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Hobe Sound

Learn about the people, housing, costs and businesses in Hobe Sound, Florida

Median Home$391,597
Median Rent$1,312/month
Population13,446
Leading IndustriesWholesale Trade · Healthcare · Arts, Food & Hospitality15% wholesale trade
Home Value Growth⬆⬆⬆+24.1% over 2 years
Retirees35% of residentstop 3% nationally
Homeowners78% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
Hobe Sound
FL

Frequently Asked Questions

What are today's mortgage rates in Hobe Sound?

As of today, the 30-year fixed mortgage rate for Hobe Sound is approximately 6.871% (6.906% 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 Hobe Sound?

The median home value in Hobe Sound is $392k. The median monthly rent is $1,312. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hobe Sound?

Home values in Hobe Sound have increased 24.1% 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 Hobe Sound?

Based on a typical all-in ownership cost of $1,222/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hobe Sound is $68k/year.

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What industries drive the economy in Hobe Sound?

The largest employment sectors in Hobe Sound are healthcare (19%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.