Hobart, WI
Population 10,418 · Wisconsin
About Hobart, WI
Hobart is a mid-sized city located in Wisconsin with a population of 10,418 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,918 per year, which is 49% above the national median of $75,149. The median age of 36 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hobart features a median home value of $363,500, which is 48% above the national median of $244,900. This positions Hobart in a moderately priced market relative to the rest of the country. Median monthly rent is $1,226, 5% above the national average of $1,163/month. Of the 4,206 total housing units, 64% are owner-occupied (2,589 units) and 36% are renter-occupied (1,451 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 0.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hobart have an average one-way commute time of 19.6 minutes, one of the shorter commutes in the region.
Education & Demographics
49.5% 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 1.3% White, 10.7% Hispanic or Latino, 0.2% Black or African American, and 2.7% Asian residents, with 3.8% of the population being foreign-born.
How Hobart Ranks in Wisconsin
Cost of Living in Hobart, WI
Compared to national averages, Hobart has a median household income of $111,918 (49% above the national median of $75,149). Home values average $363,500, which is 48% above the national median. Monthly rent at $1,226 is 5% above the US average of $1,163. Within Wisconsin, Hobart's income is 54% above the state average of $72,579, and home values are 77% above the state median of $205,802.
Why Live in Hobart, WI?
Hobart offers a strong local economy with a median household income of $111,918, well above the national average, and a strong job market with an unemployment rate of just 0.4%, and a well-educated community where 49.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.2%, better than the national average, and short commute times averaging just 19.6 minutes.
Hobart has a population of 10,418 with a median age of 36 years. Compare Hobart with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Hobart
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Portage | 10,374 | $62,785 | $187,300 | Compare |
| New Richmond | 10,334 | $87,500 | $269,000 | Compare |
| Monroe | 10,568 | $67,621 | $184,400 | Compare |
| Elkhorn | 10,259 | $73,052 | $255,300 | Compare |
| Reedsburg | 10,060 | $71,991 | $218,300 | Compare |
| DeForest | 10,853 | $106,223 | $337,500 | Compare |
| Sparta | 9,921 | $60,517 | $168,800 | Compare |
| Burlington | 11,021 | $81,658 | $268,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
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, WI?
The population of Hobart, WI is 10,418 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Wisconsin.
What is the median household income in Hobart?
The median household income in Hobart, WI is $111,918 per year, which is 49% above the national median of $75,149.
What is the median home value in Hobart?
The median home value in Hobart, WI is $363,500, which is 48% 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, WI is $1,226, which is 5% above the national average of $1,163/month.
What is the unemployment rate in Hobart?
The unemployment rate in Hobart, WI is 0.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hobart, WI a good place to live?
Hobart offers above-average incomes, a competitive housing market, and a strong job market. With a population of 10,418 and a median age of 36, the city appeals to a broad range of residents.
How educated is Hobart, WI?
49.5% 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, WI: median home value is $363,500 (48% above national), median rent is $1,226/month, and median household income is $111,918. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hobart?
The poverty rate in Hobart, WI is 3.2%, 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, WI?
Hobart's population is 1.3% White, 10.7% Hispanic or Latino, 0.2% Black or African American, 2.7% Asian, and 0.0% two or more races. 3.8% of residents are foreign-born.