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Economy in Hobart, Indiana

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyHobart, INUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth-1.78%-0.12%
Future Job Growth25.54%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.90%6.25%
Income per Cap.$25,237$27,067
Household Income$56,013$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.10%12.10%
Income between 15K and 25K9.28%10.18%
Income between 25K and 35K10.35%10.56%
Income between 35K and 50K15.80%14.98%
Income between 50K and 75K26.54%19.53%
Income between 75K and 100K15.27%12.52%
Income between 100K and 150K11.74%12.14%
Income between 150K and 250K1.69%3.91%
Income between 250K and 500K1.13%3.34%
Income greater than 500K0.10%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.12%13.81%
Professional and Related Occupations19.60%22.68%
Service13.60%14.51%
Sales and Office24.95%25.22%
Farming, Fishing, and Forestry0.04%0.68%
Construction, Extraction, and Maintenance14.43%9.37%
Production, Transportation, and Material Moving22.57%15.86%
Median Household Income

The unemployment rate in Hobart, IN, is 10.90%, with job growth of -1.78%. Future job growth over the next ten years is predicted to be 25.54%.

Hobart, IN Taxes

Hobart, IN,sales tax rate is 6.00%. Income tax is 4.90%.

Hobart, IN Income and Salaries

The income per capita is $25,237, which includes all adults and children. The median household income is $56,013.


Hobart Economy SperlingViews

Hobart, IN Cost of Living-Taxes/Climate/Recreation: Cost of Living: Real Estate taxes have risen between 350 & 400% in the past 3 years and there is still no end in sight. Grocery costs seem to be average when compared... (read more)Have an opinion about Hobart? Leave a commentTo See All SperlingViews for Hobart Click Here