Census Tract 407
Open-data reference.
Lake County, Indiana · Hammond GEOID: 18089040700
Tract Snapshot: Census Tract 407, Lake County, IN
Census Tract 407 is located in Lake County, Indiana, inside the municipal boundary of Hammond, and contains a population of approximately 4,898 residents per Census ACS 2023 five-year estimates. Median household income here is $80,288 — a figure the Census Bureau classifies as "Near National Median" when compared with the 2023 national median near $77,000. Median gross rent sits at $1,182 per month, a useful benchmark for renters comparing local housing costs against nearby neighborhoods. Typical owner-occupied homes are valued around $210,400. The tract's poverty rate is 3.4%, measured as the share of residents with income below the federal poverty threshold.
Census tracts are small, relatively permanent statistical subdivisions of a county designed by the U.S. Census Bureau to contain roughly 1,200 to 8,000 residents, with boundaries held stable across decades so researchers can track neighborhoods over time. Tract-level figures from the American Community Survey are five-year rolling averages rather than snapshots — that smoothing reduces year-to-year noise in small areas but also means the numbers you see here describe the period ending in the reference year rather than a single moment. For context, we link back to the parent city and state pages where you can compare this tract against its neighbors.
Source: U.S. Census Bureau — American Community Survey 5-Year 2023 · GEOID: 18089040700 · Note: ACS margins of error widen at tract level
Location
- Census Tract
- Tract 407
- GEOID (FIPS)
- 18089040700
- County
- Lake County
- State
- Indiana
- Nearest City
- Hammond
- Coordinates
- 41.562386, -87.449488
Income & Housing
Census ACS 5-Year 2023 estimates for this tract
| Metric | Value | Context | Source |
|---|---|---|---|
| Median Household Income | $80,288 | Near National Median vs. US ~$77,000 | ACS 2023 5-Year |
| Median Gross Rent | $1,182/mo | Includes utilities in estimate | ACS 2023 5-Year |
| Median Home Value | $210,400 | Owner-occupied units only | ACS 2023 5-Year |
| Poverty Rate | 3.4% | Below federal poverty threshold | ACS 2023 5-Year |
Explore More Data for Hammond, IN
What do people ask about Hammond, IN?
What is the population of Census Tract 407? +
Census Tract 407 in Lake County, Indiana has a population of approximately 4,898, based on U.S. Census Bureau ACS 2023 estimates.
What is the median household income in Census Tract 407? +
The median household income in Census Tract 407 (Lake County, IN) is $80,288, based on ACS 5-Year 2023 data. This is considered "Near National Median" relative to the national median of approximately $77,000.
What is the median rent in this area? +
The estimated median gross rent in Census Tract 407 is $1,182 per month, according to Census ACS 2023 data.
What is the poverty rate in Census Tract 407? +
Approximately 3.4% of residents in Census Tract 407 have income below the federal poverty threshold, based on Census ACS 2023 data.
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- Understanding Cost of Living — Compare income, housing, and poverty data across cities
- How to Read Census Data — Understand margins of error and ACS estimates
Source: U.S. Census Bureau ACS 5-Year Estimates 2023. Census tract boundaries and GEOID from 2023 TIGER/Line files. Population and income data may reflect margins of error for smaller tracts. Last updated: 2026 U.S. Census Bureau ACS 5-Year Estimates 2023. Census tract boundaries and GEOID from 2023 TIGER/Line files. Population and income data may reflect margins of error for smaller tracts. Last updated: 2026
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Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau ACS. Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.