Kokomo's demographic shifts align with broader national trends of increasing diversity in many American cities. However, the pace of change in Kokomo appears slower than in many urban areas across the U.S., which have seen more rapid diversification.

Based on observed trends, Kokomo is likely to continue its gradual shift towards increased diversity over the coming years. If current trajectories persist, the city may transition from Low Diversity to Moderate Diversity within the next 10-15 years. The Hispanic and multiracial populations are likely to see the most significant growth. The white majority will likely continue to decrease but remain the dominant group for the foreseeable future.

Economically, the recent volatility makes predictions challenging. However, if the city can stabilize and build on the growth seen in the late 2010s and early 2020s, it may see a return to gradually increasing median incomes.

In conclusion, while Kokomo remains a predominantly white, low-diversity community, subtle demographic shifts and economic fluctuations suggest a city in slow transition. Monitoring these trends will be crucial for understanding the evolving needs and opportunities within the community.