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Kokomo, IN Housing

 
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As of 2010-2014, median price of a house in Kokomo is $83,100, which is lower than the state average of $122,700 and is much lower than the national average of $175,700. The Kokomo median house value has grown by 12.30% since 2000. The growth rate for the price of a house in Kokomo is lower than the state average rate of 30.12% and is lower than the national average rate of 46.91%. The median year that a house in Kokomo was built is 1964, which is older than the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 15,326 Owner Occupied Houses in Kokomo, IN, #361
Kokomo, IN
83,100 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #407
Kokomo, IN
12.30%
Indiana
30.12%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Kokomo, INIndianaU.S.
Total Housing Units28,311, see rank, 100%2,811,617132,741,033
Occupied Housing Units24,823, 87.68%, see rank88.64%87.55%
Owner Occupied15,326, 54.13%, see rank61.56%56.34%
Renter Occupied9,497, 33.55%, see rank27.07%31.21%
Vacant Housing Units3,488, 12.32%, see rank11.36%12.45%
For Rent710, 2.51%, see rank2.40%2.34%
For Sale Only456, 1.61%, see rank1.47%1.20%
Rented or Sold, Not Occupied263, 0.93%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use100, 0.35%, see rank1.64%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant1,959, 6.92%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #253
Kokomo, INIndianaU.S.
196419721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Kokomo, IN%IndianaU.S.
Owner-Occupied Units15,326100%1,730,95474,787,460
With a Mortgage10,14866.21%, see rank68.12%65.58%
Without a Mortgage5,17833.79%, see rank31.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Kokomo, IN
895 USD
Indiana
1,119 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsKokomo, IN%IndianaU.S.
$299 or Less330.33%, see rank0.35%0.20%
$300 to $4995835.74%, see rank3.15%1.59%
$500 to $6991,77417.48%, see rank9.90%5.01%
$700 to $9993,61735.64%, see rank26.58%14.32%
$1,000 to $1,4993,17031.24%, see rank35.46%27.90%
$1,500 to $1,9997487.37%, see rank14.79%20.35%
$2,000 to $2,9992152.12%, see rank7.60%19.52%
$3,000 or More80.08%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Kokomo, IN
19.50% of the Total Income
Indiana
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Kokomo, IN%IndianaU.S.
10% or Less9379.23%, see rank7.60%5.86%
10% to 20%4,35942.95%, see rank41.01%31.95%
20% to 30%2,29222.59%, see rank26.38%27.64%
30% to 40%1,0079.92%, see rank10.90%13.74%
40% or More1,53815.16%, see rank13.68%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Kokomo, IN
324 USD
Indiana
375 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsKokomo, IN%IndianaU.S.
$199 or Less61711.92%, see rank8.65%7.76%
$200 to $2991,51429.24%, see rank22.03%14.70%
$300 to $4992,24443.34%, see rank44.41%34.63%
$500 to $69958111.22%, see rank17.12%21.16%
$700 or More2224.29%, see rank7.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Kokomo, IN
11.00% of the Total Income
Indiana
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Kokomo, IN%IndianaU.S.
10% or Less2,36445.65%, see rank45.90%40.19%
10% to 20%1,57830.48%, see rank31.56%31.47%
20% to 30%64412.44%, see rank10.56%12.24%
30% to 40%1522.94%, see rank4.39%5.64%
40% or More4107.92%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Kokomo, INIndianaU.S.
Total Housing Units28,311, 100%2,811,617132,741,033
1-unit, Detached19,732, 69.70%, see rank72.70%61.65%
1-unit, Attached1,224, 4.32%, see rank3.65%5.82%
2 Units778, 2.75%, see rank2.59%3.75%
3 or 4 Units1,638, 5.79%, see rank3.58%4.43%
5 to 9 Units1,718, 6.07%, see rank4.55%4.78%
10 or More Units2,328, 8.22%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.893, 3.15%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Kokomo, INIndianaU.S.
Total Housing Units28,311, 100%2,811,617132,741,033
1 Room645, 2.28%, see rank1.26%1.95%
2 Rooms644, 2.27%, see rank1.46%2.48%
3 Rooms2,048, 7.23%, see rank6.64%9.13%
4 Rooms4,063, 14.35%, see rank14.31%16.60%
5 Rooms6,898, 24.37%, see rank21.67%20.41%
6 Rooms5,978, 21.12%, see rank20.12%18.06%
7 Rooms3,948, 13.95%, see rank13.67%12.27%
8 Rooms1,911, 6.75%, see rank9.17%8.48%
9 Rooms or More2,176, 7.69%, see rank11.69%10.60%
Median Rooms5.50, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Kokomo, INIndianaU.S.
Total Housing Units28,311, 100%2,811,617132,741,033
No Bedroom660, 2.33%, see rank1.38%2.17%
1 Bedroom3,185, 11.25%, see rank9.26%11.16%
2 Bedrooms8,617, 30.44%, see rank26.57%26.69%
3 Bedrooms12,147, 42.91%, see rank44.05%39.70%
4 Bedrooms3,203, 11.31%, see rank15.33%16.05%
5 or More Bedrooms499, 1.76%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Kokomo, INIndianaU.S.
Total Housing Units24,823, 100%2,492,183116,211,092
Utility Gas18,888, 76.09%, see rank61.00%48.85%
Bottled, Tank, or LP Gas193, 0.78%, see rank7.17%4.86%
Electricity5,479, 22.07%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.6, 0.02%, see rank0.96%5.86%
Coal or Coke0, 0.00%, see rank0.14%0.12%
Wood132, 0.53%, see rank2.21%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel84, 0.34%, see rank0.46%0.47%
No Fuel Used41, 0.17%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalKokomo, INIndianaU.S.
Occupied Units Paying Rent8,925, 100%716,46139,201,928
$199 or Less491, 5.50%, see rank1.90%1.50%
$200 to $299580, 6.50%, see rank3.46%3.18%
$300 to $4991,341, 15.03%, see rank10.51%7.37%
$500 to $6992,901, 32.50%, see rank27.49%16.01%
$700 to $9992,658, 29.78%, see rank37.65%29.17%
$1,000 to $1,499672, 7.53%, see rank15.48%26.88%
$1,500 to $1,999109, 1.22%, see rank2.39%9.79%
$2,000 or More173, 1.94%, see rank1.13%6.10%
Median$645, see rank$741$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Kokomo, INIndianaU.S.
Occupied Housing Units24,823, 100%2,492,183116,211,092
No Vehicles Available2,511, 10.12%, see rank6.86%9.12%
1 Vehicles Available10,630, 42.82%, see rank32.87%33.80%
2 Vehicles Available8,460, 34.08%, see rank38.90%37.48%
3 or More Vehicles Available3,222, 12.98%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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