Living in Hobart, Indiana
Cost of living, income, home prices, rent and demographics of Hobart · Census data 2020–2024
Hobart has 29,558 residents with a median age of 39.5. The median household income is $75,160 (4% higher than the Indiana median), the median home value is $215,200, the median rent is $1,206/month.
Hobart at a glance
- Population
- 29,558
- Median age
- 39.5State: 38.1
- Median household income
- $75,160State: $71,957
- Median home value
- $215,200State: $218,200
- Median rent
- $1,206/moState: $1,062
- Homeowners
- 69.5%
- Bachelor's degree or higher
- 21.2%
- Average commute
- 27 min
Is Hobart a good place to live?
Pros: Median household income 4% higher than the Indiana median; home values about the same as the state median; unemployment of 4.3%; a poverty rate of 10%.
Cons: An average commute of 27 minutes.
The weather is best in June to September.
Cost of living in Hobart
Housing is the biggest part of the cost of living. In Hobart the median home value is $215,200, 35% lower than the U.S. median. Renters pay a median of $1,206 per month, which is 33.4% of household income. Homeowners with a mortgage pay $1,484 a month in housing costs.
Hobart median household income
The median household income in Hobart is $75,160 and the income per person is $36,514. 10% of residents live below the poverty line (Indiana: 12.3%).
Housing in Hobart: homes for sale and rent
- Housing units
- 13,079
- Owner-occupied
- 69.5%
- Renter-occupied
- 30.5%
- Vacant
- 6.5%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.40
Hobart demographics
- Population
- 29,558
- Median age
- 39.5
- Under 18
- 19.8%
- 65 and older
- 15.1%
- Households
- 12,226
- Foreign-born
- 4.6%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Hobart ›
Education in Hobart
21.2% of adults 25 and older in Hobart have a bachelor's degree or higher (Indiana: 29.5%), and 5.2% have a graduate or professional degree.
Jobs and commute in Hobart
- Unemployment rate
- 4.3%State: 4.3%
- Average commute
- 27 minState: 24 min
- Work from home
- 3.9%
- Drive alone
- 89.1%
- Public transit
- 0.5%
- Walk to work
- 0.9%
- Homes with broadband
- 94.9%
Hobart vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hobart | 29,558 | $75,160 | $215,200 | $1,206 |
| New Chicago | 2,225 | $57,313 | $134,100 | $1,141 |
| Merrillville | 36,476 | $67,587 | $211,400 | $1,282 |
| Lake Station | 13,185 | $59,591 | $137,400 | $1,124 |
| Ross | 6,751 | $54,563 | $119,100 | $1,101 |
| Gary | 68,113 | $38,731 | $94,700 | $1,012 |
| Salt Creek Commons | 1,843 | $94,167 | $198,300 | $1,388 |
| Winfield | 7,816 | $135,870 | $409,500 | — |
| Portage | 38,082 | $76,276 | $224,200 | $1,231 |
More for people moving to Hobart
Hobart ZIP code ›Weather and climate ›Living in Hobart: FAQ
What is the median household income in Hobart, IN?
The median household income in Hobart is $75,160, 4% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Hobart?
The median home value in Hobart is $215,200, compared with $218,200 in Indiana.
How much is rent in Hobart?
The median gross rent in Hobart is $1,206 per month, about 33.4% of household income.
Is Hobart, IN a good place to live?
Pluses: median household income 4% higher than the Indiana median; home values about the same as the state median; unemployment of 4.3%; a poverty rate of 10%. Minuses: an average commute of 27 minutes.
What is the median age in Hobart?
The median age in Hobart is 39.5 years (Indiana: 38.1).
How long is the commute in Hobart?
The average commute to work in Hobart is 27 minutes; 3.9% of workers work from home.
What is the unemployment rate in Hobart?
The unemployment rate in Hobart is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hobart?
21.2% of adults in Hobart have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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