Economy in Kokomo, Indiana
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Economy
| Unemployment Rate | 11.30% | 9.10% |
| Recent Job Growth | 1.37% | -0.12% |
| Future Job Growth | 31.44% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.90% | 6.25% |
| Income per Cap. | $21,176 | $27,067 |
| Household Income | $37,603 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 16.97% | 12.10% |
| Income between 15K and 25K | 16.25% | 10.18% |
| Income between 25K and 35K | 13.82% | 10.56% |
| Income between 35K and 50K | 17.18% | 14.98% |
| Income between 50K and 75K | 20.05% | 19.53% |
| Income between 75K and 100K | 9.10% | 12.52% |
| Income between 100K and 150K | 5.02% | 12.14% |
| Income between 150K and 250K | 0.79% | 3.91% |
| Income between 250K and 500K | 0.77% | 3.34% |
| Income greater than 500K | 0.04% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.62% | 13.81% |
| Professional and Related Occupations | 23.24% | 22.68% |
| Service | 15.73% | 14.51% |
| Sales and Office | 28.21% | 25.22% |
| Farming, Fishing, and Forestry | 0.02% | 0.68% |
| Construction, Extraction, and Maintenance | 10.61% | 9.37% |
| Production, Transportation, and Material Moving | 28.05% | 15.86% |
The unemployment rate in Kokomo, IN, is 11.30%, with job growth of 1.37%. Future job growth over the next ten years is predicted to be 31.44%.
Kokomo, IN Taxes
Kokomo, IN,sales tax rate is 6.00%. Income tax is 4.90%.
Kokomo, IN Income and Salaries
The income per capita is $21,176, which includes all adults and children. The median household income is $37,603.
Kokomo Economy SperlingViews
Bored to Tears: I recently moved to Kokomo and this is the worst city I have ever lived in. The people are small- minded. There are no jobs for anyone with more than a associate's... (read more)Lifetime resident: I am a lifetime resident of the Kokomo area. There are areas of the city where the crime is high, at night. If you use common sense (as in most cities) you will be... (read more)Welcome to Crack-a-mo....er...Kokomo: Kokomo is a predominately a blue collar town. It seems to have a high drop out rate in High School. The only things for kids to do here is do the naughty stuff, unless... (read more)Have an opinion about Kokomo? Leave a commentTo See All SperlingViews for Kokomo Click Here
