Is Kokomo, Indiana a Good Place To Live? - Living In Kokomo, IN

Is Kokomo, Indiana a good place to live?
Kokomo is a city in Indiana state in USA with a population of 58066 residents.. The poverty rate of Kokomo is 14.9%, which is 6% higher than national average. The typical household in Kokomo earns $48830 a year, compared to the national median of $67,500. Nearly 51.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Kokomo, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Kokomo remained 5.7%, which is 21% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Kokomo, only 17% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Kokomo is 77, which is 23% lower than national average. Median home value in Kokomo is $93300 , which is 59% lower than national average. While median income in Kokomo remained $48830, which is 28% lower than national average.
Population
58066
Unemployment
5.7%
21% NAT AVG.
Poverty
14.9%
6% NAT AVG.
Overall Score
6
Median Home Cost
$93300
59% NAT AVG.
Median Income
$48830
28% NAT AVG.
Median Rent
$741
36% NAT AVG.
Cost Of Living
77
23% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 18
People Earning < $10,000
1 in 16
People Earning < $50,000
51.4%
People with <= High School
1 in 2
People With Any Degree
1 in 4
Pros & Cons Overview

Jobs60%

Housing50%

Affordability85%

Safety40%

Amenities90%

Diversity80%

Education60%

Commute90%