Median Age
41 Years
Largest Age Group
5-14 Years
Approximately 13% of Residents
Under 20
24%
Over 65
22%
Avg Rent
$898
Population
61,471
Renter Mix
40% Rent
Living in Kokomo, IN, offers a delightful mix of affordability and community spirit. Residents enjoy numerous green spaces such as Highland Park and Foster Park, ideal for picnics, hiking, and outdoor gatherings. The city’s well-maintained public parks also serve as venues for community events and seasonal festivals.
Kokomo boasts a variety of rental homes, including cozy apartments and charming single-family houses. Indiana University Kokomo adds an educational and cultural element to the area, offering public lectures, art exhibitions, and performances. The annual Haynes Apperson Festival brings history enthusiasts together to celebrate the city's automotive legacy. In addition to these events, budget-friendly activities such as touring the local museums or exploring the scenic trails along Wildcat Creek offer plenty of entertainment. Living in Kokomo promises a fulfilling experience with abundant opportunities for recreation and engagement!
Cedar Crest is located 2 miles to the south east of downtown Kokomo, IN.
Downtown Kokomo is the home of America's first car, the 1894 Pioneer.
Kokomo's Wildcat Creek Golf Course has weekday leagues for residents to join in.
Median Household Income
$50,485
Average: $67,639
Education
10,910
Residents Have a Degree
Job Market
27,291
Workers Employed
Median Age
41 Years
Largest Age Group
5-14 Years
Approximately 13% of Residents
Under 20
24%
Over 65
22%
Housing Distribution
Kokomo has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of July 2026, the average apartment rent in Kokomo, IN is $793 for a studio, $898 for one bedroom, $1,067 for two bedrooms, and $1,247 for three bedrooms. Apartment rent in Kokomo has decreased by -0.7% in the past year.
The cost of living in Kokomo, IN is 16.5% lower than the national average. Generally, housing in Kokomo is 43.2% less expensive than the national average, with rent falling between $793 - $1,247. You can expect to pay 1.4% less for groceries, 7.0% less for utilities, and 3.3% less for transportation.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Kokomo, IN is for everyday living.
Fairly Walkable
Walkability
Very Drivable
Drivability
Moderately Bikeable
Bikeability
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360 Students
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190 Students
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.