Interested in purchasing investment houses in the 46406 zip code in Gary, IN?
The zip code 46406 is in Lake county with a latitude of -87.408010000000 and longitude of 41.602970000000, is in the state of Indiana. The average asking price of houses and condos is $39,235.00 and the average sale price was $59,000.00. this regions is classified as the Chicago metro area and is in the 219 area code. The location in degrees is 41° 36' 10.692" N, 87° 24' 28.836" W. The county F.I.P.S. is 18089. The total land area is 13.0 square miles and the water area is 0.1 square miles. The elevation in this area is 584 - 597 feet. The zip code is on central standard time and observes daylight savings time.
The zip 46406 is in county number 089 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 9,140 in 2019 and 9,900 in 2010. This further breaks down to 4,282 males (46.8%) and 4,858 females (53.2%). The median age of residents is 35.7 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 701. This zip code has a combined total of 4,750 houses and condos. There are 1,728 rented appartments. 46% of residents rent versus the 46% 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 $27,446 and the average salary is $26,583. The median household income of individuals is $33,247.00 and the average is $29,140.00. This zip code has a mean commute time to work of 27.9 minutes. The unemployment rate is 11.1%. Income earners by percent breakdown as 66.70% (Under $50,000), 25.70% ($50,000-$100,000), and 7.70% earn over $100,000. 25.0% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 93.8. The educational breakdown is 81.1% have a high school education or higher, 11.8% have a bachelor's degree or higher, and 3.9% have some kind of profesional degree.
This area has 3,771 households and the average size is 2.4 people. Individuals who are single and have never been married are 45.5%, 28.5% are now married, 3.0% are separated, 8.3% are widowed, and 14.7% are divorced. The average yearly contribution amount given by people to charity was $5,033 versus the state average of $4,697. The percent of residents who gave to charity was 7.8%.
The estimated median value of houses and condos is $58,715. The median monthly owner costs of mortgage holders was $916, where as the costs for those who don't have a mortgage are $329. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $808. 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 1.3% which amounted to an average tax amount of $944. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $720. Reported taxable interest for persons was $291, dividends $533, capital gains +$433, and itemized deductions $15,130. The average earned income tax credit is $2,917. The percent of individuals that use a tax preparer is 52.7%. The total average income taxes paid by individuals was $3,456. Businesses reported an average profit of $8,291.
Kelly's Soul Kitchen
5025 W 5th Ave, Gary, IN 46406
Country Pride
2510 Burr St, Gary, IN 46406
Quaker Steak & Lube - CLOSED
2510 Burr St, Gary, IN 46406
Hard Rock Cafe
5400 W 29th Ave, Gary, IN 46406
El Norteno
5708 W 5th Ave, Gary, IN 46406
Shark's Fish & Chicken
3740 W 5th Ave, Gary, IN 46406
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
