Hobart, NY is a small town located in Delaware County with around 3,000 residents. It is known for its warm and inviting community atmosphere and friendly people. The cost of living in Hobart is quite affordable compared to other cities in the US. The median 2-bedroom rent is only $810 while the national average is $1,430. Similarly, the Grocery Cost Index for Hobart stands at 100 - the same as the national average. \nHobart has many local businesses that contribute to its thriving economy, such as G&R Supermarket, Skidmore Drug Store, Delmar Diner & Bakery, Schoharie Valley Farms and more. Many of these stores have been around since the 19th century providing much needed services to locals and visitors alike.
Hobart has an unemployment rate of 6.5%. The US average is 6.0%.
Hobart has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Hobart
- The Sales Tax Rate for Hobart is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hobart is 6.5%. 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 $27,961 a year. The US average is $28,555 a year.
- The Median household income of a Hobart resident is $64,063 a year. The US average is $69,021 a year.