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Area data

Gary, IN — ZIP 46404

Population: 15,428 (Census ACS)

The median home value in ZIP 46404 (Gary, IN) is $97,431 — up 5.3% over the past year. Homes sell for a median $137,000 after a median 63.5 days on market. Typical rent runs $1,390/month. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with coldwave, tornado, inlandflooding the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$97,431

Median home value

+5.3%

1-year change

63.5

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$97,431
1-year appreciation
+5.3%
3-year appreciation
+14.1%
5-year appreciation
+33.2%
10-year appreciation
+199.9%
All-time peak (2026-07)
$97,431
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$137,000
Median list price
$129,950
Median price per sqft
$84
1-year sale-price change
+9.7%
Median days on market
63.5 days
Homes sold (recent period)
48
For-sale inventory
43
Sale-to-list ratio
94.8%
Active listings
33
1-year forecast
+2.9%
Days to pending
88 days
New listings (monthly)
13

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,390/mo
1-year rent change
+7.7%
Studio fair-market rent
$870/mo
1BR fair-market rent
$990/mo
2BR fair-market rent
$1,200/mo
3BR fair-market rent
$1,470/mo
4BR fair-market rent
$1,590/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

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%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Schools include
Beveridge Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
coldWave, tornado, inlandFlooding, lightning, strongWind
Notable hazard ratings (county)
coldWave: Very High · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Moderate · iceStorm: Relatively Moderate · inlandFlooding: Relatively High
FEMA flood zone
C
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 32% of US counties
Buildings in wildfire direct-exposure zone
9.5%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
5
Nearest Superfund site
Lake Sandy Jo (M&M Landfill) (1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
43.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
55
Days with Good air quality
125
Days with Moderate air quality
222
Days with Unhealthy air quality
1
Highest AQI recorded (year)
215

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
7.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
113,068
Jobs reachable by transit (45 min)
111,322

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (14 mi)
National parks include
Pullman National Historical Park, Indiana Dunes National Park
Airports within 30 mi
24
Nearest airport
Gary/Chicago International Airport (GYY) (3 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (3 mi)
Hospitals nearby (~15 mi)
24
Hospitals include
MT SINAI HOSPITAL MEDICAL CENTER, ROSELAND COMMUNITY HOSPITAL, THE UNIVERSITY OF CHICAGO MEDICAL CENTER
Avg hospital rating (CMS)
2.1 / 5
Best hospital rating nearby (CMS)
4.0 / 5
EV charging stations (within 10 mi)
28
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+154 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,958
Housing built before 1970
74.2%
Housing built 2000 or later
5.6%
Median annual property tax
$917
Mean commute to work
23 min
Households with broadband internet
71.0%

Source: Census ACS 5-year estimates (ZIP-level)

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

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 46404State medianUS median
Median home value$97,431$237,170$289,727
Median sale price$137,000$238,000$325,000
Median days on market64 days38 days51 days
Typical rent$1,390/mo$1,331/mo$1,808/mo
Median annual property tax$917$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 46404?
$97,431.
What is the median sale price in ZIP 46404?
$137,000.
How long do homes take to sell in ZIP 46404?
Median days on market: 63.5 days.
What is typical rent in ZIP 46404?
Typical rent: $1,390/month.
What is the natural-hazard risk in ZIP 46404?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coldWave, tornado, inlandFlooding, lightning, strongWind.
Is ZIP 46404 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone C.
What is the wildfire risk in ZIP 46404?
Risk to homes is higher than 32% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 46404?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 46404?
5 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Lake Sandy Jo (M&M Landfill), 1 mi.
How many schools serve ZIP 46404?
1 schools (1 elementary) (NCES, 2022-23).
Is ZIP 46404 walkable?
Walkability index: 7.0/20 (EPA Smart Location Database).
What is the air quality in ZIP 46404?
Moderate. Median AQI: 55. (EPA AQI).
What is the cost of living in ZIP 46404?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents