- ✓Rent ($949/mo) is below the national average
- ✓Home prices ($169,300) are well below the US median
- ✓High school graduation rate of 91%
-Cons
- ✗Median household income ($61,267) trails the national median
- ✗Unemployment rate (5.0%) is above the national average
- ✗Longer-than-average commute (34161 min)
Frequently Asked Questions
Is Kokomo a good place to live?⌄
Kokomo, Indiana has several attributes that make it an attractive place to live, including rent ($949/mo) is below the national average and home prices ($169,300) are well below the us median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Kokomo?⌄
The median rent in Kokomo is $949/month and the median home value is $169,300. The median household income is $61,267. Overall the metro is considered very affordable.
Is Kokomo safe?⌄
Kokomo has a violent crime rate of 332 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Kokomo?⌄
Kokomo has an unemployment rate of 5.0%, compared to the national average of 3.7%. The median household income is $61,267.