Hobart, Washington Median Income

Hobart, Washington has a population of 7,118, with a median household income of $108,118.

Current median income data for Hobart.

$108,118

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Population

7,118

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Median Income

$108,118

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Unemployment

2.30%

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Housing Price

$722,800

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Crime Rate

4.00

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Internet Speed

249.60 Mbps

Hobart is a small local community located in Washington. The city has a population that is below the average city population in Washington, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Hobart is a notable city in Washington, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Hobart has a population of 7,118, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hobart is $108,118, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Hobart average around $722,800, which is relatively high compared to other cities in Washington.

Employment and Safety

The unemployment rate in Hobart is 2.30%, which is lower than the state average, indicating a relatively strong job market. Hobart has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Washington, Hobart shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Hobart continues to play a role in shaping regional trends in Washington, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Hobart

What is the population of Hobart?

The population of Hobart is approximately 7,118.

Is Hobart a good place to live?

Hobart offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Hobart?

The median household income in Hobart is around $108,118.

How expensive is housing in Hobart?

The average housing price in Hobart is approximately $722,800.