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Home values, rents and more in ZIP code 46404 (Gary, IN)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$97,598
Metro: $356,000 · U.S.: $366,000
Home values, past year
+7.9%
Metro: +5.0% · U.S.: +1.2%
Population
15,428
ACS 2020–24
Median household income
$42,256
Metro: $90,887 · U.S.: $80,734
ZIP codes around 46404, shaded by typical home value46404464064631246408464024631946322463234640746409
  • Under $89k
  • $89k–$150k
  • $150k–$190k
  • $190k–$250k
  • $250k+
  • No data
ZIP codes around 46404, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 46404 is outlined.

How 46404 compares

The typical home in ZIP code 46404 (Gary, IN) is worth about $97,598, according to the Zillow Home Value Index for September 2026. Home values in 46404 are 73% below the typical value in the Chicago metro area ($356,000) and 73% below the U.S. typical value ($366,000).

Over the past year, home values in 46404 rose 7.9%, compared with +5.0% in the Chicago metro area and +1.2% nationally.

The median household income is $42,256, against $90,887 in the Chicago metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 15,428 people live in 46404 (American Community Survey 2020–24).

46404 has the 6th-lowest typical home value of the 367 ZIP codes in the Chicago metro area and the 14th-lowest of 697 in Indiana with Zillow figures.

Part of: Gary, IN · Lake County, IN · Chicago metro area · Indiana

More for 46404 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 46404 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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