Gary, Indiana: commercial real estate data.
Gary is a Census city of 68,113 people across 49.93 square miles of land, in Lake County. Median household income is $38,731, 49.1 percent of occupied homes are owned, and the SBA record carries 41 7(a) approvals to borrowers here worth $25.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Gary
What Gary is
- Census place typecity
- Land area49.93 sq mi
- Water area0.73 sq mi
- Population per square mile of land1,364
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gary
How many people live in Gary
- Population68,113
- Median age36.5
- Population under 1819,446
- Share under 1828.5 percent
- Population 65 and over12,880
- Share 65 and over18.9 percent
- Households27,227
- Family households15,811
- Share of households that are families58.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gary
Income and work in Gary
- Median household income$38,731
- Per capita income$23,453
- Civilian labor force25,505
- Employed22,711
- Unemployed2,794
- Unemployment rate11.0 percent
- Adults 25 and over43,349
- Adults 25 and over with a high school diploma or higher86.4 percent
- Adults 25 and over with a bachelor degree or higher14.8 percent
- Adults 25 and over with a graduate degree5.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gary
Housing in Gary
- Housing units37,816
- Occupied units27,227
- Vacant units10,589
- Vacancy rate28.0 percent
- Owner occupied13,356
- Renter occupied13,871
- Ownership rate49.1 percent
- Median owner-occupied home value$94,700
- Median gross rent, monthly$1,012
- Annual rent as a share of median income31.4 percent
- Single family units29,285
- Share single family77.4 percent
- Units in buildings of two or more7,579
- Share in buildings of two or more20.0 percent
- Mobile homes936 plus or minus 219
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gary
How Gary gets to work
- Workers 16 and over who commute20,259
- Commuting under 15 minutes4,146
- Share commuting under 15 minutes20.5 percent
- Commuting 30 minutes or more7,444
- Share commuting 30 minutes or more36.7 percent
- Drove alone74.7 percent
- Carpooled13.0 percent
- Public transport1.9 percent plus or minus 0.8
- Walked1.0 percent plus or minus 0.5
- Worked from home6.6 percent plus or minus 1.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gary
SBA loans in Gary (7(a))
- Approvals41
- Gross approval$25,005,200
- Average approval$609,883
- Median approval$217,500
- Ninetieth percentile approval$2,010,500
- Largest approval$4,899,700
- Jobs supported478
- Jobs per approval11.7
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more26.8 percent
- Share to franchises7.3 percent
- Distinct lenders20
- Distinct industries by NAICS28
Counted by borrower city: approvals to borrowers whose address is in Gary, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gary
SBA loans in Gary (504)
- Approvals14
- Gross approval$8,284,000
- Average approval$591,714
- Median approval$224,500
- Largest approval$2,425,000
- Jobs supported115
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Gary, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Gary
Flood risk in Gary
- NFIP communityCity of Gary
- NFIP community number180132
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/26/23
The City of Gary participates in the National Flood Insurance Program as community 180132 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lake County, not Gary
Lake County context, not Gary figures
- Establishments in Lake County10,566
- Covered employment, Lake County191,633
- Average annual pay, Lake County$61,200
- Housing units permitted, Lake County1,649
Every figure in this section is published for Lake County as a whole and is not a measurement of Gary.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Gary questions, answered from the record.
How many people live in Gary, Indiana?
68,113, in 27,227 households. Gary city covers 49.93 square miles of land, which is 1,364 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Gary in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Gary?
$38,731. The median owner-occupied home is valued at $94,700. Median gross rent is $1,012 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Gary businesses?
41 7(a) approvals totaling $25.0 m since FY2020, across 20 lenders, median approval $217,500, plus 14 504 approvals worth $8.3 m since FY2010. These count approvals to borrowers whose address is in Gary, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Gary borrowers get paid back?
No rate is published for Gary. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Gary in the National Flood Insurance Program?
Yes. Gary appears in the FEMA Community Status Book as Gary, city of, community 180132, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Gary figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Gary.
Is zoning published for Gary?
No. Nothing on this page presents parcel level zoning.