Hobart, IN · standard
ZIP Code 46342
Lake County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 31,244
- 343/sq mi
- $75,521
- Median income
- $213,000
- Median home value
- 20.5%
- Bachelor's or higher
The verdict
Hobart pairs an above-median household income with below-median home values, in a low-density, homeowner-dominated area.
- Top 44%
- household income, US ZIPs
- 47th pct
- home value, US ZIPs
- 343
- people per sq mi
- 74%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46342 against every reporting US ZIP.
ZIP code 46342 is a densely settled ZIP (a standard USPS delivery area) in Hobart, Lake County, Indiana, with 31,244 residents across 91.2 square miles, a density of 343 people per square mile, in the Chicago time zone.
ZIP 46342 lands in the middle-income range, with a median household income of $75,521 (3% above the Indiana average), while per-capita income is $36,214. 11.2% of residents live below the poverty line, and the unemployment rate reads 3.3%. Housing costs here run $213,000 for a typical home value (10% above the state average), with rent averaging $1,132 a month; 74.1% of homes are owner-occupied.
Educational attainment sits below the national norm: 20.5% of adults hold a bachelor's degree or higher, the median age is 39.4, and the average commute is 26 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Lake County, letting you compare 46342 to its immediate surroundings rather than a national baseline alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 46342
Top 5 sectors by establishment count in Hobart, IN
Which industries have the most business establishments in ZIP 46342.
- Retail trade
Retail trade
83 establishments
- Other services (except public administration)
Other services (except public administration)
75 establishments
- Health care and social assistance
Health care and social assistance
65 establishments
- Accommodation and food services
Accommodation and food services
63 establishments
- Construction
Construction
45 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 46342, Hobart, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
31,244
Population
91.2
Area (sq mi)
343
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 46342?
39.4
Median Age
49.5%
Male
50.5%
Female
5.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$75,521
Median Household Income
+3% vs state
$36,214
Per Capita Income
11.2%
Poverty Rate
3.3%
Unemployment Rate
26.3 min
Mean Commute Time
How ZIP 46342 ranks nationally
Hobart, IN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$75,521 Top 44% higher than 56% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
13,931
Total Housing Units
13,053
Occupied Units
878
Vacant Units
2.45
Avg Household Size
Occupancy Type
$213,000
Median Home Value
+10% vs state
$1,132
Median Rent
1971
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+0.9%
YoY Change (2024)
213
HPI Index (2000 = 100)
+113%
Total Change Since 2000
Home values in ZIP 46342 have increased 0.9% over the past year (2024). Since 2000, this ZIP has seen +113% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.4% | 147 |
| 2021 | +13.4% | 167 |
| 2022 | +12.6% | 188 |
| 2023 | +12.3% | 211 |
| 2024 | +0.9% | 213 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 525 business establishments in ZIP 46342, employing approximately 7,666 people with a combined annual payroll of $377,050,000.
525
Businesses
7,666
Employees
$377.1M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 83 | 15.8% |
| Other services (except public administration) | 75 | 14.3% |
| Health care and social assistance | 65 | 12.4% |
| Accommodation and food services | 63 | 12.0% |
| Construction | 45 | 8.6% |
| Professional, scientific, and technical services | 35 | 6.7% |
| Wholesale trade | 27 | 5.1% |
| Finance and insurance | 26 | 5.0% |
| Administrative and support and waste management and remediation services | 26 | 5.0% |
| Real estate and rental and leasing | 23 | 4.4% |
| Transportation and warehousing | 21 | 4.0% |
| Manufacturing | 12 | 2.3% |
| Arts, entertainment, and recreation | 11 | 2.1% |
| Information | 5 | 0.9% |
| Educational services | 5 | 0.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 46342 vs 46405 →
ZIP 46342 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46385
Valparaiso (46385)
38,866 residents
- 46368
Portage (46368)
38,691 residents
- 46410
Merrillville (46410)
38,340 residents
- 46342
Hobart (46342)
31,244 residents
- 46408
Gary (46408)
17,030 residents
- 46407 12,656
Gary (46407)
12,656 residents
- 46403 12,601
Gary (46403)
12,601 residents
- 46405 11,746
Lake Station (46405)
11,746 residents
- 46409 8,932
Gary (46409)
8,932 residents
What this shows Among its immediate neighbors, ZIP 46342 ranks #4 by population - useful context the national average alone can't give.
ZIP 46342 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46385
Valparaiso (46385)
$98,957 median income
- 46368
Portage (46368)
$76,368 median income
- 46342
Hobart (46342)
$75,521 median income
- 46410
Merrillville (46410)
$64,127 median income
- 46405
Lake Station (46405)
$60,881 median income
- 46393
Wheeler (46393)
$56,250 median income
- 46408
Gary (46408)
$47,453 median income
- 46403
Gary (46403)
$45,991 median income
- 46409
Gary (46409)
$44,667 median income
What this shows By household income, ZIP 46342 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 46405 | Lake Station, IN | 11,746 | 4.0 mi |
| 46393 | Wheeler, IN | 399 | 3.6 mi |
| 46403 | Gary, IN | 12,601 | 6.1 mi |
| 46409 | Gary, IN | 8,932 | 4.6 mi |
| 46410 | Merrillville, IN | 38,340 | 5.2 mi |
| 46368 | Portage, IN | 38,691 | 5.8 mi |
| 46407 | Gary, IN | 12,656 | 6.1 mi |
| 46408 | Gary, IN | 17,030 | 6.7 mi |
| 46402 | Gary, IN | 6,726 | 7.2 mi |
| 46385 | Valparaiso, IN | 38,866 | 7.4 mi |
More ZIP Codes in Lake County
Related Areas
Frequently Asked Questions
What county is ZIP code 46342 in? ▼
What is the population of ZIP code 46342? ▼
What is the median household income in ZIP 46342? ▼
What is the average home value in ZIP 46342? ▼
What is the demographic makeup of ZIP 46342? ▼
How many businesses are in ZIP code 46342? ▼
What are the main industries in ZIP code 46342? ▼
How have home values changed in ZIP code 46342? ▼
What is the education level in ZIP code 46342? ▼
What is the average commute time in ZIP 46342? ▼
What percentage of residents own vs. rent in ZIP 46342? ▼
What is the poverty rate in ZIP code 46342? ▼
Read our methodology to see how this data is sourced, computed, and verified.