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Gary

Learn about the people, housing, costs and businesses in Gary, West Virginia

Median Home$42,997
Median Rent$397/month
Population808
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing12% finance & insurance
Young Adults33% of residentswell above average
Homeowners78% of occupied units
NotableAffordable Market$43k median home · lower cost than 100% of the country
Gary
WV

Frequently Asked Questions

What are today's mortgage rates in Gary?

As of today, the 30-year fixed mortgage rate for Gary is approximately 7.625% (7.779% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Gary?

The median home value in Gary is $43k. The median monthly rent is $397. Annual property taxes average $256. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Gary?

Based on a typical all-in ownership cost of $448/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gary is $39k/year.

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What industries drive the economy in Gary?

The largest employment sectors in Gary are public administration (27%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.