Hammond, IN
Full City Profile · Indiana · Lake County County
2.9
/5.0
C+
Fair
77,098
Population
3,390/sq mi density
$53,950
Median Income
$27,089 per capita
$141,700
Home Value
$169,467 Zillow
$1,089
Median Rent
31.0% income on rent
50°F
Avg Temperature
275 sunny days/yr
419
Violent Crime/100K
3,713 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$53,950 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$141,700 home value, $1,089/mo rent
F
Safety
1.0 / 5.0
419 violent crimes/100K (10% above avg)
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher
Housing Overview
Median Home Value
$141,700
50% below
US avg: $281,900
Median Rent
$1,089/mo
6% below
US avg: $1,163/mo
Homeownership Rate
62.5%
4% below US avg (65.4%)
Total Housing Units
32,361
Median year built: 1951
Home Value by Source
Census Median
$141,700
Zillow (ZHVI)
$169,467
Median Sale Price
$189,900
Median List Price
$199,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.5%
Owner-Occupied
37.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,089/mo
· Zillow rent:
$1,417/mo
Market Indicators (Redfin)
Median Days on Market
43 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
33
Price Drops
26.8%
of listings with price reduction
Price Per Sq Ft
$142
Active Inventory
97
homes for sale
Affordability & Housing Stock
Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
62.5%
Complete Housing Data
Home Values
| Census Median Value | $141,700 |
| Zillow Home Value (ZHVI) | $169,467 |
| Median Sale Price | $189,900 |
| Median List Price | $199,900 |
| Price Per Sq Ft | $142 |
Rent
| Census Median Rent | $1,089 |
| Zillow Rent (ZORI) | $1,417 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 43 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.8% |
| Homes Sold | 33 |
| Active Inventory | 97 |
| Price Per Sq Ft | $142 |
Ownership & Stock
| Owner-Occupied | 62.5% |
| Renter-Occupied | 37.5% |
| Homeownership Rate | 62.5% |
| Total Housing Units | 32,361 |
| Median Year Built | 1951 |
| Rent Burden | 31.0% |
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