Living in Hobson, Montana

Cost of living, income, home prices, rent and demographics of Hobson · Census data 2020–2024

Hobson has 160 residents with a median age of 60.7. The median household income is $42,917 (41% lower than the Montana median), the median home value is $161,300, the median rent is $538/month.

Hobson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Hobson at a glance

Population
160
Median age
60.7State: 40.4
Median household income
$42,917State: $72,509
Median home value
$161,300State: $375,800
Median rent
$538/moState: $1,081
Homeowners
75%
Bachelor's degree or higher
28%
Average commute
14 min

Is Hobson a good place to live?

Pros: Home values 57% lower than the state median; an average commute of 14 minutes; a poverty rate of 8.1%.

Cons: Median household income 41% lower than the Montana median.

The weather is best in June to September.

Cost of living in Hobson

Housing is the biggest part of the cost of living. In Hobson the median home value is $161,300, 52% lower than the U.S. median. Renters pay a median of $538 per month, which is 16.8% of household income. Homeowners with a mortgage pay $1,438 a month in housing costs.

Median home value

Hobson$161,300
Montana$375,800
United States$332,700

Median monthly rent

Hobson$538
Montana$1,081
United States$1,413

Hobson median household income

The median household income in Hobson is $42,917 and the income per person is $27,341. 8.1% of residents live below the poverty line (Montana: 11.5%).

Median household income

Hobson$42,917
Montana$72,509
United States$80,734

Housing in Hobson: homes for sale and rent

Housing units
103
Owner-occupied
75%
Renter-occupied
25%
Vacant
18.4%Includes seasonal homes
Median year built
1971
Average household size
1.90

Hobson demographics

Population
160
Median age
60.7
Under 18
10.6%
65 and older
45.6%
Households
84
Foreign-born
0%
Veterans
15.4%Adults 18+

Race and ethnicity

White98.8%
Hispanic or Latino1.3%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Hobson ›

Education in Hobson

28% of adults 25 and older in Hobson have a bachelor's degree or higher (Montana: 35.2%), and 6.4% have a graduate or professional degree.

Bachelor's degree or higher

Hobson28%
Montana35.2%
United States35.7%

Jobs and commute in Hobson

Unemployment rate
0%State: 3.6%
Average commute
14 minState: 19 min
Work from home
12.1%
Drive alone
81.8%
Public transit
0%
Walk to work
6.1%
Homes with broadband
96.4%

Hobson vs nearby towns

TownPopulationMedian incomeHome valueRent
Hobson160$42,917$161,300$538
Moore224$49,792$183,000$794
Stanford268$56,875$207,800$850
Lewistown Heights488$89,931$314,300—
Lewistown6,087$48,750$198,400$1,007
Denton193$56,667$157,800$1,125

More for people moving to Hobson

Hobson ZIP code ›Weather and climate ›

Living in Hobson: FAQ

What is the median household income in Hobson, MT?

The median household income in Hobson is $42,917, 41% lower than the Montana median of $72,509 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Hobson?

The median home value in Hobson is $161,300, compared with $375,800 in Montana.

How much is rent in Hobson?

The median gross rent in Hobson is $538 per month, about 16.8% of household income.

Is Hobson, MT a good place to live?

Pluses: home values 57% lower than the state median; an average commute of 14 minutes; a poverty rate of 8.1%. Minuses: median household income 41% lower than the Montana median.

What is the median age in Hobson?

The median age in Hobson is 60.7 years (Montana: 40.4).

How long is the commute in Hobson?

The average commute to work in Hobson is 14 minutes; 12.1% of workers work from home.

What is the unemployment rate in Hobson?

The unemployment rate in Hobson is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Hobson?

28% of adults in Hobson 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.

Last updated: