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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
63%
38%
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 Market43
Sale-to-List Ratio1.0%
Price Drops26.8%
Homes Sold33
Active Inventory97
Price Per Sq Ft$142

Ownership & Stock

Owner-Occupied62.5%
Renter-Occupied37.5%
Homeownership Rate62.5%
Total Housing Units32,361
Median Year Built1951
Rent Burden31.0%