Hobgood, NC
Population 215 · North Carolina
About Hobgood, NC
Hobgood is a small community located in North Carolina with a population of 215 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,250 per year, which is 20% below the national median of $75,149. The median age of 44.6 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 Hobgood features a median home value of $59,200, which is 76% below the national median of $244,900. This makes Hobgood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 131 total housing units, 84% are owner-occupied (68 units) and 16% are renter-occupied (13 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hobgood shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hobgood have an average one-way commute time of 34.4 minutes.
Education & Demographics
18.5% of Hobgood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 1.4% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Hobgood Ranks in North Carolina
Cost of Living in Hobgood, NC
Compared to national averages, Hobgood has a median household income of $60,250 (20% below the national median of $75,149). Home values average $59,200, which is 76% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within North Carolina, Hobgood's income is 7% below the state average of $64,468, and home values are 74% below the state median of $228,922.
Why Live in Hobgood, NC?
Hobgood offers affordable housing with a median home value of $59,200, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a low poverty rate of 3.3%, better than the national average.
Potential considerations include median household income ($60,250) that falls below the national average. However, Hobgood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hobgood has a population of 215 with a median age of 44.6 years. Compare Hobgood with other cities to see how it stacks up, or explore all cities in North Carolina.
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Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hobgood
What is the population of Hobgood, NC?
The population of Hobgood, NC is 215 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Carolina.
What is the median household income in Hobgood?
The median household income in Hobgood, NC is $60,250 per year, which is 20% below the national median of $75,149.
What is the median home value in Hobgood?
The median home value in Hobgood, NC is $59,200, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hobgood?
The median monthly rent in Hobgood, NC is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Hobgood?
The unemployment rate in Hobgood, NC is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hobgood, NC a good place to live?
Hobgood offers a moderate cost of living, affordable housing, and a strong job market. With a population of 215 and a median age of 44.6, the city appeals to a broad range of residents.
How educated is Hobgood, NC?
18.5% of residents in Hobgood 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 Hobgood?
Key cost-of-living indicators for Hobgood, NC: median home value is $59,200 (76% below national), median rent is $0/month, and median household income is $60,250. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hobgood?
The poverty rate in Hobgood, NC is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hobgood, NC?
Hobgood's population is 0.0% White, 0.0% Hispanic or Latino, 1.4% Black or African American, 0.0% Asian, and 56.3% two or more races. 0.0% of residents are foreign-born.