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Howard County, IN

RANK #107 / 1001 NAT  ·  #5 / 28 IN  ·  POP 83,752

1YR FORECAST: +1.6%

5YR OUTLOOK: +23%

Our model projects Howard County's housing market to grow +1.6% over the next year, significantly outpacing the national average.

[01] Why Howard County?

Howard County, Indiana, is known for its automotive heritage and as the "City of Firsts," with Kokomo, its largest city, being the birthplace of America's first commercially built car. Located in north-central Indiana, about 50 miles north of Indianapolis, the county offers a suburban feel with a strong sense of community. Commuting within Kokomo is generally manageable by car, and a free public trolley system provides access to many key areas. The county also features parks like Highland Park, home to "Old Ben," the world's largest steer, and trails along Wildcat Creek for outdoor recreation.

Life in Howard County is characterized by an affordable cost of living, which is below the national average, particularly for housing. The public schools in Kokomo are considered above average, with several school corporations serving the county, including Kokomo School Corporation, Eastern Howard School Corporation in Greentown, and Western School Corporation in Russiaville. The economy, historically tied to manufacturing, is experiencing growth driven by investments in advanced manufacturing and the energy sector. This has contributed to an increase in average weekly wages and a growing labor force.

MARKET PROFILE

Heartland Steady Growth

Howard County is one of 145 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of +4.8% matches the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
6.2x

Below national median (11.3x)

Home Prices
+4.8%

Outpacing national median

Climate & Terrain
-3.6

Harsh climate or flat terrain

Price/Rent
13x

Below national median (15x)

Housing is fairly valued at 6.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Stellantis (formerly Chrysler Indiana Transmission) Manufacturing
    5,000+
  2. 2
    Community Howard Regional Health Healthcare
    1,000+
  3. 3
    Ascension St. Vincent Kokomo Healthcare
  4. 4
    Kokomo School Corporation Education
    500+
  5. 5
    Haynes International Manufacturing
  6. 6
    Indiana University Kokomo Education
  7. 7
    BorgWarner Manufacturing
  8. 8
    Bona Vista Programs Other
    250+
  9. 9
    Syndicate Sales Inc. Manufacturing
    100+
  10. 10
    Park 100 Foods Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Howard County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
83,752
+0.17% YoY
Median Household Income
$64,027
Median Home Value
$165,000
+4.76% 12mo
Median Rent
$937
Average Annual Pay
$63,532
+1.8% YoY
Employment
34,793
-2.7% YoY
Income-to-Home-Value
0.388
More affordable than average
Migration Inflow
3.36%
of pop. from another state
Bachelor's Degree+
20.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$195,000
Days on Market
28
Active market
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
97.6%
Negotiation room for buyers
Sold Above List
24.6%
Listings w/ Price Drops
32.1%
Building Permits (2025)
106
Single-Family Permits
106

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.6
per 100K · nat avg 6.5
Firearm Fatalities
16.9
per 100K · nat avg 13.4
Injury Deaths
120.3
per 100K · nat avg 83.6
vs National Average
Near national avg
based on homicide rate
10-Year Trend
Up 74% since 2015
homicide rate, 2015 → 2025

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Howard County stands nationally: safest large counties in America · highest homicide-rate counties.

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
44.3
Good
Good Air Days
65%
707 of 1,090 days
Unhealthy+ Days (3yr)
18
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
44
2022
44
2023
45
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$6,670M
TOTAL
PROJECT AMOUNT STATUS
StarPlus Energy Gigafactory (Phase 2)
Stellantis & Samsung SDI
$3,200M Planned
StarPlus Energy Gigafactory (Phase 1)
Stellantis & Samsung SDI
$2,500M Under Construction
Pumpkinvine Battery Energy Storage System
Spearmint Energy
$400M Proposed
Stellantis Transmission Plant Conversion (Electric Drive Modules)
Stellantis
$250M Under Construction
Emerald Green Solar Farm
Engie
$200M Proposed
Locomotive Solar
Ranger Power
$120M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.2% 30 percentile
Income Growth +2.5% 40 percentile
Vacancy Rate 1.8% 10 percentile
Home Price Change +4.8% 83 percentile
Rent Growth +6.5% 89 percentile
Price/Rent 13x 79 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Howard County, IN a good place to move to?

Howard County ranks #107 out of 1001 U.S. counties on the Boom Town Index with a score of 89/100. The composite score reflects long-term strength — housing, income, and migration patterns — but near-term hiring is soft (employment is down 2.7% year-over-year). Median household income here is $64,027.

Is Howard County affordable?

By national standards, Howard County is quite affordable. Homes here have a median value of $165,000, and the income-to-home-value ratio of 0.39 is well above the U.S. average — especially with median rent at just $937/month. Residents can generally buy a home without being cost-burdened.

Is Howard County growing or shrinking?

Howard County's job market is contracting (-2.7% YoY) while population is roughly stable (+0.2% change). Home values are +4.8% over the past 12 months. Hiring headwinds without an offsetting exodus — residents are staying, but local employers are shedding payroll.

Are people moving to Howard County?

There's a moderate stream of newcomers. About 3.36% of residents moved from another state, which is above average and suggests Howard County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Delaware County, IN 88 St. Joseph County, IN 84 LaPorte County, IN 83 Grant County, IN 97 Wayne County, IN 98 Kosciusko County, IN 98 Dougherty County, GA 89 Walton County, FL 89