46901, Kokomo, IN

The Kokomo zip code 46901 has a population of around 36,000 people and is located in the southwestern part of the state. The median household income in this zip code is around $50,000, which is lower than the statewide median household income of $59,000. The homeownership rate in this zip code is around 69%, which is higher than the statewide homeownership rate of 63%. Home values in this zip code have increased significantly over the past few years and are now among some of the highest values in Indiana.

One reason for the high home values in this zip code is that it has a high percentage of homeowners. In fact, 69% of households in this zip code are owner-occupied, which is higher than both the statewide average (63%) and national average (63%). Additionally, there are a number of large homes available for sale in this area, which likely contributes to the high home values.

Despite these positive factors, there are some challenges facing home buyers in Kokomo. One issue is that there are not many single-family homes available for sale within this zip code. This may make it difficult for buyers who want to purchase a single-family home to find one that meets their needs. Additionally, prices may be higher than average due to limited supply and strong demand.