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Kokomo, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Kokomo, Indiana had a total population of 59,122, the 14th largest city in Indiana, with a median household income of $55,360, which is 23% lower than the state average. The poverty rate is 17.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Kokomo Quick Facts

Population 59,122
Median Household Income $55,360
Median Home Value $137,400
Poverty Rate 17.1%
Unemployment Rate 6.2%
Median Age 39.4 years
Homeownership Rate 63.0%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 18.1%
High School Graduation Rate 89.8%
Diversity Index 37/100
Population 59,122 14th of 967
Median Income $55,360 below average
Poverty Rate 17.1% 37% higher than national
Median Home Value $137,400 average

How Kokomo Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population59,37559,122-0.4%
Median household income$54,195$55,360+2.1%
Median home value$126,500$137,400+8.6%

How Kokomo Compares

Economy & Housing

Household Income Distribution

Under $25K 19.9%
$25K-$50K 25.5%
$50K-$100K 32.7%
$100K+ 21.9%
Detailed income brackets
Under $10K
7.0%
$10K-$15K
4.5%
$15K-$20K
4.0%
$20K-$25K
4.5%
$25K-$30K
5.3%
$30K-$35K
5.5%
$35K-$40K
5.7%
$40K-$45K
5.5%
$45K-$50K
3.5%
$50K-$60K
8.7%
$60K-$75K
10.5%
$75K-$100K
13.4%
$100K-$125K
7.9%
$125K-$150K
5.6%
$150K-$200K
5.3%
$200K+
3.0%

Employment

6.2% Unemployment Rate State: 4.3%|National: 5.2%
57.7% Labor Force Participation

Housing Overview

Owner 63.0%
Renter 37.0%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $939/mo 20.4% of median household income annually

People & Demographics

Diversity Index

37out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Kokomo Rankings in Indiana

#14 Population of 967
#548 Median Income of 796
#375 Education of 966
#453 Home Value of 818

Other Cities in Howard County

CityPopulationMedian IncomePovertyHome Value
Greentown 2,094 $60,521 7.0% $123,400
Russiaville 1,445 $84,457 4.2% $182,300

Cities Similar to Kokomo

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Elkhart53,733$51,028$139,50017.7%18.2%
Terre Haute58,427$43,126$115,70024.6%24.6%
Anderson55,367$46,909$119,00015.7%21.0%
Mishawaka51,021$54,291$155,50029.2%16.4%
Lafayette71,159$53,716$172,80027.9%17.8%

Population Overview

Kokomo is a mid-sized community located in Indiana, within Howard County. The total population is 59,122. It ranks as the 14th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Kokomo is 39.4 years. This is 3% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Kokomo is $55,360. This is 23% lower than the state median of $71,957. It is also 31% lower than the national median of $80,734. The poverty rate stands at 17.1%. This is 38% higher than the state poverty rate of 12.3%. The unemployment rate is 6.2%. This is 44% higher than the state rate of 4.3%. The median home value is $137,400. Housing costs are 37% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.5x, Kokomo is one of the most affordable housing markets in the area. 63.0% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 70.5%.

Race & Ethnicity

The largest racial or ethnic group in Kokomo is White (non-Hispanic), making up 78.8% of the population. Black or African American residents account for 9.9%. The Hispanic or Latino population (4.3%) is well below the state average of 8.6%.

Education

18.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.8%.

Data Sources & Methodology

All demographic data for Kokomo, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Kokomo, Indiana?

Kokomo, Indiana has a population of 59,122 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Kokomo, IN?

The median household income in Kokomo is $55,360, which is 31% lower than the national median of $80,734.

What is the poverty rate in Kokomo, IN?

The poverty rate in Kokomo is 17.1%. This means approximately 9,891 residents live below the federal poverty line.

What is the racial makeup of Kokomo, Indiana?

Kokomo's population is 78.8% White, 9.9% Black, 4.3% Hispanic/Latino, and 1.9% Asian.

What is the median home value in Kokomo, IN?

The median home value in Kokomo is $137,400. The home-value-to-income ratio is 2.5x.

How educated is Kokomo, Indiana?

18.1% of adults (25+) in Kokomo hold a bachelor's degree or higher, and 6.4% hold a graduate or professional degree.