HomeIndianaLake CountyHammond city
Hammond city, Indiana: commercial real estate data.
Hammond city is a Census city of 76,768 people across 22.74 square miles of land, in Lake County. Median household income is $55,504, 62.4 percent of occupied homes are owned, and the SBA record carries 33 7(a) approvals to borrowers here worth $25.7 m.
76 sourced place values · tier FULL · 8 sections
Hammond
What Hammond is
- Census place typecity
- Land area22.74 sq mi
- Water area1.09 sq mi
- Population per square mile of land3,376
- 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.
Hammond
How many people live in Hammond
- Population76,768
- Median age36.0
- Population under 1818,012
- Share under 1823.5 percent
- Population 65 and over10,883
- Share 65 and over14.2 percent
- Households29,797
- Family households18,482
- Share of households that are families62.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hammond
Income and work in Hammond
- Median household income$55,504
- Per capita income$28,736
- Civilian labor force37,266
- Employed34,835
- Unemployed2,431
- Unemployment rate6.5 percent
- Adults 25 and over50,709
- Adults 25 and over with a high school diploma or higher83.1 percent
- Adults 25 and over with a bachelor degree or higher17.4 percent
- Adults 25 and over with a graduate degree4.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hammond
Housing in Hammond
- Housing units32,877
- Occupied units29,797
- Vacant units3,080
- Vacancy rate9.4 percent
- Owner occupied18,601
- Renter occupied11,196
- Ownership rate62.4 percent
- Median owner-occupied home value$159,900
- Median gross rent, monthly$1,134
- Annual rent as a share of median income24.5 percent
- Single family units25,182
- Share single family76.6 percent
- Units in buildings of two or more7,380
- Share in buildings of two or more22.4 percent
- Mobile homes315 plus or minus 129
- Median year structure built1952
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hammond
How Hammond gets to work
- Workers 16 and over who commute31,509
- Commuting under 15 minutes8,291
- Share commuting under 15 minutes26.3 percent
- Commuting 30 minutes or more11,139
- Share commuting 30 minutes or more35.4 percent
- Drove alone76.3 percent
- Carpooled11.4 percent
- Public transport1.8 percent plus or minus 0.6
- Walked2.3 percent plus or minus 0.7
- Worked from home6.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hammond
SBA 7(a) lending to Hammond borrowers
- Approvals33
- Gross approval$25,679,600
- Average approval$778,170
- Median approval$245,000
- Ninetieth percentile approval$2,875,000
- Largest approval$5,000,000
- Jobs supported336
- Jobs per approval10.2
- Loans with a final outcome7
- Paid in full7
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more24.2 percent
- Share to franchises18.2 percent
- Distinct lenders18
- Distinct industries by NAICS23
A charge-off rate is not published here. only 7 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hammond
SBA 504 lending to Hammond borrowers
- Approvals20
- Gross approval$13,222,000
- Average approval$661,100
- Median approval$422,000
- Largest approval$2,210,000
- Jobs supported120
- Loans with a final outcome6
- Charged off1
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake County, not Hammond
Lake County context, not Hammond figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hammond measurements.
- Establishments in Lake County10,566
- Employment at those establishments, Lake County171,790
- Covered employment, Lake County191,633
- Average annual pay, Lake County$61,200
- Average weekly wage, Lake County$1,177
- Housing units permitted, Lake County1,649
- Of those, single family, Lake County1,621
- County product, 2024, Lake County$31,242,109,000
- County product change over the prior year, Lake County3.3 percent
- Average income of an arriving household, Lake County$56,327
Every figure in this section is published for Lake County as a whole and is not a measurement of Hammond. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hammond questions, answered from the record.
How many people live in Hammond, Indiana?
76,768, in 29,797 households. Hammond city covers 22.74 square miles of land, which is 3,376 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hammond 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 Hammond?
$55,504. The median owner-occupied home is valued at $159,900. Median gross rent is $1,134 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hammond businesses?
33 7(a) approvals totalling $25.7 m, across 18 lenders, median approval $245,000, plus 20 504 approvals worth $13.2 m. These count approvals to borrowers whose address is in Hammond, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hammond borrowers get paid back?
No rate is published for Hammond. only 7 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Hammond figures?
No, and they are labelled 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 Hammond.
Is zoning published for Hammond?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.