Hammond is a city in state in USA with a population of 76141 residents..
The poverty rate of Hammond is 21.2%, which is 51% higher than national average.
The typical household in Hammond earns $46974 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 52.7% of households earn less than $50,000 a year compared to 39% national rate.
The unemployment rate of Hammond remained 7%, which is 49% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.
Cost of living in Hammond is 95, which is 5% lower than national average.
In Hammond, only 14% of adults have a bachelor's degree and 28% have some college but no degree.
Median home value in Hammond is $98700 , which is 57% lower than national average.
While median income in Hammond remained $46974, which is 30% lower than national average.