Area data
Gary, IN — ZIP 46407
Population: 8,577 (Census ACS)
Home values & appreciation
- Median home value
- $57,287
- 1-year appreciation
- -0.3%
- 3-year appreciation
- +5.2%
- 5-year appreciation
- +23.8%
- 10-year appreciation
- +175.1%
- All-time peak (2025-02)
- $60,756
- House Price Index
- 367.2 (+2.9% YoY)
Market activity
- Median sale price
- $53,000
- Median list price
- $56,250
- Median days on market
- 36 days
- Sale-to-list ratio
- 91.8%
- Active listings
- 64
- 1-year forecast
- +0.6%
- New listings (monthly)
- 13
Rents
- Typical rent
- $1,169/mo
- 1BR fair-market rent
- $880/mo
- 3BR fair-market rent
- $1,310/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
- 3
- Middle schools
- 0
- High schools
- 0
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
- 43.6 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
- 11.3 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Indiana Dunes National Park (13 mi)
- Nearest airport
- Hobart Sky Ranch Airport (4 mi)
- Nearest major airport
- Gary/Chicago International Airport (GYY) (5 mi)
- Hospitals nearby (~15 mi)
- 20
- Avg hospital rating
- 2.3 / 5
- EV charging stations (within 10 mi)
- 32
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Migration
- Net migration
- +154 tax filers
Housing stock
- Median year housing built
- 1,956
- Median annual property tax
- $659
- Mean commute to work
- 23 min
- Households with broadband internet
- 56.0%
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 →