46407 ZIP Code – Gary, Indiana

ZIP code 46407 is a mid-sized ZIP code located in Gary, Indiana, within Lake County with a population of approximately 9,125 residents. At $26,502, the median household income here runs well below the Indiana average and well below the U.S. average. Median home values of $53,000 are well below the national average, with 41.2% owner-occupied housing (decreasing). , with median rent coming in at $780 — below the national figure. Housing consists of 74% single-family (decreasing), 17% apartments (increasing), 8% duplex/multi-family.

At 13.8%, the unemployment rate is well above the national figure. An estimated 38.6% of the population falls below the poverty line, well above the national figure. About 11.1% of residents have completed a four-year degree, well below the national rate. The median age is 38.2, near the national median. The surrounding area includes ZIP codes 46409, 46404, 46402.

ZIP Code 46407 Data

Population 9,125
Median Household Income $26,502
Median Home Value $53,000
Median Rent $780
Median Age 38.2
Unemployment Rate 13.8%
Poverty Rate 38.6%
Bachelor's Degree or Higher 11.1%
County Lake County
State Indiana

ZIP 46407 vs. Indiana vs. U.S.

MetricZIP 46407IN Avg.U.S. Avg.
Population9,1258,64210k
Median Household Income$26k$69k$73k
Median Home Value$53k$165k$258k
Median Rent$780$898$1,088
Median Age38.241.043.2
Unemployment Rate13.8%4.2%5.0%
Poverty Rate38.6%11.3%13.3%
Bachelor's Degree or Higher11.1%21.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
46409 GARY 7,050 $39,554
46404 GARY 16,851 $39,281
46402 GARY 5,873 $26,101
46408 GARY 15,368 $46,690
46405 LAKE STATION 11,547 $54,521