Gary, IN 46407 is a city located in the northwestern corner of Indiana. It has a population of just over 80,000 people. The average rent for a two-bedroom apartment in Gary is $860 which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index is 90 compared to 100 in the US.
Residents of Gary enjoy many amenities within their city as well as close access to Chicago and other larger cities. Popular local business include G & J Trucking Company, H & M Sheet Metal Works, Inc., and Abide Home Care Agency. Each of these businesses provide great services to the residents of 46407 Gary, IN and are part of what makes this city so vibrant and unique.
Gary (zip 46407) has an unemployment rate of 13.0%. The US average is 6.0%.
Gary (zip 46407) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Gary (zip 46407)
- The Sales Tax Rate for Gary (zip 46407) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gary (zip 46407) is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Gary (zip 46407)
- The average income of a Gary (zip 46407) resident is $17,133 a year. The US average is $37,638 a year.
- The Median household income of a Gary (zip 46407) resident is $26,613 a year. The US average is $69,021 a year.