ZIP Code 46409 — Gary city, IN Demographics & Data

ZIP code 46409 covers Gary, IN in Lake County with a population of about 7,072.

At a glance, the area shows median age of 35.3 versus a U.S. median of about 38.9.

It sits in telephone area code 219; U.S. House district IN-1; the CHICAGO media market.

Gary, IN sits in a university / college context (near indiana university-northwest (0.9 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 46409 is about $40,637 — about 46% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 26.7%; unemployment rate near 15.7%; 12.3% of adults with a bachelor’s degree or higher (about 21.4 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Transportation; about 2.7% of workers reporting work-from-home (about 12.5 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $73,300 — about 79% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $813 (about 30% below the U.S. median rent ($1,163)), and owner-occupancy near 44.5% (about 20.9 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 46409 in Gary, IN, a household would need roughly $20,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $471. That sits below the local median household income ($40,637), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Gary city, IN as Relatively High (composite score 95.9), which is among the highest nationally. The strongest component scores on US5 are flood (96.2) and wildfire (66.1). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Gary city, IN show little to no average snow and around 39.2 inches of annual precipitation.

IRS migration statistics show a net inflow of about 325 for ZIP 46409 (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.