Indianapolis city (balance) vs Hammond: Housing
| Indianapolis city (balance) | Hammond | |
|---|---|---|
| Median Home Value | $224,800 | $159,900 |
| Median Gross Rent | $1,156/mo | $1,134/mo |
| Homeownership Rate | 56.0% | 62.4% |
| Rent as Share of Income | 20.9% | 24.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.