Kokomo, IN — income, home value, property tax, and sales tax.
Homes in ZIP code 46937, part of the Kokomo area, carry an effective property tax rate of 0.72% at the county level, so a house valued at $150,000 would draw roughly $1,080 in annual property taxes. That rate sits below many parts of Indiana, which eases the yearly cost of owning a home here. Buyers should also account for the 7.00% combined sales tax on everyday purchases, which trims spending power alongside the property tax bill. Together, these figures shape what a household can comfortably afford in this ZIP.