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
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ZIP 46407 vs. Indiana vs. U.S.
| Metric | ZIP 46407 | IN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 9,125 | 8,642 | 10k |
| Median Household Income | $26k | $69k | $73k |
| Median Home Value | $53k | $165k | $258k |
| Median Rent | $780 | $898 | $1,088 |
| Median Age | 38.2 | 41.0 | 43.2 |
| Unemployment Rate | 13.8% | 4.2% | 5.0% |
| Poverty Rate | 38.6% | 11.3% | 13.3% |
| Bachelor's Degree or Higher | 11.1% | 21.0% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 46409 – Gary
- 46404 – Gary
- 46402 – Gary
- 46408 – Gary
- 46405 – Lake Station
- 46406 – Gary
- 46403 – Gary
- 46319 – Griffith
- 46342 – Hobart
- 46323 – Hammond
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 |