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Real Estate Prices & Overview

Hammond North median real estate price is $162,268, which is less expensive than 69.0% of Indiana neighborhoods and 84.2% of all U.S. neighborhoods.

The average rental price in Hammond North is currently $1,590, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.7% of the neighborhoods in Indiana.

Hammond North is a suburban neighborhood (based on population density) located in Hammond, Indiana.

Hammond North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Hammond North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Hammond North has a 13.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Diversity

Did you know that the Hammond North neighborhood has more Polish and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.6% of this neighborhood's residents have Polish ancestry and 3.8% have Dutch ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Hammond North neighborhood in Hammond are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.3% of U.S. neighborhoods. With 35.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Hammond North neighborhood, 36.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.7%), and 20.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Hammond North neighborhood is English, spoken by 62.9% of households. Some people also speak Spanish (34.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Hammond North neighborhood in Hammond, IN, residents most commonly identify their ethnicity or ancestry as Mexican (49.2%). There are also a number of people of Polish ancestry (10.6%), and residents who report German roots (5.5%), and some of the residents are also of Irish ancestry (4.2%), along with some Dutch ancestry residents (3.8%), among others. In addition, 21.0% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Hammond North neighborhood spend between 15 and 30 minutes commuting one-way to work (46.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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