Hobart, Minnesota 

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Economy in Hobart, Minnesota

Hobart has an unemployment rate of 3.6%. The US average is 3.9%.

Hobart has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Hobart
- The Sales Tax Rate for Hobart is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hobart is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hobart
- The average income of a Hobart resident is $35,878 a year. The US average is $28,555 a year.
- The Median household income of a Hobart resident is $69,500 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYHobart, MinnesotaUnited States
  4.0%3.7%
  2.6%1.6%
  34.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $36,647$31,177
  $72,604$57,652
  $83,235$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  9.2%6.2%
  12.2%10.4%
  3.8%2.7%
  14.5%11.6%
  5.9%4.1%
  1.8%0.9%
  4.1%2.1%
  3.3%4.7%
  1.0%1.9%
  5.9%6.7%
  0.0%0.1%
  1.5%4.3%
  6.9%9.3%
  10.7%13.8%
  0.0%2.2%
  9.7%7.4%
  5.4%4.9%
  4.1%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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