| ZIP Code | 46403 |
|---|---|
| City | Gary |
| State | Indiana (IN) |
| County | Lake County |
| Area Code | 219 |
| Elevation | 651 ft |
| Latitude | 41.610527 |
|---|---|
| Longitude | -87.258152 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18089 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.7 yrs |
|---|---|
| Avg Household Size | 2.14 |
| Below Poverty | 26.3% ▲ 163% above avg |
| College Grads | 36.9% ≈ Avg |
| Unemployment | 13.1% ▲ 168% above avg |
| No HS Diploma | 78 (1.1%) |
| HS Graduate | 2,265 (32.6%) |
| Some College | 658 (9.5%) |
| Associates | 1,380 (19.9%) |
| Bachelors | 766 (11%) |
| Graduate Degree | 1,791 (25.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,114 ▼ 42% below avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $154,800 ▼ 44% below avg ↑ 57% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $939/mo ↑ 19% since 2019 |
| Total Units | 6,317 |
| Vacant Units | 1,362 |
| Avg HH Size | 2.14 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,317 |
|---|---|
| Vacant | 1,362 |
| Owner Occupied | 47.5% |
| Renter Occupied | 52.6% |
| Avg HH Size | 2.14 |
ZIP code 46403 is located in Gary, Indiana, within Lake County. With a population of 10,697, this is a lightly populated ZIP code with a middle-aged community — the median age is 41.7 years. Economically, 46403 is a working-class ZIP code: the median household income of $44,114 is below the national average.
Real estate in ZIP code 46403 represents an affordable housing market. The median home value of $154,800 is below the national average. Renters can expect to pay around $939 per month in median rent. The area has a relatively balanced mix of owners (47.5%) and renters (52.6%). Median home values have increased by 57% since 2019.
The population of 46403 is primarily Black (70.64%). Residents are moderately educated — 36.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects a significant share of residents at 26.3%. Household income has grown by 9% since 2019.
The unemployment rate in 46403 stands at 13.1%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 46403 in Gary, IN is characterized as working-class, moderately educated, and a middle-aged community. With 10,697 residents, a median household income of $44,114, and a median home value of $154,800, it offers a clear picture of life in this part of Indiana.