Economy in Hammond, Indiana
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Economy
| Unemployment Rate | 9.90% | 9.10% |
| Recent Job Growth | -2.91% | -0.12% |
| Future Job Growth | 24.28% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.90% | 6.25% |
| Income per Cap. | $18,140 | $27,067 |
| Household Income | $39,020 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.15% | 12.10% |
| Income between 15K and 25K | 13.63% | 10.18% |
| Income between 25K and 35K | 13.62% | 10.56% |
| Income between 35K and 50K | 17.94% | 14.98% |
| Income between 50K and 75K | 20.88% | 19.53% |
| Income between 75K and 100K | 8.87% | 12.52% |
| Income between 100K and 150K | 5.51% | 12.14% |
| Income between 150K and 250K | 0.82% | 3.91% |
| Income between 250K and 500K | 0.51% | 3.34% |
| Income greater than 500K | 0.07% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.84% | 13.81% |
| Professional and Related Occupations | 16.60% | 22.68% |
| Service | 17.42% | 14.51% |
| Sales and Office | 27.09% | 25.22% |
| Farming, Fishing, and Forestry | 0.02% | 0.68% |
| Construction, Extraction, and Maintenance | 10.49% | 9.37% |
| Production, Transportation, and Material Moving | 24.59% | 15.86% |
The unemployment rate in Hammond, IN, is 9.90%, with job growth of -2.91%. Future job growth over the next ten years is predicted to be 24.28%.
Hammond, IN Taxes
Hammond, IN,sales tax rate is 6.00%. Income tax is 4.90%.
Hammond, IN Income and Salaries
The income per capita is $18,140, which includes all adults and children. The median household income is $39,020.
Hammond Economy SperlingViews
06-10 upda. Im 20 and a resident not an official o: I am a resident of the area, has been my entire life. Growing up there were parts where I was nearly ashamed to be part of this community especially in the early2000's.... (read more)my home town: I've never lived anywhere else, but have traveled to many U. S. cities. Hammond is an average (okay, maybe less than average city). Housing is affordable, although taxes... (read more)Living in Hammond Indiana: Hammond Indiana is within easy commute to Chicago and the Downtown area either by car or train, offering you all the advantages of city living, but not at the city cost.... (read more)Have an opinion about Hammond? Leave a commentTo See All SperlingViews for Hammond Click Here