In 2017, Gary, IN had a population of 77.4k people with a median age of 38.6 and a median household income of $29,293. Between 2016 and 2017 the population of Gary, IN declined from 77,858 to 77,416, a -0.568% decrease, and its median household income grew from $28,895 to $29,293, a 1.38% increase.
The population of Gary, IN is 80.2% Black or African American Alone, 11.8% White Alone, and 5.84% Hispanic or Latino. N/A% of the people in Gary, IN speak a non-English language, and 99% are U.S. citizens.
The largest universities in Gary, IN are Indiana University-Northwest (768 degrees awarded in 2017) and Lil Lou’s Beauty and Barber College LLC (30 degrees).
The median property value in Gary, IN is $66,300, and the homeownership rate is 52%. Most people in Gary, IN commute by Drove Alone, and the average commute time is 26.5 minutes. The average car ownership in Gary, IN is 1 car per household.
In 2017, universities in Gary, Indiana awarded 798 degrees. The student population of Gary, IN is skewed towards women, with 1,257 male students and 2,883 female students.
Most students graduating from Universities in Gary, IN are White (461 and 57.8%), followed by Black or African American (148 and 18.6%), Hispanic or Latino (128 and 16.1%), and Asian (29 and 3.64%).
The largest universities in Gary, IN by the number of degrees awarded are Indiana University-Northwest (768 and 96.2%) and Lil Lou’s Beauty and Barber College LLC (30 and 3.76%).
The most popular majors in Gary, IN are General Business (102 and 12.8%), Registered Nursing (72 and 9.02%), and Criminal Justice – Safety Studies (70 and 8.77%).
The median tuition costs in Gary, IN are $N/A for private four-year colleges, and $6,601 and $18,432 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Gary, IN employs 26k people and Gary has an unemployment rate of 7.2%. Gary has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%. The largest industries in Gary, IN are Health Care & Social Assistance (5,250 people), Manufacturing (3,333 people), and Retail Trade (2,925 people), and the highest paying industries are Utilities ($61,319), Agriculture, Forestry, Fishing & Hunting, & Mining ($45,114), and Manufacturing ($44,950).
Households in Gary, IN have a median annual income of $29,293, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $28,895 in 2016, which represents a 1.38% annual growth.
Tax Rates for Gary
– The Sales Tax Rate for Gary is 7.0%. The US average is 7.3%.
– The Income Tax Rate for Gary is 3.2%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Gary
– The average income of a Gary resident is $15,983 a year.
– The Median household income of a Gary resident is $27,458 a year.