Pros and Cons of Living in Kokomo
Kokomo's core trade-off pairs genuine housing affordability and a real, current manufacturing-investment story against a below-national household income and a disclosed, elevated in-state crime ranking.
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Learn morePro: genuine housing affordability
Kokomo's $185,001 average home value and 0.86% effective property tax rate both run genuinely low, well below many markets in this dataset.
Pro: a real, current manufacturing-investment story
Three real Stellantis plants, a disclosed $100 million engine-production investment, and a separate $250 million federal EV-conversion grant together make Kokomo's manufacturing base a genuine, active positive rather than a static legacy claim.
Con: a below-national household income and poverty rate
Kokomo's median household income ($55,360) runs below the national median, with a real, disclosed 17.07% poverty rate.
Con: an elevated in-state crime ranking
Kokomo's crime rate runs above the national average, and one aggregator ranks it higher-crime than approximately 88% of Indiana's own cities and towns.
Key takeaways
- Pro: genuine housing affordability ($185,001 average value, 0.86% effective property tax rate).
- Pro: a real, current, substantial Stellantis manufacturing-investment story.
- Con: a below-national median household income ($55,360) and a disclosed 17.07% poverty rate.
- Con: a crime rate above the national average, ranked higher than roughly 88% of Indiana's own cities and towns.
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