Rent here is among the highest 10% in the country. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 5.5 years of household income. Commutes are long, about 36 minutes each way. Most homes (95.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $115,600 a year. That is $56 an hour at a full-time job.
Is rent cheaper than other Washington cities?
No. Rent here is more expensive than in most of Washington. It is number 179 of 192 cities from cheapest to most expensive.
How much do households earn in Hobart?
Share of households by yearly income. 66.7% of households earn $100,000 or more.
How expensive is Hobart overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hobart, so the Washington figure is shown.
Taxes and bills in Hobart
Life in Hobart
Is it cheaper to rent or buy in Hobart?
Renting is cheaper right now: about $3,704 a month less.
Owning assumes a typical $950,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $95,030 for the down payment.
Frequently asked questions
What is the average rent in Hobart, WA?
Renting in Hobart costs a median of about $2,890 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Hobart?
To keep rent under 30% of income, you need about $115,600 a year, or $56 an hour at a full-time job.
Is Hobart cheap or expensive?
Hobart is rated OK: rent takes 20.0% of the typical household income of $173,138. It ranks 179th cheapest of 192 Washington cities we track.
How much are property taxes in Hobart?
The median homeowner in Hobart pays $9,702 a year in property taxes, about 1.02% of the median home value.
Is Hobart more expensive than the national average?
Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hobart?
The median home value in Hobart is $950,300, about 5.5 times the typical yearly household income.
6,552 people live in Hobart. Numbers are typical (middle) values.