Income & Economy in Hammond city, IN (46394)
Median Income
$66,386
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+558
Wealth inflow
Population
12,141
Unemployment
8.8%
5.1pp above US avg
IRS migration statistics show a net inflow of about 558 for ZIP 46394 (Hammond city, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 46394 (2020–Present)
Since 2020, population declined 1.3%, median income rose 8.7% (inflation-adjusted), home values increased 6.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,386 |
| Unemployment | 8.8% |
| Establishments | 168 |
| Employees | 3,355 |