Gary is a city in Indiana state in USA with a population of 75486 residents.. The poverty rate of Gary is 33.1%, which is 136% higher than national average. The typical household in Gary earns $31315 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 69.5% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Gary are struggling financially. Nearly one in every 1 in every 8 workers in Gary is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Gary, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Gary remained 12.7%, which is 170% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Gary, only 14% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Gary is 91, which is 9% lower than national average. Median home value in Gary is $68400 , which is 70% lower than national average. While median income in Gary remained $31315, which is 54% lower than national average.