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Kokomo Metro Area Housing

 

As of 2006-2010, median price of a house in Kokomo Area is $105,000, which is lower than the state average of $123,300 and is much lower than the national average of $179,900. The median year that a house in Kokomo Area was built is 1985, which is newer than the median year for a house built in the state which is 1971 and is newer than the median year for a house built in the USA which is 1975.

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 872 Owner Occupied Houses in Kokomo Area, #353
Kokomo Area
105,000 USD
Indiana
123,000 USD
U.S.
188,400 USD
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data.

Housing Occupancy

 Kokomo Area%IndianaU.S.
Total Housing Units45,677, see rank100%2,795,541131,704,730
Occupied Housing Units40,67789.05%, see rank89.51%88.62%
Owner Occupied29,24264.02%, see rank62.53%57.69%
Renter Occupied11,43525.03%, see rank26.98%30.93%
Vacant Housing Units5,00010.95%, see rank10.49%11.38%
For Rent1,6183.54%, see rank3.33%3.14%
For Sale Only9352.05%, see rank1.66%1.44%
Rented or Sold, Not Occupied1960.43%, see rank0.53%0.48%
For Seasonal, Recreational, or Occasional Use3000.66%, see rank1.63%3.53%
For Migrant Workers00.00%, see rank0.01%0.02%
Other Vacant1,9514.27%, see rank3.34%2.77%

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

Year Structure Built

Median Built Year, #101
Kokomo AreaIndianaU.S.
198519711975

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

*Based on 2006-2010 data.

Mortgage Status

 Kokomo Area%IndianaU.S.
Owner-Occupied Units872100%1,763,78176,089,650
With a Mortgage74285.09%, see rank70.44%67.94%
Without a Mortgage13014.91%, see rank29.56%32.06%

*Based on 2006-2010 data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Kokomo Area
1,000 USD
Indiana
1,144 USD
U.S.
1,524 USD

Owner Costs Distribution
Monthly Owner CostsKokomo Area%IndianaU.S.
$299 or Less00.00%, see rank0.36%0.22%
$300 to $49900.00%, see rank3.00%1.85%
$500 to $699334.45%, see rank9.25%5.39%
$700 to $99933845.55%, see rank25.44%14.41%
$1,000 to $1,49929139.22%, see rank35.70%27.08%
$1,500 to $1,999415.53%, see rank15.54%19.94%
$2,000 to $2,999233.10%, see rank8.16%19.39%
$3,000 or More162.16%, see rank2.55%11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Kokomo Area
24.40% of the Total Income
Indiana
21.80% of the Total Income
U.S.
25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Kokomo Area%IndianaU.S.
10% or Less8511.46%, see rank6.13%4.85%
10% to 20%19025.61%, see rank37.29%28.90%
20% to 30%17523.58%, see rank29.08%28.42%
30% to 40%11215.09%, see rank12.68%15.27%
40% or More18024.26%, see rank14.49%22.15%

*Based on 2006-2010 data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Kokomo Area
409 USD
Indiana
367 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsKokomo Area%IndianaU.S.
$199 or Less00.00%, see rank9.20%8.92%
$200 to $2994433.85%, see rank23.41%16.68%
$300 to $4993123.85%, see rank43.54%35.65%
$500 to $6994333.08%, see rank16.28%20.07%
$700 or More129.23%, see rank7.58%18.68%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Kokomo Area
10.00% of the Total Income
Indiana
11.70% of the Total Income
U.S.
12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Kokomo Area%IndianaU.S.
10% or Less8666.15%, see rank42.89%38.92%
10% to 20%2216.92%, see rank32.14%31.98%
20% to 30%2216.92%, see rank11.83%12.67%
30% to 40%00.00%, see rank5.04%5.90%
40% or More00.00%, see rank7.27%9.51%

*Based on 2006-2010 data.

Units in Structure

 Kokomo Area%IndianaU.S.
Total Housing Units2,927100%2,778,459130,038,080
1-unit, Detached56419.27%, see rank72.51%61.62%
1-unit, Attached58920.12%, see rank3.43%5.74%
2 Units00.00%, see rank2.74%3.88%
3 or 4 Units953.25%, see rank3.57%4.47%
5 to 9 Units42014.35%, see rank4.76%4.84%
10 or More Units1,24842.64%, see rank7.51%12.68%
Mobile Home, Boat, RV, Van, etc.110.38%, see rank5.47%6.76%

*Based on 2006-2010 data.

Rooms

 Kokomo Area%IndianaU.S.
Total Housing Units2,927100%2,778,459130,038,080
1 Room762.60%, see rank0.84%1.59%
2 Rooms1916.53%, see rank1.58%2.62%
3 Rooms65422.34%, see rank6.71%9.02%
4 Rooms71524.43%, see rank14.72%16.85%
5 Rooms75925.93%, see rank22.85%20.93%
6 Rooms32511.10%, see rank20.41%18.56%
7 Rooms1766.01%, see rank13.52%12.38%
8 Rooms110.38%, see rank8.89%8.39%
9 Rooms or More200.68%, see rank10.48%9.65%
Median Rooms4.30, see rank-5.705.50

*Based on 2006-2010 data.

Bedrooms

 Kokomo Area%IndianaU.S.
Total Housing Units2,927100%2,778,459130,038,080
No Bedroom762.60%, see rank0.98%1.84%
1 Bedroom1,05936.18%, see rank9.40%11.32%
2 Bedrooms1,16439.77%, see rank27.14%27.20%
3 Bedrooms60820.77%, see rank44.10%39.80%
4 Bedrooms00.00%, see rank15.12%15.80%
5 or More Bedrooms200.68%, see rank3.25%4.04%

*Based on 2006-2010 data.

House Heating Fuel

 Kokomo Area%IndianaU.S.
Total Housing Units2,759100%2,465,402114,235,996
Utility Gas93733.96%, see rank62.95%49.91%
Bottled, Tank, or LP Gas220.80%, see rank7.93%5.38%
Electricity1,78764.77%, see rank24.94%34.20%
Fuel Oil, Kerosene, etc.00.00%, see rank1.40%7.07%
Coal or Coke00.00%, see rank0.14%0.12%
Wood00.00%, see rank1.92%1.97%
Solar Energy00.00%, see rank0.02%0.03%
Other Fuel130.47%, see rank0.47%0.42%
No Fuel Used00.00%, see rank0.23%0.90%

*Based on 2006-2010 data.

Gross Rent

Monthly RentalKokomo Area%IndianaU.S.
Occupied Units Paying Rent1,847100%657,18335,969,315
$199 or Less00.00%, see rank3.07%2.25%
$200 to $29900.00%, see rank3.42%3.41%
$300 to $4991045.63%, see rank14.57%9.80%
$500 to $69978842.66%, see rank31.75%19.41%
$700 to $99959232.05%, see rank33.60%29.88%
$1,000 to $1,49926814.51%, see rank11.26%23.51%
$1,500 to $1,999633.41%, see rank1.52%7.56%
$2,000 or More321.73%, see rank0.81%4.16%
Median$712, see rank-$683$841

*Based on 2006-2010 data.

Vehicle Available

 Kokomo Area%IndianaU.S.
Occupied Housing Units2,759100%2,465,402114,235,996
No Vehicles Available2458.88%, see rank6.24%8.85%
1 Vehicles Available1,70661.83%, see rank32.36%33.28%
2 Vehicles Available63022.83%, see rank39.43%37.87%
3 or More Vehicles Available1786.45%, see rank21.97%20.00%

*Based on 2006-2010 data.


 
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