Jacobs Square, Hammond, IN
Jacobs Square — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Jacobs Square, Hammond, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Jacobs Square Neighborhood Overview
Jacobs Square is a residential neighborhood in Hammond, Indiana, offering a quiet, community-focused atmosphere. Located with the ZIP code 46320, it provides residents with convenient access to the broader amenities of Northwest Indiana and the Chicago metro area. The area is characterized by its affordability and a mix of housing styles.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood establishments. While specific major retail centers are not within the immediate neighborhood boundaries, daily necessities and dining options are accessible nearby. The community's location allows for easy trips to larger shopping and entertainment venues in surrounding areas.
Real Estate Market
The real estate market in Jacobs Square is notably affordable, with a median home value of $97,500. The median monthly rent is $832, making it an accessible option for both renters and buyers. The homeownership rate is 43%, indicating a fairly even split between owners and renters in the community.
Schools & Education
Jacobs Square is served by the School City of Hammond district, which operates several public schools in the city. Families in the neighborhood have access to these local educational institutions. For higher education, several colleges and universities are located within a reasonable commuting distance in the region.
Transportation & Connectivity
The neighborhood benefits from good connectivity via major roads like Indianapolis Boulevard and the nearby I-80/I-94 Borman Expressway. Public transportation options are available through the local bus services. The South Shore Line commuter rail, with stations in Hammond, provides a direct link to downtown Chicago for work or leisure.
Why Choose Jacobs Square
Jacobs Square is an ideal choice for budget-conscious individuals and families seeking an affordable entry point into homeownership in Northwest Indiana. Its strong transportation links make it practical for commuters working in the Chicago area. The neighborhood offers a straightforward, value-driven living experience with a sense of local community.
Jacobs Square Market Data
| Metric | Value |
|---|---|
| Median Home Price | $98K |
| Median Gross Rent | $832/mo |
| Median Household Income | $35K |
| Homeownership Rate | 42.7% |
| Renter-Occupied | 57.3% |
| Rental Vacancy Rate | 3.1% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 46320 |
| 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 Jacobs Square, Hammond
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Jacobs Square, Hammond, 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 2026-10-14