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Affordable
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These days, finding an affordable place to live in the Kokomo area can be challenging. Home prices in Kokomo are now at a median cost of $110,892, lower than the Texas average of $322,096.
The average cost of rent is $536/mo in Kokomo, primarily driven by the current value of real estate in the Kokomo area. In Kokomo, 30.45% of households rent, and 77.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kokomo is $4,277 per month. Households that rent pay about 12.54% of their income on rent here. Kokomo’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gorman, TX: equally priced homes
- Staff, TX: higher priced homes
- Carbon, TX: less expensive homes
- Eastland, TX: higher priced homes
- Desdemona, TX: higher priced homes
- Rucker, TX: higher priced homes
- Mangum, TX: higher priced homes
- Duster, TX: higher priced homes
- Romney, TX: higher priced homes
- DeLeon, TX: equally priced homes
Cities with Similar Populations
- Blue Grass, VA: higher priced homes
- Bretton Woods, NH: higher priced homes
- Brereton, IL: higher priced homes
- Brant, NY: higher priced homes
- Brandonville, WV: higher priced homes
- Braggadocio, MO: higher priced homes
- Braddock, ND: higher priced homes
- Bonanza Grove, MN: higher priced homes
- Boaz, WI: higher priced homes
- Bluffton, AR: equally priced homes
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