Interested in purchasing investment houses in the 46408 zip code in Gary, IN?
The zip code 46408 is in Lake county with a latitude of -87.369430000000 and longitude of 41.544640000000, is in the state of Indiana. The average asking price of houses and condos is $51,151.00 and the average sale price was $32,000.00. this regions is classified as the Chicago metro area and is in the 219 area code. The location in degrees is 41° 32' 40.704" N, 87° 22' 9.948" W. The county F.I.P.S. is 18089. This zip code contains two cities including Gary, IN (53.52%), and Griffith, IN (0.45%) The total land area is 9.8 square miles and the water area is 0.0 square miles. The elevation in this area is 607 - 630 feet. The zip code is on central standard time and observes daylight savings time.
The zip 46408 is in county number 089 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 15,695 in 2019 and 17,030 in 2010. This further breaks down to 7,459 males (47.5%) and 8,235 females (52.5%). The median age of residents is 41.5 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 1,610. This zip code has a combined total of 8,319 houses and condos. There are 2,646 rented appartments. 40% of residents rent versus the 40% 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 $32,367 and the average salary is $31,028. The median household income of individuals is $45,625.00 and the average is $34,680.00. This zip code has a mean commute time to work of 27.1 minutes. The unemployment rate is 12.8%. Income earners by percent breakdown as 54.80% (Under $50,000), 32.70% ($50,000-$100,000), and 12.50% earn over $100,000. 22.1% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 94.0. The educational breakdown is 84.7% have a high school education or higher, 11.4% have a bachelor's degree or higher, and 5.3% have some kind of profesional degree.
This area has 6,285 households and the average size is 2.4 people. Individuals who are single and have never been married are 39.3%, 35.0% are now married, 2.9% are separated, 6.4% are widowed, and 16.4% are divorced. The average yearly contribution amount given by people to charity was $4,913 versus the state average of $4,697. The percent of residents who gave to charity was 11.7%.
The estimated median value of houses and condos is $76,849. The median monthly owner costs of mortgage holders was $935, where as the costs for those who don't have a mortgage are $399. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $950. 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 $1,066. 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 $848. Reported taxable interest for persons was $606, dividends $1,646, capital gains +$710, and itemized deductions $15,713. The average earned income tax credit is $2,745. The percent of individuals that use a tax preparer is 53.7%. The total average income taxes paid by individuals was $4,028. Businesses reported an average profit of $7,698.
Fisherman Fish & Chicken
3165 Grant St, Gary, IN 46408
It's Time 2 Eat BBQ
3195 Grant St, Gary, IN 46408
Iron Skillet
3001 Grant St, Gary, IN 46408
Red Hot Cafe
3400 Broadway, Gary, IN 46408
Georgio's
5520 W Ridge Rd, Gary, IN 46408
Cornerstone Pizza
3044 W Ridge Rd, Gary, IN 46408
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