Interested in purchasing investment houses in the 46407 zip code in Gary, IN?
The zip code 46407 is in Lake county with a latitude of -87.330240000000 and longitude of 41.578490000000, is in the state of Indiana. The average asking price of houses and condos is $39,375.00 and the average sale price was $30,333.00. this regions is classified as the Chicago metro area and is in the 219 area code. The location in degrees is 41° 34' 42.564" N, 87° 19' 48.864" W. The county F.I.P.S. is 18089. The total land area is 4.2 square miles and the water area is 0.0 square miles. The elevation in this area is 591 - 594 feet. The zip code is on central standard time and observes daylight savings time.
The zip 46407 is in county number 089 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 11,023 in 2019 and 12,656 in 2010. This further breaks down to 5,050 males (45.8%) and 5,973 females (54.2%). The median age of residents is 38.9 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 2,600. This zip code has a combined total of 7,627 houses and condos. There are 2,591 rented appartments. 57% of residents rent versus the 57% 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 $24,185 and the average salary is $23,110. The median household income of individuals is $22,939.00 and the average is $26,420.00. This zip code has a mean commute time to work of 31.0 minutes. The unemployment rate is 10.2%. Income earners by percent breakdown as 76.40% (Under $50,000), 17.70% ($50,000-$100,000), and 5.90% earn over $100,000. 35.7% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 93.8. The educational breakdown is 80.8% have a high school education or higher, 10.8% have a bachelor's degree or higher, and 4.3% have some kind of profesional degree.
This area has 5,180 households and the average size is 2.4 people. Individuals who are single and have never been married are 51.9%, 20.4% are now married, 3.0% are separated, 10.5% are widowed, and 14.3% are divorced. The average yearly contribution amount given by people to charity was $4,922 versus the state average of $4,697. The percent of residents who gave to charity was 7.1%.
The estimated median value of houses and condos is $55,951. The median monthly owner costs of mortgage holders was $900, where as the costs for those who don't have a mortgage are $382. The median number of rooms in houses and condos are 5.8 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 $697. 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 $829. 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 $640. Reported taxable interest for persons was $266, dividends $543, and itemized deductions $14,160. The average earned income tax credit is $3,043. The percent of individuals that use a tax preparer is 50.6%. The total average income taxes paid by individuals was $3,203. Businesses reported an average profit of $8,452.
The Tommy Philly Steaks
2574 Broadway, Gary, IN 46407
Swells Smokehouse BBQ
1101 Broadway, Gary, IN 46407
Phenomenal Ribs
1101 Broadway, Gary, IN 46407
J & J Fish & Chicken
2574 Broadway, Gary, IN 46407
City View Restaurent
1201 W 25th Ave, Gary, IN 46407
Elbow Room
200 W 25th Ave, Gary, IN 46407
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