Can A Retail Salesperson Afford Rent in Kokomo, IN?

Stretched but workable — rent takes 35.5% of gross income.

Kokomo rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Kokomo median rent
$1,009/mo
Retail Salesperson salary (Indiana)
$34,104/yr
Rent as % of income
35.5%
Gross monthly income works out to about $2,842, and the 30% rule supports up to $853/mo in rent. Kokomo's median rent of $1,009 exceeds that threshold by $156/mo, putting a retail salesperson salary into the rent-burdened range here. A retail salesperson works roughly 61.5 hours a month to cover that rent.

About rent and a retail salesperson salary

Retail pay sits below the rent threshold needed for solo apartment living in most US metros, which is the central tension behind the widely studied retail-housing affordability gap. At the national-average retail salary, the 30% rule supports about $927 a month in rent — below the median one-bedroom rent in nearly every metro tracked here. The per-city pages show which markets are least out of reach.

Cheaper rent nearby

These Indiana cities have lower median rent than Kokomo, which improves the affordability math on a retail salesperson salary:

Goshen, IN
$1,007/mo (35.4% of income)
Evansville, IN
$1,001/mo (35.2% of income)
Evansville, IN
$997/mo (35.1% of income)

Compare with full rent data for Kokomo

View full rent data for Kokomo, IN

Frequently asked questions

Can a retail salesperson afford rent in Kokomo, IN?

Median rent in Kokomo is $1,009 a month. A typical retail salesperson in Indiana earns about $34,104 a year, which makes that rent 35.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a retail salesperson afford in Kokomo?

Using the 30% rule, a retail salesperson salary in Indiana (~$34,104/yr) supports up to $853 a month in rent. Kokomo's current median rent is $1,009/mo, which is $156/mo over the affordability threshold.

How many hours does a retail salesperson work to cover rent in Kokomo?

At an hourly equivalent of about $16 an hour, a retail salesperson in Indiana works roughly 61.5 hours a month to cover Kokomo's median rent of $1,009.

Where is rent cheaper than Kokomo for a retail salesperson?

Nearby Indiana cities with lower median rent include Goshen ($1,007/mo), Evansville ($1,001/mo), Evansville ($997/mo). Each shifts the affordability math materially on a retail salesperson salary.

Methodology: Salary uses the BLS-derived Indiana state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Kokomo, IN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.