| ZIP Code | 46320 |
|---|---|
| City | Hammond |
| State | Indiana (IN) |
| County | Lake County |
| Area Code | 219 |
| Elevation | 586 ft |
| Latitude | 41.608922 |
|---|---|
| Longitude | -87.497554 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18089 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.2 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.58 |
| Below Poverty | 32.3% ▲ 223% above avg |
| College Grads | 20.7% ▼ 47% below avg |
| Unemployment | 10.9% ▲ 123% above avg |
| No HS Diploma | 371 (4.7%) |
| HS Graduate | 3,190 (40.8%) |
| Some College | 1,471 (18.8%) |
| Associates | 1,176 (15%) |
| Bachelors | 576 (7.4%) |
| Graduate Degree | 1,041 (13.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $35,706 ▼ 53% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $115,300 ▼ 59% below avg ↑ 64% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $853/mo ↑ 21% since 2019 |
| Total Units | 6,236 |
| Vacant Units | 845 |
| Avg HH Size | 2.58 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,236 |
|---|---|
| Vacant | 845 |
| Owner Occupied | 42.8% |
| Renter Occupied | 57.2% |
| Avg HH Size | 2.58 |
ZIP code 46320 is located in Hammond, Indiana, within Lake County. With a population of 14,097, this is a lightly populated ZIP code with a relatively young community — the median age is 35.2 years. Economically, 46320 is a lower-income ZIP code: the median household income of $35,706 is well below the national average.
Real estate in ZIP code 46320 represents one of the more affordable housing markets in the country. The median home value of $115,300 is well below the national average. Renters can expect to pay around $853 per month in median rent. The area has a relatively balanced mix of owners (42.8%) and renters (57.2%). Median home values have increased by 64% since 2019.
The population of 46320 is racially diverse, with Black as the largest group at 43.8%. Residents are less-educated — 20.7% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 32.3%. Household income has grown by 16% since 2019.
The unemployment rate in 46320 stands at 10.9%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 70%.
Overall, ZIP code 46320 in Hammond, IN is characterized as lower-income, less-educated, and a relatively young community. With 14,097 residents, a median household income of $35,706, and a median home value of $115,300, it offers a clear picture of life in this part of Indiana.