Kokomo Indiana Household Income
The Census ACS 1-year survey reports that the median household income for the Kokomo Indiana metro area was $55,088 in 2021, the latest figures available. Kokomo median household income is $7,655 lower than the median Indiana household income and $14,629 less than the US median household income. 2022 metro income data (including Kokomo median household income) will be released in September of 2023. Median family and per capita income for Kokomo are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Kokomo Indiana
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Indiana | $62,743 | -0.38% | +4.31% |
| Kokomo | $55,088 | -3.01% | -8.61% |
Trends in Kokomo, IN Real Median Household Income since 2005
The current median household income for Kokomo is $55,088. Real median household income peaked in 2005 at $64,791 and is now $9,703 (14.98%) lower. From a post peak low of $47,153 in 2012, real median household income for Kokomo has now grown by $7,935 (16.83%).
Real Median Household Income: Kokomo, Indiana, National
Historical Inflation Adjusted Median Household Income for Kokomo
| Date | US | Indiana | Kokomo |
|---|---|---|---|
| 2021 | $69,717 | $62,743 | $55,088 |
| 2020 | $70,877 | $62,983 | $56,798 |
| 2019 | $69,638 | $61,045 | $56,633 |
| 2018 | $66,828 | $60,148 | $60,280 |
| 2017 | $66,687 | $59,884 | $54,540 |
| 2016 | $65,052 | $59,064 | $51,599 |
| 2015 | $63,784 | $57,788 | $53,512 |
| 2014 | $61,468 | $56,644 | $54,024 |
| 2013 | $60,869 | $55,370 | $51,567 |
| 2012 | $60,732 | $55,533 | $47,153 |
| 2011 | $60,969 | $56,063 | $48,442 |
| 2009 | $63,573 | $57,501 | $60,284 |
| 2007 | $66,465 | $62,153 | $58,986 |
| 2005 | $64,310 | $61,182 | $64,791 |
Kokomo Family Income
The ACS 1-year data shows the median family income for Kokomo was $72,733 in 2021. Compared to the median Indiana family income, Kokomo median family income is $6,510 lower. As with the median household income data, 2022 family income data for Kokomo will be released in September of 2023.
Real Median Family Income for Kokomo Indiana
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Indiana | $79,243 | -1.11% | +4.70% |
| Kokomo | $72,733 | +0.76% | +0.92% |
Trends in Kokomo, IN Real Median Family Income since 2005
The current median family income for Kokomo is $72,733. Real median family income peaked in 2005 at $77,380 and is now $4,647 (6.01%) lower. From a post peak low of $61,974 in 2012, real median family income for Kokomo has now grown by $10,759 (17.36%).
Real Median Family Income: Kokomo, Indiana, National
Historical Inflation Adjusted Median Family Income for Kokomo
| Date | US | Indiana | Kokomo |
|---|---|---|---|
| 2021 | $85,806 | $79,243 | $72,733 |
| 2020 | $87,269 | $80,135 | $72,181 |
| 2019 | $85,780 | $78,290 | $69,084 |
| 2018 | $82,434 | $75,689 | $72,070 |
| 2017 | $81,669 | $75,252 | $66,555 |
| 2016 | $80,231 | $74,552 | $69,306 |
| 2015 | $78,061 | $72,235 | $69,593 |
| 2014 | $75,505 | $69,628 | $69,454 |
| 2013 | $74,593 | $69,231 | $69,069 |
| 2012 | $73,920 | $69,273 | $61,974 |
| 2011 | $74,192 | $68,992 | $66,076 |
| 2009 | $77,322 | $71,435 | $68,126 |
| 2007 | $80,131 | $75,627 | $70,121 |
| 2005 | $77,647 | $75,207 | $77,380 |
Kokomo Per Capita Income
The ACS 1-year survey shows the per capita income for Kokomo was $32,113 in 2021. Compared to the median Indiana per capita income, Kokomo median per capita income is $941 lower. As with the median household and median family income numbers above, 2022 per capita income data for Kokomo will be released in September of 2023.
Real Per Capita Income for Kokomo Indiana
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Indiana | $33,054 | -1.38% | +4.31% |
| Kokomo | $32,113 | +3.12% | +2.51% |
Trends in Kokomo, IN Real Per Capita Income since 2005
At $32,113, the per capita income for Kokomo was at a new inflation adjusted high in 2021.
Real Per Capita Income: Kokomo, Indiana, National
Historical Real Per Capita Income for Kokomo
| Date | US | Indiana | Kokomo |
|---|---|---|---|
| 2021 | $38,332 | $33,054 | $32,113 |
| 2020 | $38,730 | $33,516 | $31,142 |
| 2019 | $37,803 | $32,840 | $29,030 |
| 2018 | $36,503 | $31,688 | $31,326 |
| 2017 | $35,807 | $31,304 | $28,347 |
| 2016 | $35,145 | $31,008 | $30,073 |
| 2015 | $34,284 | $30,186 | $28,951 |
| 2014 | $33,094 | $28,800 | $27,921 |
| 2013 | $32,833 | $28,886 | $27,774 |
| 2012 | $32,297 | $28,253 | $27,014 |
| 2011 | $32,243 | $28,399 | $26,331 |
| 2009 | $33,430 | $29,326 | $29,363 |
| 2007 | $34,959 | $31,183 | $31,008 |
| 2005 | $34,817 | $31,318 | $30,643 |
