Interested in purchasing investment houses in the 46403 zip code in Gary, IN?
The zip code 46403 is in both Lake and Porter counties with a latitude of -87.263410000000 and longitude of 41.604700000000, is in the state of Indiana. The average asking price of houses and condos is $113,132.00 and the average sale price was $19,500.00. this regions is classified as the Chicago metro area and is in the 219 area code. The location in degrees is 41° 36' 16.92" N, 87° 15' 48.276" W. The county F.I.P.S. is 18089. This zip code contains two cities including Gary, IN (98.07%), and Lake Station, IN (0.76%) The total land area is 8.3 square miles and the water area is 2.2 square miles. The elevation in this area is 581 - 597 feet. The zip code is on central standard time and observes daylight savings time.
The zip 46403 is in county number 127 and is L. Sector 18, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 13,581 in 2019 and 12,601 in 2010. This further breaks down to 6,176 males (45.5%) and 7,405 females (54.5%). The median age of residents is 42.1 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 1,640. This zip code has a combined total of 7,448 houses and condos. There are 2,878 rented appartments. 48% of residents rent versus the 48% 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 $43,783 and the average salary is $36,740. The median household income of individuals is $45,939.00 and the average is $45,460.00. This zip code has a mean commute time to work of 32.5 minutes. The unemployment rate is 6.9%. Income earners by percent breakdown as 54.10% (Under $50,000), 31.00% ($50,000-$100,000), and 14.80% earn over $100,000. 22.7% 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 92.9% have a high school education or higher, 23.0% have a bachelor's degree or higher, and 10.8% have some kind of profesional degree.
This area has 5,290 households and the average size is 2.2 people. Individuals who are single and have never been married are 44.5%, 32.9% are now married, 0.2% are separated, 7.8% are widowed, and 14.5% are divorced. The average yearly contribution amount given by people to charity was $4,729 versus the state average of $4,697. The percent of residents who gave to charity was 20.6%.
The estimated median value of houses and condos is $108,806. The median monthly owner costs of mortgage holders was $1,175, where as the costs for those who don't have a mortgage are $464. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $1,354. 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 1.2% which amounted to an average tax amount of $1,455. 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 $1,250. Reported taxable interest for persons was $1,045, dividends $3,074, capital gains +$7,656, and itemized deductions $19,836. The average earned income tax credit is $2,907. The percent of individuals that use a tax preparer is 50.9%. The total average income taxes paid by individuals was $5,842. Businesses reported an average profit of $7,781.
Smokin' Hot Barbecue
665 S Lake St, Gary, IN 46403
Sharks Fish & Chicken
4929 E Dunes Hwy, Gary, IN 46403
Wing Wah Restaurant
7868 Melton Rd, Gary, IN 46403
Fortune House Chinese Restaurant
6021 Melton Rd, Gary, IN 46403
Flamingo Pizza of Miller
8341 Locust Ave, Gary, IN 46403
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