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Area data

Gary, IN — ZIP 46403

Population: 10,929 (Census ACS)

Home values & appreciation

Median home value
$150,501
1-year appreciation
-0.9%
3-year appreciation
+5.1%
5-year appreciation
+18.2%
10-year appreciation
+117.4%
All-time peak (2025-03)
$153,551
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$194,250
Median list price
$204,450
Median days on market
83.5 days
Sale-to-list ratio
97.3%
Active listings
26
1-year forecast
+1.9%
New listings (monthly)
14

Rents

Typical rent
$1,415/mo
1BR fair-market rent
$940/mo
3BR fair-market rent
$1,400/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
2
Middle schools
1
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, tornado, inlandFlooding, lightning, strongWind
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
43.6 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
55
Days with Good air quality
125
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
5.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Indiana Dunes National Park (9 mi)
Nearest airport
Hobart Sky Ranch Airport (4 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (8 mi)
Hospitals nearby (~15 mi)
17
Avg hospital rating
2.7 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
+154 tax filers

Housing stock

Median year housing built
1,960
Median annual property tax
$1,473
Mean commute to work
28 min
Households with broadband internet
69.3%

Employment & development

Total county employment
167,551
Average weekly wage
$1,153
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,605

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents