What is the property tax rate in Kokomo, IN?

Kokomo has an estimated effective property tax rate of 0.78%. On a median home valued at $126,500, homeowners pay approximately $986 per year in property taxes.

How does Kokomo compare to Howard County?

Kokomo's effective rate of 0.78% is 8% higher than the Howard County average of 0.72%. The county-wide median annual tax is $1,189, while Kokomo homeowners pay an estimated $986.

How much are property taxes in Kokomo on a $300,000 home?

Based on Kokomo's effective rate of 0.78%, property taxes on a $300,000 home would be approximately $2,340 per year, or about $195 per month.

Kokomo Property Tax Rate

Howard County, Indiana

0.78%effective rate

Kokomo is located in Howard County, Indiana. Homeowners in Kokomo pay a median of $986 per year in property taxes on a home valued at $126,500, resulting in an effective tax rate of 0.78%. This is 8% higher than the Howard County average of 0.72%.

Effective Tax Rate🏠

0.78%

vs 0.72% county avg

Est. Annual Tax💰

$986

Per year

Median Home Value📊

$126,500

2024 estimate

Population📍

59,375

Kokomo, IN

How Kokomo Compares

Kokomo

0.78%

Howard County Average

0.72%

Indiana Average

0.74%

National Average

0.92%

About Property Taxes in Kokomo

Property taxes in Kokomo are collected by Howard County. Tax exemptions available to Howard County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Kokomo. For detailed information on available exemptions and the county tax collector, see the Howard County property tax page.

Property Tax Calculator

Estimate your annual property tax in Kokomo

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$2,340

$195/month · Rate: 0.78%

Howard County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

Indiana Property Taxes

Statewide rates, all 92 counties, and exemptions.

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Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.