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Economy, jobs and prices in Kokomo, Indiana: official figures

The median household income in Kokomo was $55,360 a year in the 2020-2024 American Community Survey (in 2024 dollars), 78th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Indiana median $71,957.

Median household income
$55,360
2020-2024
Unemployment rate (ACS)
6.2%
2020-2024
Mean travel time to work
19.1 min
2020-2024
Median gross rent (monthly)
$939
2020-2024
Median home value (owner-occupied)
$137,400
2020-2024
Homes occupied by their owners
63.0%
2020-2024
Households with a broadband subscription
87.8%
2020-2024

What is the per capita income in Kokomo?

Income per resident (per capita income) in Kokomo averaged $32,594 a year in 2020-2024, 169th lowest of 823 US cities of 50,000 or more (US: $44,673; Indiana: $38,351).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Kokomo?

Kokomo's Gini index of household income inequality was 0.445 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 407th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Kokomo, Indiana?

6.2% of the civilian labor force in Kokomo was unemployed on average over 2020-2024 (1,656 people), 242nd highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Indiana's 4.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Kokomo are working?

57.7% of Kokomo's 46,849 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 49th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Kokomo have jobs?

25,171 residents of Kokomo held civilian jobs, 53.7% of those aged 16 and over (US: 59.7%), and 196 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Kokomo?

The largest industry group for working residents of Kokomo was manufacturing (24.4% of employed residents), followed by education, health care and social assistance (22.6%) and retail trade (12.7%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Kokomo work in manufacturing?

Manufacturing employed 24.4% of working residents of Kokomo, 6th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 5.9% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Kokomo, Indiana?

Commuters in Kokomo took 19.1 minutes on average to get to work in 2020-2024, 116th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 6.2% travelled an hour or more and 53.2% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Kokomo get to work?

5.5% of workers living in Kokomo worked from home in 2020-2024, 26th lowest of 823 US cities of 50,000 or more (US: 15.1%). 80.1% drove to work alone, 11.5% carpooled, 0.4% used public transport and 1.4% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Kokomo, Indiana?

The median gross rent (rent plus utilities) in Kokomo was $939 a month in 2020-2024, 27th lowest of 823 US cities of 50,000 or more (US: $1,413; Indiana: $1,062).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Kokomo?

Owner-occupied homes in Kokomo had a median value of $137,400 in 2020-2024 as estimated by their owners, 26th lowest of 823 US cities of 50,000 or more (US: $332,700; Indiana: $218,200).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Kokomo?

The median home value in Kokomo was 2.5 times the median household income, 18th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Kokomo, Indiana own their home?

63.0% of the 26,241 occupied homes in Kokomo were lived in by their owners in 2020-2024 and 9,699 were rented, 295th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Indiana: 70.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Kokomo have broadband?

87.8% of households in Kokomo had a broadband internet subscription of some type in 2020-2024, 103rd lowest of 823 US cities of 50,000 or more (US: 91.0%; Indiana: 89.9%).

Source: U.S. Census Bureau · saved copy

How many households in Kokomo have no internet?

9.2% of households in Kokomo (2,408) had no internet access at home in 2020-2024, 82nd highest of 823 US cities of 50,000 or more (US: 6.5%); 12.1% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Kokomo compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Kokomo ranks 746 of 823, highest first.

RankCityMedian household income (2024 dollars)
743Las Cruces$55,422
744Roanoke$55,378
745Passaic$55,371
746Kokomo$55,360
747Hamilton$55,166
748Elyria$54,945
749Fort Smith$54,816
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Kokomo ranks 655 of 823, highest first.

RankCityPer capita income (2024 dollars)
652Cleveland$32,659
653Beaumont$32,642
654Fall River$32,610
655Kokomo$32,594
656Ocala$32,567
657Clarksville$32,565
658St. Joseph$32,547
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Kokomo ranks 417 of 823, highest first.

RankCityGini index of household income inequality
414Yorba Linda0.446
415Inglewood0.445
416Redondo Beach0.445
417Kokomo0.445
418Eden Prairie0.445
419Plano0.445
420Naperville0.445
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Kokomo ranks 242 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
239San Antonio6.2%
240Highland6.2%
241La Mesa6.2%
242Kokomo6.2%
243Brownsville6.2%
244Tucson6.2%
245Milwaukee6.2%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Kokomo ranks 775 of 823, highest first.

RankCityLabor force participation rate (16 and over)
772Anderson57.8%
773Dearborn Heights57.8%
774Gainesville57.7%
775Kokomo57.7%
776Casa Grande57.7%
777Hesperia57.6%
778Harlingen57.6%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Kokomo ranks 708 of 823, highest first.

RankCityMean travel time to work (minutes)
705Ocala19.2
706Green Bay19.2
707Fayetteville19.1
708Kokomo19.1
709Canton19.1
710Kingsport19.1
711Tallahassee19.1
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Kokomo ranks 798 of 823, highest first.

RankCityWorkers who worked from home
795Terre Haute5.7%
796Evansville5.7%
797Cicero5.5%
798Kokomo5.5%
799Camden5.5%
800Vineland5.4%
801New Bedford5.4%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Kokomo ranks 648 of 823, highest first.

RankCityWorkers commuting by public transportation
645Visalia0.4%
646Simi Valley0.4%
647San Jacinto0.4%
648Kokomo0.4%
649Hanford0.4%
650Taylor0.4%
651Pembroke Pines0.4%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Kokomo ranks 6 of 823, highest first.

RankCityEmployed residents working in manufacturing
3Novi27.5%
4Rochester Hills25.2%
5Lafayette24.9%
6Kokomo24.4%
7Hillsboro23.7%
8Milpitas23.5%
9Wyoming22.3%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Kokomo ranks 451 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
448Chino22.6%
449Novato22.6%
450Palm Coast22.6%
451Kokomo22.6%
452Layton22.6%
453Greer22.6%
454Texas City22.5%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Kokomo ranks 797 of 823, highest first.

RankCityMedian gross rent per month
794Stillwater$947
795Fargo$946
796Cleveland$945
797Kokomo$939
798Oshkosh$935
799Green Bay$932
800Albany$931
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Kokomo ranks 798 of 823, highest first.

RankCityMedian value of owner-occupied homes
795Elkhart$139,500
796Lorain$139,200
797Syracuse$138,400
798Kokomo$137,400
799Rockford$129,000
800Lansing$128,700
801Albany$124,300
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Kokomo ranks 803 of 820, highest first.

RankCityMedian home value as a multiple of median household income
800Taylor2.5x
801Erie2.5x
802Enid2.5x
803Kokomo2.5x
804Springfield2.5x
805Parma2.5x
806Springfield2.5x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Kokomo ranks 295 of 823, highest first.

RankCityOccupied homes lived in by their owners
292Boise City63.2%
293Council Bluffs63.1%
294Kenner63.1%
295Kokomo63.0%
296Rapid City62.9%
297Schaumburg62.9%
298Decatur62.9%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Kokomo ranks 721 of 823, highest first.

RankCityHouseholds with a broadband subscription
718Bloomington87.9%
719Bridgeport87.9%
720Tamarac87.9%
721Kokomo87.8%
722Johnson City87.8%
723Cicero87.8%
724San Angelo87.8%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Kokomo ranks 82 of 823, highest first.

RankCityHouseholds with no internet access
79Waterloo9.3%
80Birmingham9.2%
81Hamilton9.2%
82Kokomo9.2%
83Edinburg9.2%
84Bridgeport9.1%
85Burlington9.1%
Source: U.S. Census Bureau · saved copy

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Sources

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