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Economy in Hammond, Indiana

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyHammond, INUnited States
Unemployment Rate9.90%9.10%
Recent Job Growth-2.91%-0.12%
Future Job Growth24.28%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.90%6.25%
Income per Cap.$18,140$27,067
Household Income$39,020$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.15%12.10%
Income between 15K and 25K13.63%10.18%
Income between 25K and 35K13.62%10.56%
Income between 35K and 50K17.94%14.98%
Income between 50K and 75K20.88%19.53%
Income between 75K and 100K8.87%12.52%
Income between 100K and 150K5.51%12.14%
Income between 150K and 250K0.82%3.91%
Income between 250K and 500K0.51%3.34%
Income greater than 500K0.07%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.84%13.81%
Professional and Related Occupations16.60%22.68%
Service17.42%14.51%
Sales and Office27.09%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance10.49%9.37%
Production, Transportation, and Material Moving24.59%15.86%
Median Household Income

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