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Hobart

Learn about the people, housing, costs and businesses in Hobart, Oklahoma

Median Home$97,900
Median Rent$848/month
Population3,577
Leading IndustriesHealthcare · Manufacturing · Wholesale Trade15% healthcare
Young Adults34% of residentswell above average
Homeowners66% of occupied units
Hobart
OK

Frequently Asked Questions

What are today's mortgage rates in Hobart?

As of today, the 30-year fixed mortgage rate for Hobart is approximately 6.917% (6.954% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Hobart?

The median home value in Hobart is $98k. The median monthly rent is $848. Annual property taxes average $583. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Hobart?

Based on a typical all-in ownership cost of $729/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hobart is $41k/year.

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What industries drive the economy in Hobart?

The largest employment sectors in Hobart are public administration (20%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.