Hobart, NY
Population 410 · New York
About Hobart, NY
Hobart is a small community located in New York with a population of 410 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,813 per year, which is 16% below the national median of $75,149. The median age of 46.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Hobart features a median home value of $142,600, which is 42% below the national median of $244,900. This makes Hobart one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $723, 38% below the national average of $1,163/month. Of the 216 total housing units, 62% are owner-occupied (107 units) and 38% are renter-occupied (66 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hobart shows an unemployment rate of 9.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.1%, above the national average of 12.4%. Workers in Hobart have an average one-way commute time of 21.7 minutes.
Education & Demographics
25.0% of Hobart residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.0% of the population being foreign-born.
Cost of Living in Hobart, NY
Compared to national averages, Hobart has a median household income of $62,813 (16% below the national median of $75,149). Home values average $142,600, which is 42% below the national median. Monthly rent at $723 is 38% below the US average of $1,163. Within New York, Hobart's income is 35% below the state average of $96,987, and home values are 63% below the state median of $387,181.
Why Live in Hobart, NY?
Hobart offers affordable housing with a median home value of $142,600, below the US average of $244,900, and rent that’s lower than the national average at $723/month, and short commute times averaging just 21.7 minutes.
Potential considerations include median household income ($62,813) that falls below the national average. However, Hobart’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hobart has a population of 410 with a median age of 46.5 years. Compare Hobart with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Hobart
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chazy | 409 | $0 | $169,100 | Compare |
| Franklin | 413 | $80,000 | $187,100 | Compare |
| Castorland | 414 | $58,438 | $154,300 | Compare |
| Jeffersonville | 417 | $71,250 | $223,800 | Compare |
| Munnsville | 402 | $68,750 | $110,100 | Compare |
| Springwater | 418 | $60,909 | $116,300 | Compare |
| Haines Falls | 401 | $114,750 | $242,800 | Compare |
| Cato | 400 | $65,982 | $154,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hobart
What is the population of Hobart, NY?
The population of Hobart, NY is 410 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Hobart?
The median household income in Hobart, NY is $62,813 per year, which is 16% below the national median of $75,149.
What is the median home value in Hobart?
The median home value in Hobart, NY is $142,600, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hobart?
The median monthly rent in Hobart, NY is $723, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Hobart?
The unemployment rate in Hobart, NY is 9.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hobart, NY a good place to live?
Hobart offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 410 and a median age of 46.5, the city appeals to established professionals and retirees.
How educated is Hobart, NY?
25.0% of residents in Hobart aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Hobart?
Key cost-of-living indicators for Hobart, NY: median home value is $142,600 (42% below national), median rent is $723/month, and median household income is $62,813. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hobart?
The poverty rate in Hobart, NY is 15.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hobart, NY?
Hobart's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.5% two or more races. 2.0% of residents are foreign-born.