| ZIP Code | 46408 |
|---|---|
| City | Gary |
| State | Indiana (IN) |
| County | Lake County |
| Area Code | 219 |
| Elevation | 627 ft |
| Latitude | 41.545938 |
|---|---|
| Longitude | -87.368484 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18089 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.7 yrs ↓ 11% since 2019 |
|---|---|
| Avg Household Size | 2.57 |
| Below Poverty | 29.7% ▲ 197% above avg |
| College Grads | 21.9% ▼ 43% below avg |
| Unemployment | 11.3% ▲ 130% above avg |
| No HS Diploma | 295 (3.2%) |
| HS Graduate | 3,987 (43.1%) |
| Some College | 1,526 (16.5%) |
| Associates | 1,423 (15.4%) |
| Bachelors | 785 (8.5%) |
| Graduate Degree | 1,245 (13.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $47,063 ▼ 38% below avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $96,200 ▼ 65% below avg ↑ 38% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $1,016/mo ↑ 25% since 2019 |
| Total Units | 7,861 |
| Vacant Units | 1,833 |
| Avg HH Size | 2.57 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,861 |
|---|---|
| Vacant | 1,833 |
| Owner Occupied | 60.3% |
| Renter Occupied | 39.7% |
| Avg HH Size | 2.57 |
ZIP code 46408 is located in Gary, Indiana, within Lake County. With a population of 15,571, this is a moderately populated ZIP code with a relatively young community — the median age is 36.7 years. Economically, 46408 is a working-class ZIP code: the median household income of $47,063 is below the national average.
Real estate in ZIP code 46408 represents one of the more affordable housing markets in the country. The median home value of $96,200 is well below the national average. Renters can expect to pay around $1,016 per month in median rent. Homeownership is strong here — 60.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 38% since 2019.
The population of 46408 is racially diverse, with Black as the largest group at 40.9%. Residents are less-educated — 21.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 29.7%. Household income has grown by 25% since 2019.
The unemployment rate in 46408 stands at 11.3%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 46408 in Gary, IN is characterized as working-class, less-educated, a relatively young community, and predominantly owner-occupied. With 15,571 residents, a median household income of $47,063, and a median home value of $96,200, it offers a clear picture of life in this part of Indiana.