46405 Income Statistics

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Comparison to Surrounding Areas

46405 Median Household Income

The median household income ($54,521) for 46405 is less than the median household income for 46342 ($68,808), 46368 ($71,188), Lake County ($66,375), and New Chicago town ($56,761). But it's more than 46402 ($26,101), 46403 ($44,315), 46407 ($26,502), 46409 ($39,554), Gary city ($36,874), and Lake Station city ($53,588).

46405	$54,521
Gary city	$36,874
Lake Station city	$53,588
New Chicago town	$56,761
Lake County	$66,375

46405 Average Household Income

The average household income ($66,051) for 46405 is less than the average household income for 46342 ($82,299), 46368 ($84,594), Lake County ($86,793), and New Chicago town ($70,774). But it's more than 46402 ($38,791), 46403 ($60,818), 46407 ($39,633), 46409 ($46,296), Gary city ($50,016), and Lake Station city ($64,271).

46405	$66,051
Gary city	$50,016
Lake Station city	$64,271
New Chicago town	$70,774
Lake County	$86,793

46405 Per-Capita Income

The per-capita income for 46405 is $24,822. The per capita income ($24,822) for 46405 is less than the per capita income for 46342 ($33,579), 46368 ($33,709), 46403 ($27,834), Lake County ($34,458), and New Chicago town ($25,618). But it's more than 46402 ($15,671), 46407 ($19,162), 46409 ($17,818), Gary city ($20,954), and Lake Station city ($24,258).

46405	$24,822
Gary city	$20,954
Lake Station city	$24,258
New Chicago town	$25,618
Lake County	$34,458

46405 High Income Households

1.1% of households make over $200,000 a year. The percent high income households (1.1%) for 46405 is more than 46409 (0.0%), 46368 (5.6%), 46402 (0.9%), 46403 (2.9%), 46407 (1.4%), 46342 (3.1%), Lake County (6.6%), Gary city (1.2%), Lake Station city (0.9%), and New Chicago town (1.5%).

46405	1.1%
Gary city	1.2%
Lake Station city	0.9%
New Chicago town	1.5%
Lake County	6.6%

46405 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
46405	$54,348	$48,778	$64,167	$54,219
Gary city	$24,737	$30,616	$45,299	$40,752
Lake Station city	$-1	$54,550	$54,740	$52,222
New Chicago town	$-1	$84,091	$62,250	$40,357
Lake County	$38,548	$70,231	$83,584	$50,056

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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 46405 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19049 Median Household Income in the Past 12 Months (in 2022 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
46405	+/-$5,891	+/-$8,467	+/-$3,099	+/-1.0%	+/-$19,505	+/-$12,155	+/-$22,471	+/-$18,910
Gary city	+/-$2,220	+/-$1,690	+/-$816	+/-0.4%	+/-$8,073	+/-$3,892	+/-$3,854	+/-$2,692
Lake Station city	+/-$5,179	+/-$7,501	+/-$2,913	+/-0.9%	+/-$-1	+/-$9,452	+/-$21,916	+/-$21,657
New Chicago town	+/-$10,983	+/-$9,295	+/-$2,575	+/-1.6%	+/-$-1	+/-$29,725	+/-$19,825	+/-$19,908
Lake County	+/-$1,228	+/-$1,480	+/-$556	+/-0.4%	+/-$7,435	+/-$2,857	+/-$2,839	+/-$1,283