Hobart, WA
Population 6,841 · Washington
About Hobart, WA
Hobart is a small town located in Washington with a population of 6,841 residents according to the latest US Census Bureau American Community Survey data. The median household income is $149,635 per year, which is 99% above the national median of $75,149. The median age of 44.4 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 $893,700, which is 265% above the national median of $244,900. This places Hobart in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,307, 98% above the national average of $1,163/month. Of the 2,505 total housing units, 92% are owner-occupied (2,308 units) and 8% are renter-occupied (189 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hobart shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hobart have an average one-way commute time of 33.7 minutes.
Education & Demographics
47.0% of Hobart residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 3.8% Asian residents, with 5.4% of the population being foreign-born.
How Hobart Ranks in Washington
Cost of Living in Hobart, WA
Compared to national averages, Hobart has a median household income of $149,635 (99% above the national median of $75,149). Home values average $893,700, which is 265% above the national median. Monthly rent at $2,307 is 98% above the US average of $1,163. Within Washington, Hobart's income is 65% above the state average of $90,795, and home values are 94% above the state median of $460,491.
Why Live in Hobart, WA?
Hobart offers a strong local economy with a median household income of $149,635, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a well-educated community where 47.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $893,700. However, Hobart’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hobart has a population of 6,841 with a median age of 44.4 years. Compare Hobart with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Hobart
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tanglewilde | 6,822 | $99,766 | $410,300 | Compare |
| Wollochet | 6,905 | $148,716 | $819,900 | Compare |
| Tehaleh | 6,769 | $136,454 | $710,700 | Compare |
| Sudden Valley | 6,963 | $98,865 | $450,500 | Compare |
| Parkwood | 6,976 | $92,188 | $418,100 | Compare |
| Steilacoom | 6,683 | $97,634 | $594,600 | Compare |
| Normandy Park | 6,659 | $144,821 | $943,500 | Compare |
| Woods Creek | 7,027 | $145,773 | $724,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hobart With Other Cities
Frequently Asked Questions about Hobart
What is the population of Hobart, WA?
The population of Hobart, WA is 6,841 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Washington.
What is the median household income in Hobart?
The median household income in Hobart, WA is $149,635 per year, which is 99% above the national median of $75,149.
What is the median home value in Hobart?
The median home value in Hobart, WA is $893,700, which is 265% above 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, WA is $2,307, which is 98% above the national average of $1,163/month.
What is the unemployment rate in Hobart?
The unemployment rate in Hobart, WA is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hobart, WA a good place to live?
Hobart offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,841 and a median age of 44.4, the city appeals to a broad range of residents.
How educated is Hobart, WA?
47.0% of residents in Hobart aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Hobart?
Key cost-of-living indicators for Hobart, WA: median home value is $893,700 (265% above national), median rent is $2,307/month, and median household income is $149,635. The home-value-to-income ratio is 6.0x, a moderate figure by national standards.
What is the poverty rate in Hobart?
The poverty rate in Hobart, WA is 5.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hobart, WA?
Hobart's population is 4.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 3.8% Asian, and 1.9% two or more races. 5.4% of residents are foreign-born.