Interested in purchasing investment houses in the 46402 zip code in Gary, IN?
The zip code 46402 is in Lake county with a latitude of -87.330720000000 and longitude of 41.599420000000, is in the state of Indiana. The average asking price of houses and condos is $37,367.00 and the average sale price was $61,000.00. this regions is classified as the Chicago metro area and is in the 219 area code. The location in degrees is 41° 35' 57.912" N, 87° 19' 50.592" W. The county F.I.P.S. is 18089. The total land area is 3.8 square miles and the water area is 0.0 square miles. The elevation in this area is 577 - 587 feet. The zip code is on central standard time and observes daylight savings time.
The zip 46402 is in county number 089 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 6,363 in 2019 and 6,726 in 2010. This further breaks down to 2,907 males (45.7%) and 3,456 females (54.3%). The median age of residents is 35.9 years. The population of the greater Chicago-Naperville-Joliet, IL-IN-WI area is 9,739,919. The population density (people per square mile) is 1,671. This zip code has a combined total of 3,991 houses and condos. There are 1,637 rented appartments. 60% of residents rent versus the 60% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $23,174 and the average salary is $22,525. The median household income of individuals is $22,850.00 and the average is $25,450.00. This zip code has a mean commute time to work of 25.8 minutes. The unemployment rate is 10.6%. Income earners by percent breakdown as 73.70% (Under $50,000), 21.30% ($50,000-$100,000), and 5.10% earn over $100,000. 41.4% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 94.7. The educational breakdown is 82.0% have a high school education or higher, 13.3% have a bachelor's degree or higher, and 4.3% have some kind of profesional degree.
This area has 2,744 households and the average size is 2.2 people. Individuals who are single and have never been married are 58.4%, 16.9% are now married, 2.0% are separated, 10.9% are widowed, and 11.9% are divorced. The average yearly contribution amount given by people to charity was $4,631 versus the state average of $4,697. The percent of residents who gave to charity was 6.0%.
The estimated median value of houses and condos is $69,330. The median monthly owner costs of mortgage holders was $880, where as the costs for those who don't have a mortgage are $422. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $827. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,263. The median housing property tax percent for residents with mortgages was 1.1% which amounted to an average tax amount of $788. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $872. Reported taxable interest for persons was $178, dividends $250, and itemized deductions $14,971. The average earned income tax credit is $3,148. The percent of individuals that use a tax preparer is 48.4%. The total average income taxes paid by individuals was $3,213. Businesses reported an average profit of $8,686.
Mama Pearl's Soul Food Restaurant
411 E 5th Ave, Gary, IN 46402
Mr Archie's Grill & Bar
800 E 5th Ave, Gary, IN 46402
Da Catch
1013 Broadway, Gary, IN 46402
Great Lakes Cafe
201 Mississippi St, Gary, IN 46402
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