Hammond, IN
Population 77,098 · Indiana
About Hammond, IN
Hammond is a mid-sized city located in Indiana with a population of 77,098 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,950 per year, which is 28% below the national median of $75,149. The median age of 37.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hammond features a median home value of $141,700, which is 42% below the national median of $244,900. This makes Hammond one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,089, 6% below the national average of $1,163/month. Of the 32,548 total housing units, 63% are owner-occupied (18,394 units) and 37% are renter-occupied (11,025 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hammond shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.2%, above the national average of 12.4%. Workers in Hammond have an average one-way commute time of 25 minutes.
Education & Demographics
15.4% of Hammond residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 33.6% White, 2.0% Hispanic or Latino, 5.0% Black or African American, and 2.2% Asian residents, with 11.3% of the population being foreign-born.
How Hammond Ranks in Indiana
Cost of Living in Hammond, IN
Compared to national averages, Hammond has a median household income of $53,950 (28% below the national median of $75,149). Home values average $141,700, which is 42% below the national median. Monthly rent at $1,089 is 6% below the US average of $1,163. Within Indiana, Hammond's income is 22% below the state average of $69,330, and home values are 13% below the state median of $163,409.
Why Live in Hammond, IN?
Hammond offers affordable housing with a median home value of $141,700, below the US average of $244,900, and rent that’s lower than the national average at $1,089/month.
Potential considerations include median household income ($53,950) that falls below the national average. However, as a mid-sized city, Hammond provides access to a wide range of amenities and services.
Hammond has a population of 77,098 with a median age of 37.1 years. Compare Hammond with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Hammond
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bloomington | 78,791 | $48,918 | $289,700 | Compare |
| Noblesville | 71,940 | $102,319 | $321,800 | Compare |
| Lafayette | 70,650 | $52,946 | $157,600 | Compare |
| Gary | 68,604 | $37,380 | $85,300 | Compare |
| Muncie | 64,739 | $43,395 | $92,000 | Compare |
| Greenwood | 64,237 | $78,765 | $248,700 | Compare |
| Kokomo | 59,375 | $54,195 | $126,500 | Compare |
| Terre Haute | 58,491 | $41,960 | $109,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hammond With Other Cities
Frequently Asked Questions about Hammond
What is the population of Hammond, IN?
The population of Hammond, IN is 77,098 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Indiana.
What is the median household income in Hammond?
The median household income in Hammond, IN is $53,950 per year, which is 28% below the national median of $75,149.
What is the median home value in Hammond?
The median home value in Hammond, IN is $141,700, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hammond?
The median monthly rent in Hammond, IN is $1,089, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Hammond?
The unemployment rate in Hammond, IN is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hammond, IN a good place to live?
Hammond offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 77,098 and a median age of 37.1, the city appeals to a broad range of residents.
How educated is Hammond, IN?
15.4% of residents in Hammond aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Hammond?
Key cost-of-living indicators for Hammond, IN: median home value is $141,700 (42% below national), median rent is $1,089/month, and median household income is $53,950. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hammond?
The poverty rate in Hammond, IN is 19.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hammond, IN?
Hammond's population is 33.6% White, 2.0% Hispanic or Latino, 5.0% Black or African American, 2.2% Asian, and 22.9% two or more races. 11.3% of residents are foreign-born.