Income & Economy in Gary city, IN (46408)
Median Income
$47,063
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+716
Wealth inflow
Population
15,571
Unemployment
11.3%
7.6pp above US avg
IRS migration statistics show a net inflow of about 716 for ZIP 46408 (Gary 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 46408 (2020–Present)
Since 2020, population declined 3.2%, median income rose 0.0% (inflation-adjusted), home values increased 9.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,063 |
| Unemployment | 11.3% |
| Establishments | 202 |
| Employees | 2,053 |