HousingHandbookReference data

U.S. ZIP Code · IN46901

Howard County · Kokomo, IN

Typical home value

$163,897[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.4%
5-year / yr
+7.6%
10-year / yr
+7.9%

Relative price

vs U.S.
-42.3%
vs metro
-26.4%
vs state
-29.2%
ZIP 46901 location in IN
Location of ZIP 46901 in IN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 46901 is worth $163,897 — 26.4% below the Kokomo, IN median. Over the past year, values have risen 5.4%. Homes here rent for a typical $968 a month — a 7.1% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$968[2]
Gross yield
7.1%[2]
Cap rate
4.3%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$1,033[3]

#Climate risk

FEMA National Risk Index ratings for Howard County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
38,082[3]
Median household income
$60,495[3]

#Migration

Household moves in and out of Howard County over a year, from IRS tax-return data.

Net migration
+104[5]
Moved in
2,075
Moved out
1,971

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
13
Elementary
8
Middle
3
High
2
  • Lafayette Park Elementary School

    Elementary · Grades PK–5 · Kokomo School Corporation

    680 students

  • Northwestern Elementary School

    Elementary · Grades K–6 · Northwestern School Corp

    665 students

  • Northwestern Senior High School

    High · Grades 9–12 · Northwestern School Corp

    554 students

  • Central Middle School

    Middle · Grades 6–8 · Kokomo School Corporation

    432 students

  • Excel Center - Kokomo

    High · Grades 9–12 · Excel Center - Kokomo

    383 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.1%
Net yield (after ~40% expenses)4.3%
Annual rent$11,621

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$829
Loan principal$131,118
Down payment$32,779
Total interest paid$167,233

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.09
Monthly cost to own$1,051
Monthly rent$968

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
67th percentile[1]
Rental yield
100th percentile[2]
Property tax
0th percentile[3]

Frequently asked

How much is a home worth in ZIP code 46901?
The typical home in 46901 is worth $163,897, based on the Zillow Home Value Index.
Are home values rising in 46901?
Home values in 46901 are up 5.4% over the past year, and up 7.6% a year over five years.
What is the typical rent in 46901?
A typical home in 46901 rents for about $968 a month, a gross rental yield of 7.1%.
What is the property tax rate in 46901?
The effective property tax rate in 46901 is 0.6% — roughly $1,033 a year on a typical home.
Who lives in 46901?
ZIP code 46901 has a population of 38,082 and a median household income of $60,495.

#Comparable ZIPs

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