46403 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 46403 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 46403, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

46403 is a zip code in Lake County, Indiana, which covers County subdivisions not defined and Calumet, with a total population of 12,992 people.

Median Household Income

According to the latest ACS 5-year survey in 2020, the median household income in 46403 is $37,927.00.

The chart below shows the average household income by age in 46403.

  • Under 25
    $10,774.00
  • 25 to 44
    $27,683.00
  • 45 to 64
    $47,712.00
  • 65 and over
    $47,863.00

Average Household Income

A very commonly asked question is "what is the average household income in the 46403 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 46403 is $54,597.00.

2.60% of households in the 46403 zip code are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for 46403 but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for 46403

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 46403 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    36.83%
  • $25,000 to $49,999
    24.21%
  • $50,000 to $74,999
    14.09%
  • $75,000 to $99,999
    10.32%
  • $100,000 to $149,999
    9.87%
  • $150,000 to $199,999
    2.08%
  • $200,000 or more
    2.60%

Per Capita Income

The per capita income is the average income of all people in the 46403 zip code. This is calculated by dividing the total income of all people in 46403 by the total number of people in 46403.

It differs from the average or mean household income because it includes all people in 46403 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 46403 zip code is $23,888.00.

Population in 46403 by Race and Ethnicity

The total population in 46403 is currently 12,992 people.

The race and ethnicity of the population in 46403 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 46403 zip code.

  • 20.00% White
    2,602
  • 63.70% Black/African American
    8,277
  • 0.10% Native
    13
  • 12.00% Hispanic
    1,560
  • 0.40% Asian
    58
  • 0.00% Hawaiian/Pacific Islander
    0
  • 2.00% Two or more races
    265
  • 1.70% Other
    217

Population of 46403 by Age and Gender

Another very important demographics statistic for the 46403 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 608 1,309
10 to 19 Years 810 486
20 to 29 Years 696 648
30 to 39 Years 996 803
40 to 49 Years 596 866
50 to 59 Years 746 886
60 to 69 Years 842 1,278
70 Years and over 870 552

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 46403 zip code.

  • Master's degree or higher
    12.14%
  • Bachelor's degree
    20.53%
  • Some college or associate's degree
    9.24%
  • High school diploma or equivalent
    56.51%
  • Less than high school diploma
    1.58%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 46403 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 46403 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 46403 zip code that are over the age of 16.

The current population in 46403 that are over the age of 16 is 10,262 people.

The unemployment rate in 46403 is 49.30%, which means 5,059 people are unemployed.

Median Age in 46403

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 46403 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 46403 is 40.8 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 46403

40.8

Total

39.7

Male

41.1

Female

Households and Families

There are a total of 5,534 households in 46403, and the average household size is 2.31 people.

For families, the total number is 3,294, and the average family size is 2.93 people.

29.20% of those families in the 46403 zip code are living below the poverty line.

The table below shows the poverty thresholds for 46403 in 2022.

Household Size Poverty Threshold
1 Person $13,590.00
2 People $18,310.00
3 People $23,030.00
4 People $27,750.00
5 People $32,470.00
6 People $37,190.00
7 People $41,910.00
8 People $46,630.00

Please note that the poverty thresholds shown above are from 2022, while the latest demographics data we have is from 2020.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in the 46403 zip code for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 1,631 578 1,085 2,240
Average Household Size 2.72 3.49 3.38 1.19
Total Families 1,631 578 1,085 0
Average Household Size 2.72 2.96 3.24 0

Housing Data in 46403

There are total of 6,753 housing units in the 46403 zip code. Of those units, 5,534 (81.95%) are occupied, and 1,219 (18.05%) are vacant.

Rental Rates

Of the 6,753 housing units in 46403, 2,727 (40.38%) are occupied by renters. The median rent paid by renters is $792.00.

Owner occupied housing units make up the remaining 40.46% of housing units, with 2,732 housing units in total.

The table below breaks down how much rent is paid by renters in the 46403 zip code.

  • No rent paid
    75
  • Less than $500
    277
  • $500 to $999
    1,812
  • $1,000 to $1,499
    626
  • $1,500 to $1,999
    12
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in 46403 is $89,800.00.

The table below breaks down the range of valuations for all properties in 46403.

  • Less than $50,000
    429
  • $50,000 to $99,999
    1,102
  • $100,000 to $149,999
    491
  • $150,000 to $199,999
    255
  • $200,000 to $299,999
    236
  • $300,000 to $499,999
    166
  • $500,000 to $999,999
    39
  • $1,000,000 or more
    14

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 46403 zip code.

  • 1939 or earlier
    716
  • 1940 to 1949
    674
  • 1950 to 1959
    1,987
  • 1960 to 1969
    1,141
  • 1970 to 1979
    981
  • 1980 to 1989
    617
  • 1990 to 1999
    490
  • 2000 to 2009
    147
  • 2010 to 2013
    0
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 46403 has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    819
  • 1 vehicle available
    2,462
  • 2 vehicles available
    1,698
  • 3 or more vehicles available
    555

Commuting to Work in 46403

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 46403 zip code, how they commute, and how that correlates to other data points.

The average travel time is 33.7 minutes, and the chart below covers the range of travel times across the population of 46403.

  • Less than 5 minutes
    77
  • 5 to 9 minutes
    128
  • 10 to 14 minutes
    324
  • 15 to 19 minutes
    509
  • 20 to 24 minutes
    433
  • 25 to 29 minutes
    316
  • 30 to 34 minutes
    1,154
  • 35 to 39 minutes
    184
  • 40 to 44 minutes
    189
  • 45 to 59 minutes
    451
  • 60 to 89 minutes
    559
  • 90 or more minutes
    161

We can also look at the means of transport in 46403 to see which modes of transport people are using to commute to work.

  • Drove alone
    3,554
  • Carpooled
    421
  • Public transportation
    416
  • Walked
    94
  • Other means
    0
  • Worked from home
    87

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 46403 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 46403.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "46403 Zip Code Income, Population and Demographics". NameCensus.com. Accessed on December 1, 2022. https://namecensus.com/demographics/indiana/46403/.

  • "46403 Zip Code Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/indiana/46403/. Accessed 1 December, 2022

  • 46403 Zip Code Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/indiana/46403/.