Washington Park, East Chicago, IN
Washington Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Washington Park, East Chicago, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Washington Park Neighborhood Overview
Washington Park is a residential neighborhood located in the city of East Chicago, Indiana. Situated near the shores of Lake Michigan, it offers a community-oriented atmosphere within the greater Northwest Indiana region. The area provides residents with a balance of urban proximity and neighborhood tranquility.
Lifestyle & Amenities
Residents enjoy access to local parks and community spaces that foster outdoor activities and social gatherings. The neighborhood's location provides convenient proximity to broader retail and service amenities in East Chicago and the surrounding region. Daily needs are met through a mix of nearby local businesses and larger commercial centers.
Real Estate Market
The Washington Park real estate market is characterized by its affordability, with a median home value of $84,900. The median monthly rent is $779, presenting cost-effective options for both owners and renters. A homeownership rate of 44% indicates a mix of owned and rental housing within the community.
Schools & Education
Families in Washington Park are served by the School City of East Chicago district. The neighborhood provides access to local public schools for primary and secondary education. Higher education institutions within the broader Northwest Indiana area are also within commuting distance for residents.
Transportation & Connectivity
Major roadways like Indianapolis Boulevard and Chicago Avenue provide direct connections through the area. The neighborhood's location offers relatively easy access to the Indiana Toll Road (I-90) for regional travel. Public transit options serve the community, facilitating commutes to nearby employment centers in East Chicago, Gary, and Chicago.
Why Choose Washington Park
Washington Park appeals to those seeking an affordable, stable community in Northwest Indiana. With a median household income of $39,434, it offers a lower cost of living compared to many neighboring areas. Its location provides the practical benefits of city living while maintaining a distinct neighborhood feel.
Washington Park 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 Washington Park, East Chicago
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Washington Park, 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