Hobart, Indiana is a bustling small city with an estimated population of 46,342. The median two bedroom rent price in the city is $1,050 which is substantially lower than the US average of $1430. Additionally, grocery costs are slightly below the national average index with 95 versus 100 in the US. The city offers an enjoyable living experience due to its close proximity to nearby cities and entertainment options. Residents can enjoy popular local businesses such as Hobart family restaurant, Cutta Cakes Bakery & Cafe and Main Street Boutique. Hobart also offers a variety of outdoor activities such as golf courses and parks for residents to explore.
Hobart (zip 46342) has an unemployment rate of 7.6%. The US average is 6.0%.
Hobart (zip 46342) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Hobart (zip 46342)
- The Sales Tax Rate for Hobart (zip 46342) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hobart (zip 46342) is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hobart (zip 46342)
- The average income of a Hobart (zip 46342) resident is $25,366 a year. The US average is $28,555 a year.
- The Median household income of a Hobart (zip 46342) resident is $64,113 a year. The US average is $69,021 a year.