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Hobson

Learn about the people, housing, costs and businesses in Hobson, Montana

Median Home$238,300
Median Rent$495/month
Population183
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing7% finance & insurance
Family-Friendly27% of residentsabove average nationally
Homeowners73% of occupied units
Hobson
MT

Frequently Asked Questions

What are today's mortgage rates in Hobson?

As of today, the 30-year fixed mortgage rate for Hobson is approximately 7.144% (7.191% 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 Hobson?

The median home value in Hobson is $238k. The median monthly rent is $495. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $639/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hobson is $59k/year.

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What industries drive the economy in Hobson?

The largest employment sectors in Hobson are public administration (24%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.