Kokomo, Indiana

Population

Steady. Within 1% of 2020, every year since.

59,999

people, the 15th-largest of Indiana's cities and towns.

Census Population Estimates, 2025. Rank among Indiana's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

6 in 10 jobs here go to people who live somewhere else.

64.6%

of 32,415 jobs located in Kokomo are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Unemployment, 2026

The low came in August: 4.9%.

4.9%

in August 2026, the latest month released. A year earlier it was 6.9%.

BLS Local Area Unemployment Statistics, monthly, through August 2026. Not seasonally adjusted, so compare with the same month a year earlier. Sources: BLS Local Area Unemployment Statistics

Rent

Median rent is up 52% since the 2005–2009 survey, before inflation.

$939

a month. Indiana's median is $1,062.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent jumps $432.

A $432 gap between neighbors, the sharpest rent edge between adjacent tracts in Howard County.

• $760 Tract 105
• $1,192 Tract 106

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

Local wages can carry more rent than the median charged today.

$1,052–$1,578

is the monthly rent range local workforce wages support.

• $939 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 1,650 homes permitted in ten years, 2016–2025
• 34% of those were in multifamily buildings
• 86% of all homes were built before 2000

Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.3–1.1% to the 29,814 homes here.

92–324

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 37% less than Indiana's.

$137,400

median home value in Kokomo.

• $137,400 Kokomo
• $218,200 Indiana
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year