In 2017, Hammond, IN had a population of 77.8k people with a median age of 33.9 and a median household income of $44,427. Between 2016 and 2017 the population of Hammond, IN declined from 78,349 to 77,827, a -0.666% decrease, and its median household income grew from $41,685 to $44,427, a 6.58% increase.
The population of Hammond, IN is 39.3% White Alone, 36.6% Hispanic or Latino, and 21% Black or African American Alone. N/A% of the people in Hammond, IN speak a non-English language, and 93% are U.S. citizens.
The largest universities in Hammond, Indiana are Purdue University Northwest (2,475 degrees awarded in 2017), Calumet College of Saint Joseph (310 degrees), and Brightwood College-Hammond (231 degrees).
The median property value in Hammond, IN is $87,600, and the homeownership rate is 59.7%. Most people in Hammond, IN commute by Drove Alone, and the average commute time is 26.4 minutes. The average car ownership in Hammond, IN is 2 cars per household.
In 2017, universities in Hammond, IN awarded 3,016 degrees. The student population of Hammond, IN is skewed towards women, with 5,610 male students and 7,593 female students.
Most students graduating from Universities in Hammond, IN are White (1,705 and 61.7%), followed by Hispanic or Latino (465 and 16.8%), Black or African American (386 and 14%), and Asian (83 and 3%).
The largest universities in Hammond, IN by the number of degrees awarded are Purdue University Northwest (2,475 and 82.1%), Calumet College of Saint Joseph (310 and 10.3%), and Brightwood College-Hammond (231 and 7.66%).
The most popular majors in Hammond, IN are Registered Nursing (845 and 28%), General Business Administration & Management (249 and 8.26%), and Engineering & Industrial Management (131 and 4.34%).
The median tuition costs in Hammond, IN are $17,650 for private four-year colleges, and $6,419 and $15,381 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Hammond, IN employs 33.4k people and Hammond has an unemployment rate of 5.2%. Hammond 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 27.8%, which is lower than the US average of 33.5%. The largest industries in Hammond, IN are Manufacturing (5,525 people), Health Care & Social Assistance (4,068 people), and Retail Trade (3,998 people), and the highest paying industries are Utilities ($83,073), Professional, Scientific, & Technical Services ($46,694), and Manufacturing ($41,951).
Households in Hammond, IN have a median annual income of $44,427, 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 $41,685 in 2016, which represents a 6.58% annual growth.
Tax Rates for Hammond
– The Sales Tax Rate for Hammond is 7.0%. The US average is 7.3%.
– The Income Tax Rate for Hammond 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 Hammond
– The average income of a Hammond resident is $18,460 a year.
– The Median household income of a Hammond resident is $39,771 a year.