Lake County · Indiana · Midwest · 30k residents
Hobart, IN: economy, jobs & business costs
The site-selection read on Hobart: labor costs, talent, corporate tax, energy, and business activity, with the Indiana median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,200/wk. Indiana's corporate income tax rate is 4.9%. Commercial electricity averages 12.4¢/kWh.
Compare Hobart side by side
Avg. weekly wage
$1,200/wk
Corporate income tax
4.9%
Bachelor's degree or higher
21.2%
Commercial electricity
12.4¢/kWh
Economic momentum
How fast Hobart's economy is moving, ranked against the US cities we track.
34/100
Steady
Ranks Hobart's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $215,200 |
| Price per sq. ft. | $150 |
| Property tax rate | 0.83% |
| 1-bedroom rent | $1,060/mo |
| 2-bedroom rent | $1,301/mo |
| State & local income tax | 4.55% |
| Sales tax | 7% |
| Corporate income tax | 4.9% |
| Avg. weekly wage | $1,200/wk |
| Bachelor's degree or higher | 21.2% |
| Commercial electricity | 12.4¢/kWh |
| Businesses per 1k residents | 24.4/1k |
| Wage: Software developer | $134,380 |
| Wage: Registered nurse | $100,490 |
| Wage: General manager | $109,390 |
| Wage: Customer service | $47,100 |
| Wage: Warehouse worker | $38,450 |
| Wage: Heavy truck driver | $62,300 |
| Wage: Electrician | $102,350 |
| Wage: Retail salesperson | $35,820 |
| Cost of living index | 85 |
| Groceries index | 95 |
| Utilities | $165/mo |
| Transit pass | $60/mo |
| Gas price | $3.20/gal |
| Healthcare index | 95 |
| Childcare (per child) | $900/mo |
| Median household income | $75,160 |
| Unemployment rate | 3.6% |
| Population | 30k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 30/100 |
| Disaster risk | 96/100 |
| Avg. commute | 24 min |
| Sunny days / year | 190 days |
| July high | 83°F |
| January low | 18°F |
| Annual snowfall | 40 in |
| Home price YoY | +0.8% |
| Home price MoM | +0.1% |
| Rent YoY | — |
| Rent MoM | +0.4% |
| Employment (jobs) YoY | -0.1% |
| Building permits YoY | — |
| Ocean coast | 671 mi |
| Big lake | 7 mi |
| Mountains | 330 mi |
| Major airport | 31 mi |
| Ski resort | 205 mi |
Popular comparisons
Nearby
- Portage, IN · 38k
- Merrillville, IN · 36k
- Gary, IN · 68k
- Griffith, IN · 16k
- Crown Point, IN · 34k
Similar size
- Schererville, IN · 30k
- Granger, IN · 30k
- Brownsburg, IN · 31k
- Marion, IN · 28k
- Michigan City, IN · 32k
Real listings in Hobart
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Hobart a good place to run a business?
- Indiana's corporate income tax rate is 4.9%; average weekly wages in the surrounding labor market run $1,200/wk; commercial electricity averages 12.4¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Hobart, IN?
- Hobart indexes at 85 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,301/mo and a acs median home value of $215,200.
- How much does a house cost in Hobart?
- The acs median home value in Hobart is $215,200 (Census ACS estimate; individual listings vary).
- How much is rent in Hobart?
- A two-bedroom in Hobart rents for about $1,301/mo.