Comparison to Surrounding Areas
The median household income ($75,521) for 46342 is less than the median household income for 46307 ($107,800), 46368 ($76,368), 46385 ($98,957), and Porter County ($87,972). But it's more than 46393 ($56,250), 46410 ($64,127), 46409 ($44,667), 46405 ($60,881), Lake County ($71,493), Wheeler CDP ($-1), New Chicago town ($57,313), Merrillville town ($67,587), Lake Station city ($59,591), and Hobart city ($75,160).
| 46342 | $75,521 |
| Lake Station city | $59,591 |
| New Chicago town | $57,313 |
| Wheeler CDP | $-1 |
| Hobart city | $75,160 |
| Merrillville town | $67,587 |
| Porter County | $87,972 |
| Lake County | $71,493 |
Get Median Household Income for all Zip Codes in Indiana.
The average household income ($88,705) for 46342 is less than the average household income for 46307 ($123,794), 46368 ($93,848), 46385 ($131,505), Lake County ($93,636), and Porter County ($110,512). But it's more than 46393 ($63,839), 46405 ($75,399), 46409 ($67,592), 46410 ($82,033), Hobart city ($87,427), Wheeler CDP ($77,809), Lake Station city ($73,324), Merrillville town ($84,476), and New Chicago town ($70,971).
| 46342 | $88,705 |
| Lake Station city | $73,324 |
| New Chicago town | $70,971 |
| Wheeler CDP | $77,809 |
| Hobart city | $87,427 |
| Merrillville town | $84,476 |
| Porter County | $110,512 |
| Lake County | $93,636 |
Get Average Household Income for all Zip Codes in Indiana.
The per-capita income for 46342 is $36,214. The per capita income ($36,214) for 46342 is less than the per capita income for 46368 ($37,176), 46307 ($44,155), 46385 ($49,898), Lake County ($37,284), Porter County ($44,216), Wheeler CDP ($38,152), Merrillville town ($36,629), and Hobart city ($36,514). But it's more than 46393 ($29,700), 46405 ($27,763), 46409 ($25,568), 46410 ($35,979), Lake Station city ($26,896), and New Chicago town ($27,883).
| 46342 | $36,214 |
| Lake Station city | $26,896 |
| New Chicago town | $27,883 |
| Wheeler CDP | $38,152 |
| Hobart city | $36,514 |
| Merrillville town | $36,629 |
| Porter County | $44,216 |
| Lake County | $37,284 |
Get Per-Capita Income for all Zip Codes in Indiana.
4% of households make over $200,000 a year. The percent high income households (4.0%) for 46342 is less than the percent high income households for 46410 (7.1%), 46368 (8.6%), 46385 (16.0%), 46409 (4.5%), 46307 (12.2%), Porter County (11.2%), Lake County (8.3%), and Merrillville town (7.4%). But it's more than 46393 (0.0%), 46405 (2.1%), Lake Station city (1.9%), New Chicago town (2.8%), and Wheeler CDP (0.0%). And it's the same as Hobart city (4.0%).
| 46342 | 4.0% |
| Lake Station city | 1.9% |
| New Chicago town | 2.8% |
| Wheeler CDP | 0.0% |
| Hobart city | 4.0% |
| Merrillville town | 7.4% |
| Porter County | 11.2% |
| Lake County | 8.3% |
Get High Income Households for all Zip Codes in Indiana.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 46342 | $46,939 | $82,310 | $87,828 | $55,341 |
| Lake Station city | $-1 | $62,917 | $62,639 | $39,656 |
| New Chicago town | $-1 | $64,815 | $66,705 | $29,091 |
| Wheeler CDP | $-1 | $98,611 | $-1 | $-1 |
| Hobart city | $71,414 | $78,306 | $88,170 | $56,313 |
| Merrillville town | $-1 | $84,391 | $77,582 | $38,614 |
| Porter County | $60,667 | $101,210 | $103,659 | $59,706 |
| Lake County | $45,513 | $75,574 | $88,788 | $53,273 |
Get Median Household Income by Age of Householder for all Zip Codes in Indiana.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 46342 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 46342 | +/-$7,872 | +/-$6,292 | +/-$2,437 | +/-1.6% | +/-$36,694 | +/-$10,514 | +/-$8,635 | +/-$8,870 |
| Lake Station city | +/-$7,300 | +/-$8,627 | +/-$2,994 | +/-1.3% | +/-$-1 | +/-$13,865 | +/-$23,841 | +/-$23,397 |
| New Chicago town | +/-$14,500 | +/-$11,012 | +/-$3,742 | +/-2.7% | +/-$-1 | +/-$40,401 | +/-$12,876 | +/-$5,537 |
| Wheeler CDP | +/-$-1 | +/-$30,886 | +/-$14,837 | +/-23.2% | +/-$-1 | +/-$50,942 | +/-$-1 | +/-$-1 |
| Hobart city | +/-$7,447 | +/-$6,190 | +/-$2,493 | +/-1.6% | +/-$53,258 | +/-$9,880 | +/-$7,542 | +/-$10,652 |
| Merrillville town | +/-$7,864 | +/-$5,919 | +/-$2,659 | +/-2.4% | +/-$-1 | +/-$6,139 | +/-$8,826 | +/-$7,928 |
| Porter County | +/-$3,058 | +/-$3,315 | +/-$1,316 | +/-0.8% | +/-$13,739 | +/-$4,457 | +/-$3,685 | +/-$3,207 |
| Lake County | +/-$1,419 | +/-$1,649 | +/-$613 | +/-0.5% | +/-$3,800 | +/-$2,855 | +/-$3,546 | +/-$1,844 |