Hoback, WY
Population 1,609 · Wyoming
About Hoback, WY
Hoback is a small town located in Wyoming with a population of 1,609 residents according to the latest US Census Bureau American Community Survey data. The median household income is $156,766 per year, which is 109% above the national median of $75,149. The median age of 40.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hoback features a median home value of $1,287,500, which is 426% above the national median of $244,900. This places Hoback in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 642 total housing units, 64% are owner-occupied (391 units) and 36% are renter-occupied (218 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hoback shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hoback have an average one-way commute time of 23.4 minutes.
Education & Demographics
49.6% of Hoback 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 9.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 16.2% Asian residents, with 7.5% of the population being foreign-born.
How Hoback Ranks in Wyoming
Cost of Living in Hoback, WY
Compared to national averages, Hoback has a median household income of $156,766 (109% above the national median of $75,149). Home values average $1,287,500, which is 426% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Wyoming, Hoback's income is 96% above the state average of $80,049, and home values are 326% above the state median of $302,372.
Why Live in Hoback, WY?
Hoback offers a strong local economy with a median household income of $156,766, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features a well-educated community where 49.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.7%, better than the national average, and short commute times averaging just 23.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,287,500. However, Hoback’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hoback has a population of 1,609 with a median age of 40.3 years. Compare Hoback with other cities to see how it stacks up, or explore all cities in Wyoming.
Similar Cities Near Hoback
Cities in Wyoming with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lusk | 1,482 | $44,755 | $164,200 | Compare |
| Arapahoe | 1,460 | $67,188 | $190,900 | Compare |
| Lyman | 1,777 | $101,080 | $267,500 | Compare |
| Ethete | 1,438 | $83,750 | $117,000 | Compare |
| Sleepy Hollow | 1,812 | $119,451 | $276,200 | Compare |
| Wright | 1,400 | $86,115 | $218,500 | Compare |
| Moose Wilson Road | 1,380 | $108,494 | $1,631,500 | Compare |
| Saratoga | 1,864 | $68,521 | $267,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wyoming
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hoback With Other Cities
Frequently Asked Questions about Hoback
What is the population of Hoback, WY?
The population of Hoback, WY is 1,609 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wyoming.
What is the median household income in Hoback?
The median household income in Hoback, WY is $156,766 per year, which is 109% above the national median of $75,149.
What is the median home value in Hoback?
The median home value in Hoback, WY is $1,287,500, which is 426% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hoback?
The median monthly rent in Hoback, WY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Hoback?
The unemployment rate in Hoback, WY is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hoback, WY a good place to live?
Hoback offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,609 and a median age of 40.3, the city appeals to a broad range of residents.
How educated is Hoback, WY?
49.6% of residents in Hoback 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 Hoback?
Key cost-of-living indicators for Hoback, WY: median home value is $1,287,500 (426% above national), median rent is $0/month, and median household income is $156,766. The home-value-to-income ratio is 8.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Hoback?
The poverty rate in Hoback, WY is 0.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hoback, WY?
Hoback's population is 9.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 16.2% Asian, and 0.0% two or more races. 7.5% of residents are foreign-born.