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Kokomo Metro Area Housing

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As of 2010-2014, median price of a house in Kokomo Area is $96,200, which is lower than the state average of $122,700 and is much lower than the national average of $175,700. The median year that a house in Kokomo Area was built is 1966, 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 Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 23,603 Owner Occupied Houses in Kokomo Area, #678

Kokomo Area	96,200 USD
Indiana	122,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Kokomo Area		-12.70%
Indiana		30.12%
U.S.		46.91%

*The Kokomo Area median house price growth rate is since 2005-2009. The Indiana and U.S population growth rate is since 2000.

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 Area	Indiana	U.S.
Total Housing Units	38,631, see rank, 100%	2,811,617	132,741,033
Occupied Housing Units	34,386, 89.01%, see rank	88.64%	87.55%
Owner Occupied	23,603, 61.10%, see rank	61.56%	56.34%
Renter Occupied	10,783, 27.91%, see rank	27.07%	31.21%
Vacant Housing Units	4,245, 10.99%, see rank	11.36%	12.45%
For Rent	776, 2.01%, see rank	2.40%	2.34%
For Sale Only	607, 1.57%, see rank	1.47%	1.20%
Rented or Sold, Not Occupied	302, 0.78%, see rank	1.24%	0.92%
For Seasonal, Recreational, or Occasional Use	125, 0.32%, see rank	1.64%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	2,435, 6.30%, see rank	4.59%	4.00%

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

Year Structure Built

Median Built Year, #691

Kokomo Area	Indiana	U.S.
1966	1972	1976

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 Area	%	Indiana	U.S.
Owner-Occupied Units	23,603	100%	1,730,954	74,787,460
With a Mortgage	15,672	66.40%, see rank	68.12%	65.58%
Without a Mortgage	7,931	33.60%, see rank	31.88%	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 Area	990 USD
Indiana	1,119 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Kokomo Area	%	Indiana	U.S.
$299 or Less	40	0.26%, see rank	0.35%	0.20%
$300 to $499	830	5.30%, see rank	3.15%	1.59%
$500 to $699	2,159	13.78%, see rank	9.90%	5.01%
$700 to $999	4,940	31.52%, see rank	26.58%	14.32%
$1,000 to $1,499	5,427	34.63%, see rank	35.46%	27.90%
$1,500 to $1,999	1,622	10.35%, see rank	14.79%	20.35%
$2,000 to $2,999	545	3.48%, see rank	7.60%	19.52%
$3,000 or More	109	0.70%, see rank	2.17%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Kokomo Area	19.10% 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 Area	%	Indiana	U.S.
10% or Less	1,581	10.09%, see rank	7.60%	5.86%
10% to 20%	6,894	43.99%, see rank	41.01%	31.95%
20% to 30%	3,497	22.31%, see rank	26.38%	27.64%
30% to 40%	1,537	9.81%, see rank	10.90%	13.74%
40% or More	2,121	13.53%, see rank	13.68%	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 Area	331 USD
Indiana	375 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Kokomo Area	%	Indiana	U.S.
$199 or Less	837	10.55%, see rank	8.65%	7.76%
$200 to $299	2,295	28.94%, see rank	22.03%	14.70%
$300 to $499	3,456	43.58%, see rank	44.41%	34.63%
$500 to $699	963	12.14%, see rank	17.12%	21.16%
$700 or More	380	4.79%, see rank	7.80%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Kokomo Area	10.00% 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 Area	%	Indiana	U.S.
10% or Less	3,969	50.04%, see rank	45.90%	40.19%
10% to 20%	2,255	28.43%, see rank	31.56%	31.47%
20% to 30%	855	10.78%, see rank	10.56%	12.24%
30% to 40%	253	3.19%, see rank	4.39%	5.64%
40% or More	550	6.93%, see rank	6.50%	9.16%

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

Units in Structure

	Kokomo Area	Indiana	U.S.
Total Housing Units	38,631, 100%	2,811,617	132,741,033
1-unit, Detached	28,887, 74.78%, see rank	72.70%	61.65%
1-unit, Attached	1,260, 3.26%, see rank	3.65%	5.82%
2 Units	870, 2.25%, see rank	2.59%	3.75%
3 or 4 Units	1,777, 4.60%, see rank	3.58%	4.43%
5 to 9 Units	1,792, 4.64%, see rank	4.55%	4.78%
10 or More Units	2,480, 6.42%, see rank	7.83%	13.08%
Mobile Home, Boat, RV, Van, etc.	1,565, 4.05%, see rank	5.11%	6.49%

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

Rooms

	Kokomo Area	Indiana	U.S.
Total Housing Units	38,631, 100%	2,811,617	132,741,033
1 Room	666, 1.72%, see rank	1.26%	1.95%
2 Rooms	797, 2.06%, see rank	1.46%	2.48%
3 Rooms	2,259, 5.85%, see rank	6.64%	9.13%
4 Rooms	4,690, 12.14%, see rank	14.31%	16.60%
5 Rooms	8,454, 21.88%, see rank	21.67%	20.41%
6 Rooms	8,149, 21.09%, see rank	20.12%	18.06%
7 Rooms	6,316, 16.35%, see rank	13.67%	12.27%
8 Rooms	3,306, 8.56%, see rank	9.17%	8.48%
9 Rooms or More	3,994, 10.34%, see rank	11.69%	10.60%
Median Rooms	5.80, see rank	5.70	5.50

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

Bedrooms

	Kokomo Area	Indiana	U.S.
Total Housing Units	38,631, 100%	2,811,617	132,741,033
No Bedroom	689, 1.78%, see rank	1.38%	2.17%
1 Bedroom	3,608, 9.34%, see rank	9.26%	11.16%
2 Bedrooms	10,101, 26.15%, see rank	26.57%	26.69%
3 Bedrooms	17,941, 46.44%, see rank	44.05%	39.70%
4 Bedrooms	5,312, 13.75%, see rank	15.33%	16.05%
5 or More Bedrooms	980, 2.54%, see rank	3.40%	4.22%

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

House Heating Fuel

	Kokomo Area	Indiana	U.S.
Total Housing Units	34,386, 100%	2,492,183	116,211,092
Utility Gas	24,656, 71.70%, see rank	61.00%	48.85%
Bottled, Tank, or LP Gas	890, 2.59%, see rank	7.17%	4.86%
Electricity	7,981, 23.21%, see rank	27.77%	36.68%
Fuel Oil, Kerosene, etc.	185, 0.54%, see rank	0.96%	5.86%
Coal or Coke	31, 0.09%, see rank	0.14%	0.12%
Wood	333, 0.97%, see rank	2.21%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	248, 0.72%, see rank	0.46%	0.47%
No Fuel Used	62, 0.18%, see rank	0.27%	1.00%

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

Gross Rent

Monthly Rental	Kokomo Area	Indiana	U.S.
Occupied Units Paying Rent	9,991, 100%	716,461	39,201,928
$199 or Less	504, 5.04%, see rank	1.90%	1.50%
$200 to $299	608, 6.09%, see rank	3.46%	3.18%
$300 to $499	1,534, 15.35%, see rank	10.51%	7.37%
$500 to $699	3,250, 32.53%, see rank	27.49%	16.01%
$700 to $999	2,969, 29.72%, see rank	37.65%	29.17%
$1,000 to $1,499	810, 8.11%, see rank	15.48%	26.88%
$1,500 to $1,999	136, 1.36%, see rank	2.39%	9.79%
$2,000 or More	180, 1.80%, see rank	1.13%	6.10%
Median	$647, see rank	$741	$920

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

Vehicle Available

	Kokomo Area	Indiana	U.S.
Occupied Housing Units	34,386, 100%	2,492,183	116,211,092
No Vehicles Available	2,732, 7.95%, see rank	6.86%	9.12%
1 Vehicles Available	12,514, 36.39%, see rank	32.87%	33.80%
2 Vehicles Available	12,577, 36.58%, see rank	38.90%	37.48%
3 or More Vehicles Available	6,563, 19.09%, see rank	21.37%	19.61%

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