Calumet, East Chicago, IN
Calumet — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Calumet, East Chicago, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Calumet Neighborhood Overview
Calumet is a residential neighborhood in the city of East Chicago, Indiana, situated near the shores of Lake Michigan. It offers a community-focused atmosphere within the larger industrial landscape of Northwest Indiana. The area provides residents with a balance of affordability and proximity to major employment centers.
Lifestyle & Amenities
Residents have access to local parks and community centers that serve as gathering spots for families and neighbors. The neighborhood's location provides convenient access to broader retail and dining options in the surrounding East Chicago and regional areas. Daily needs are met by a variety of local businesses and services within the community.
Real Estate Market
The Calumet real estate market is characterized by notable affordability, with a median home value of $84,900. The median monthly rent is $779, offering a cost-effective alternative to homeownership. With a homeownership rate of 44%, the neighborhood features a mix of owners and renters.
Schools & Education
The neighborhood is served by the School City of East Chicago district, which operates several public schools in the area. Families have access to local elementary, middle, and high school options. The specific performance and programs of individual schools can vary within the district.
Transportation & Connectivity
Calumet is well-connected by major roadways, including Indianapolis Boulevard and Chicago Avenue, facilitating travel throughout the region. Public transportation options are available through the local bus service. The neighborhood's location provides relatively easy access to Chicago and other parts of Northwest Indiana.
Why Choose Calumet
Calumet appeals to homebuyers and renters seeking an affordable entry point into the Northwest Indiana housing market. The neighborhood offers a strong sense of community with a median household income of $39,434. Its strategic location provides residents with practical connectivity for both work and leisure in the greater Chicagoland area.
Calumet Market Data
| Metric | Value |
|---|---|
| Median Home Price | $85K |
| Median Gross Rent | $779/mo |
| Median Household Income | $39K |
| Homeownership Rate | 43.8% |
| Renter-Occupied | 56.2% |
| Rental Vacancy Rate | 4.7% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 46312 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Calumet, East Chicago
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Calumet, East Chicago, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15