Zip 46327 (Hammond, IN) Economy


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The town of Hammond, IN is located in the 46327 zip code and is a great place to live. The 2 bedroom rent comes in at $950, much lower than the US average of $1,430, making it a great option for those looking for an affordable living situation. Additionally, the local Grocery Cost Index stands at 92, which is slightly below the national average of 100. There are many local businesses that make up this vibrant community including the popular eatery Barbee's Restaurant which serves classic American fare with a modern twist. For shopping needs, there is The Village Shopping Center where residents can find everything from clothing stores to furniture shops. Another major business in the area is Crown Point Community Hospital which provides quality healthcare services to its residents.

Hammond (zip 46327) has an unemployment rate of 8.5%. The US average is 6.0%.

Hammond (zip 46327) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Hammond (zip 46327)
- The Sales Tax Rate for Hammond (zip 46327) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hammond (zip 46327) 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 Hammond (zip 46327)
- The average income of a Hammond (zip 46327) resident is $13,772 a year. The US average is $28,555 a year.
- The Median household income of a Hammond (zip 46327) resident is $47,862 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHammond, IndianaUnited States
  8.56
  -7.1%-6.2%
  27.8%33.5%
  7.0%6.2%
  4.7%4.6%
  $20,127$37,638
  $47,862$69,021
  $48,465$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.5%6.8%
  22.5%10.0%
  1.9%2.5%
  9.1%11.0%
  4.7%4.8%
  0.2%0.8%
  1.0%1.9%
  2.0%4.7%
  0.4%1.9%
  3.8%7.6%
  0.0%0.1%
  6.4%4.2%
  6.4%9.3%
  10.5%14.0%
  3.2%2.1%
  15.1%7.0%
  3.3%4.8%
  2.3%4.7%
Health