Median rent for residential in as of Apr, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
2 Kokomo, IN, USA apartments for rent
Kokomo
Kokomo, IN has a population of 57,941, while the median age is 40. The household income in Kokomo, IN is around $41,366. The homeownership rate among the residents is 61%. The median residential property value in Kokomo, IN that you should keep in mind is $85,200.
| Population | 57,941 |
| Median Age | 39.9 |
| Poverty Rate | 20% |
| Household Income | $41,366 |
| Number Of Employees | 25,213 |
| Median Property Value | $85,200 |
Business & Economy
Wage by Common Jobs
Average salary in Kokomo, IN: $44,611
- 1. Miscellaneous managers$86,706
- 2. Registered nurses$58,678
- 3. Elementary & middle school teachers$47,404
- 4. Firstline supervisors of retail sales workers$46,686
- 5. Driver/sales workers & truck drivers$46,657
Highest Paid Occupations
Numbers claim that the highest paid jobs in Kokomo, IN are Computer & Mathematical Occupations, Computer, Engineering, Science Occupations, Architecture & Engineering Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations and Installation, Maintenance, Repair Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Kokomo, IN work in. The highest paid industries are Utilities, Agriculture, Forestry, Fishing & Hunting, Mining, Manufacturing, Wholesale Trade and Information.
Demographics
Race & Ethnicity
According to latest census, Kokomo, IN is a home for 84% white residents. The second common group is black with 10% residents. The list of the most common racial or ethnic groups is closed by other with 3% residents.
Non-English Speakers
Education
Past year Kokomo, IN universities awarded around 170,400 degrees. Statistics show that the population of students in Kokomo, IN includes 85,200 female students and 85,200 male students. Kokomo, IN offers private and public tuition with a median cost of $n/a for private four-year colleges and $18,432 for in-state public four-year colleges. The largest university of this city is the Indiana University-Kokomo with the majority of graduates. The Ross Medical Education Center-Kokomo and Summit Salon Academy-Kokomo hold the second and the third place respectively. The share of the public colleges in Kokomo, IN is 74 and 26 go to the private colleges.
Universities
- 1. Indiana University-Kokomo623 graduates
- 2. Ross Medical Education Center-Kokomo135 graduates
- 3. Summit Salon Academy-Kokomo73 graduates
Public vs Private
Health and Safety
Primary care physicians in Kokomo, IN see an average of 1,720 patients, dentists 1,197 patients, metal health providers 598 patients, and other healthcare providers 1,877 patients per year.
Transportation
Commute Time
Average travel time: 18.12 minutes
Commuter Transportation
Citizens of Kokomo, IN travel to their offices around 18 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
Housing Trends
Rent vs Own
How much is an apartment in Kokomo, IN, USA
Average rent in Kokomo: $365 (-43.8%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed rentals | $600 | -7.7% |
| 3 bed rentals | $287 | N/A |
Over the Apr 2022, the average rent for an apartment in/near Kokomo, IN decreased by 43.8% to $365.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $600 with no changes this month. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $287.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| House rentals | $287 | -55.8% |
| Room rentals | $600 | N/A |
The median rent for a house is still $287 with no significant changes this month. If you’re looking for a room, the price tag still starts at $600. The median price did not change this time.
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