Living in Hobbs, Indiana
Cost of living, income, home prices, rent and demographics of Hobbs · Census data 2020–2024
Hobbs has 92 residents with a median age of 48.5. The median home value is $131,300.
Hobbs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hobbs at a glance
- Population
- 92
- Median age
- 48.5State: 38.1
- Median home value
- $131,300State: $218,200
- Homeowners
- 75%
- Bachelor's degree or higher
- 21.4%
Is Hobbs a good place to live?
Pros: Home values 40% lower than the state median.
Cons: A poverty rate of 27.2%.
The weather is best in May–June and August–September.
Cost of living in Hobbs
Housing is the biggest part of the cost of living. In Hobbs the median home value is $131,300, 61% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Housing in Hobbs: homes for sale and rent
- Housing units
- 56
- Owner-occupied
- 75%
- Renter-occupied
- 25%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 1.64
Hobbs demographics
- Population
- 92
- Median age
- 48.5
- Under 18
- 8.7%
- 65 and older
- 42.4%
- Households
- 56
- Foreign-born
- 1.1%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Hobbs ›
Education in Hobbs
21.4% of adults 25 and older in Hobbs have a bachelor's degree or higher (Indiana: 29.5%), and 4.8% have a graduate or professional degree.
Jobs and commute in Hobbs
- Unemployment rate
- 0%State: 4.3%
- Average commute
- —State: 24 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Hobbs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hobbs | 92 | — | $131,300 | — |
| Tipton | 5,280 | $59,828 | $161,700 | $848 |
| Windfall City | 705 | $58,550 | $88,700 | $869 |
| Elwood | 8,356 | $53,280 | $97,800 | $860 |
| Atlanta | 816 | $69,286 | $148,400 | $1,134 |
| Arcadia | 1,556 | $66,901 | $182,900 | $971 |
| Sharpsville | 662 | $92,500 | $116,700 | $1,116 |
| Hemlock | 132 | $126,083 | $208,300 | — |
| Goldsmith | 279 | $160,439 | $291,200 | — |
More for people moving to Hobbs
Hobbs ZIP code ›Weather and climate ›Living in Hobbs: FAQ
What is the average home price in Hobbs?
The median home value in Hobbs is $131,300, compared with $218,200 in Indiana.
Is Hobbs, IN a good place to live?
Pluses: home values 40% lower than the state median. Minuses: a poverty rate of 27.2%.
What is the median age in Hobbs?
The median age in Hobbs is 48.5 years (Indiana: 38.1).
What is the unemployment rate in Hobbs?
The unemployment rate in Hobbs is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hobbs?
21.4% of adults in Hobbs 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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