46402 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
46407
46402
Opportunity
30 · Bottom 9%
vs30 · Bottom 9%
Growth
40 · Bottom 33%
vs40 · Bottom 33%
Climate
62 · Bottom 21%
vs62 · Bottom 21%
Physical resilience
81 · Top 23%
vs81 · Top 23%
Housing affordability
61 · Bottom 23%
vs65 · Bottom 29%
Access
97 · Top 32%
vs97 · Top 32%
Economic stability
8 · Bottom 1%
vs7 · Bottom 1%
Measured values
| Metric | 46407 | 46402 | Source period |
|---|---|---|---|
| Population | 8,577 | 5,836 | 2024 ACS 5-Year |
| Median household income | $28,526 | $33,529 | 2024 ACS 5-Year |
| Per capita income | $23,147 | $19,741 | 2024 ACS 5-Year |
| Population density | 2,054/sq mi | 692/sq mi | 2024 ACS 5-Year |
| Median home value | $60,200 | $85,400 | 2024 ACS 5-Year |
| Median gross rent | $868 | $951 | 2024 ACS 5-Year |
| Homeownership rate | 41.2% | 43.4% | 2024 ACS 5-Year |
| Unemployment rate | 7.6% | 7.6% | June 2026 |
| Employment change (year over year) | 0.3% | 0.3% | June 2026 |
| Bachelor's degree or higher | 12.9% | 10.7% | 2024 ACS 5-Year |
| Poverty rate | 39.1% | 44.7% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 10 | 10 | 12 months ending July 2026 |
| Permits per 1,000 residents | 0.1 | 0.1 | 12 months ending July 2026 |
| Permit change (year over year) | 25.0% | 25.0% | 12 months ending July 2026 |
| Average July high | 85°F | 85°F | 1991-2020 Normals |
| Average January low | 18°F | 18°F | 1991-2020 Normals |
| Annual precipitation | 33.4" | 33.4" | 1991-2020 Normals |
| Distance to major airport | 5 mi | 4 mi | NASR current cycle |
| Average commute | 27.1 min | 25.7 min | 2024 ACS 5-Year |
| Median age | 36.9 | 33.5 | 2024 ACS 5-Year |
| Public schools | 3 | 2 | 2024-25 school year |
| Students per teacher | 16.96 | 118.00 | 2024-25 school year |
| Free or reduced-price lunch eligibility | 59.5% | 69.9% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Full profiles: 46407 — Gary, IN · 46402 — Gary, IN · How this is calculated: methodology