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Area data

Gary, IN — ZIP 46406

Population: 9,001 (Census ACS)

Home values & appreciation

Median home value
$79,226
1-year appreciation
+2.3%
3-year appreciation
+4.6%
5-year appreciation
+33.8%
10-year appreciation
+180.9%
All-time peak (2024-12)
$83,364
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$75,000
Median list price
$95,500
Median days on market
6.5 days
Sale-to-list ratio
97.2%
Active listings
21
1-year forecast
+3.2%
New listings (monthly)
8

Rents

Typical rent
$1,348/mo
1BR fair-market rent
$960/mo
3BR fair-market rent
$1,430/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
4
Elementary schools
1
Middle schools
0
High schools
1
Charter schools
3

Natural hazards & flood risk

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

Climate (30-year normals)

Annual precipitation
43.8 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
6.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (12 mi)
Nearest airport
Gary/Chicago International Airport (GYY) (1 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (1 mi)
Hospitals nearby (~15 mi)
22
Avg hospital rating
2.2 / 5
EV charging stations (within 10 mi)
48
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
+154 tax filers

Housing stock

Median year housing built
1,962
Median annual property tax
$865
Mean commute to work
23 min
Households with broadband internet
68.1%

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