46342 Map

46342 Income Statistics

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Comparison to Surrounding Areas

46342 Median Household Income

The median household income ($72,163) for 46342 is less than the median household income for 46307 ($102,118), 46368 ($72,638), 46385 ($97,208), and Porter County ($85,828). But it's more than 46393 ($36,645), 46410 ($61,735), 46409 ($40,637), 46405 ($57,005), Lake County ($68,985), Wheeler CDP ($36,184), New Chicago town ($54,700), Merrillville town ($64,791), Lake Station city ($56,306), and Hobart city ($71,680).

46342$72,163
Lake Station city$56,306
New Chicago town$54,700
Wheeler CDP$36,184
Hobart city$71,680
Merrillville town$64,791
Porter County$85,828
Lake County$68,985

46342 Average Household Income

The average household income ($87,176) for 46342 is less than the average household income for 46307 ($116,807), 46368 ($88,733), 46385 ($132,324), Lake County ($90,364), Porter County ($107,336), and Hobart city ($87,255). But it's more than 46410 ($79,463), 46393 ($50,098), 46405 ($70,954), 46409 ($67,273), Lake Station city ($69,872), Merrillville town ($82,083), New Chicago town ($71,267), and Wheeler CDP ($48,284).

46342$87,176
Lake Station city$69,872
New Chicago town$71,267
Wheeler CDP$48,284
Hobart city$87,255
Merrillville town$82,083
Porter County$107,336
Lake County$90,364

46342 Per-Capita Income

The per-capita income for 46342 is $34,811. The per capita income ($34,811) for 46342 is less than the per capita income for 46410 ($35,166), 46307 ($42,205), 46368 ($35,172), 46385 ($49,873), Lake County ($35,973), Porter County ($42,814), Hobart city ($35,822), and Merrillville town ($35,768). But it's more than 46393 ($31,056), 46405 ($26,593), 46409 ($26,285), Lake Station city ($25,980), New Chicago town ($26,022), and Wheeler CDP ($30,861).

46342$34,811
Lake Station city$25,980
New Chicago town$26,022
Wheeler CDP$30,861
Hobart city$35,822
Merrillville town$35,768
Porter County$42,814
Lake County$35,973

46342 High Income Households

4.4% of households make over $200,000 a year. The percent high income households (4.4%) for 46342 is less than the percent high income households for 46410 (5.1%), 46307 (10.4%), 46368 (7.2%), 46385 (15.6%), Lake County (7.4%), Porter County (10.2%), Hobart city (5.0%), and Merrillville town (5.3%). But it's more than 46393 (0.0%), 46405 (1.5%), 46409 (2.6%), Lake Station city (1.3%), New Chicago town (1.9%), and Wheeler CDP (0.0%).

463424.4%
Lake Station city1.3%
New Chicago town1.9%
Wheeler CDP0.0%
Hobart city5.0%
Merrillville town5.3%
Porter County10.2%
Lake County7.4%

46342 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
46342$46,075$83,701$86,171$54,518
Lake Station city$55,882$60,865$55,883$52,893
New Chicago town$29,306$64,444$66,250$33,438
Wheeler CDP$-1$-1$36,118$-1
Hobart city$47,885$76,862$86,052$54,881
Merrillville town$48,496$78,771$83,662$40,706
Porter County$60,571$96,025$100,821$59,393
Lake County$39,475$72,942$85,525$52,528

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 46342 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
46342+/-$6,348+/-$5,577+/-$2,313+/-1.6%+/-$18,446+/-$12,624+/-$8,187+/-$8,082
Lake Station city+/-$5,210+/-$8,976+/-$3,423+/-1.1%+/-$37,084+/-$12,951+/-$17,461+/-$18,595
New Chicago town+/-$12,851+/-$10,718+/-$3,421+/-2.2%+/-$25,242+/-$47,178+/-$21,317+/-$8,790
Wheeler CDP+/-$21,066+/-$22,596+/-$13,669+/-33.2%+/-$-1+/-$-1+/-$23,055+/-$-1
Hobart city+/-$5,909+/-$5,712+/-$2,386+/-1.8%+/-$36,505+/-$16,020+/-$7,879+/-$9,048
Merrillville town+/-$8,429+/-$6,705+/-$2,915+/-2.3%+/-$25,554+/-$7,217+/-$11,335+/-$3,246
Porter County+/-$3,114+/-$2,862+/-$1,136+/-0.8%+/-$15,303+/-$5,833+/-$3,816+/-$3,842
Lake County+/-$1,259+/-$1,580+/-$597+/-0.6%+/-$6,093+/-$2,645+/-$3,520+/-$1,569