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Hobart

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

Median Home$413,889
Median Rent$1,344/month
Population10,341
Leading IndustriesArts, Food & Hospitality · Public Administration · Education8% arts, food & hospitality
Home Value Growth⬆⬆+18.0% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners70% of occupied units
NotableHighly Educated35% bachelor's · 15% graduate · top 3% nationally
NotableHigh Incomes$107k/year · top 13% nationally
Hobart
WI

Frequently Asked Questions

What are today's mortgage rates in Hobart?

As of today, the 30-year fixed mortgage rate for Hobart is approximately 6.852% (6.886% 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 $414k. The median monthly rent is $1,344. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hobart?

Home values in Hobart have increased 18.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $1,549/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hobart is $107k/year.

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What industries drive the economy in Hobart?

The largest employment sectors in Hobart are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.