Kokomo, IN Real Estate
According to census data in the year 2000 there were 22,350 housing units in Kokomo.
This represents a 9.9% growth from 20,340 in 1990.
Of those housing units, 22,331 were located in either urbanized areas or urban clusters, and 19 were located in what is classified as a rural area.
Homeownership rate in Kokomo is about 60.9%.
Kokomo's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Kokomo were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.37|
|Median year structure was built||1954|
|Median Value of occupied units||$74,000|
|Median Price asked for vacant units||$69,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.01|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$436|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||6.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.5%|