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Hobart, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Hobart, Indiana had a total population of 29,558, the 37th largest city in Indiana, with a median household income of $75,160, which is 4% higher than the state average. The poverty rate is 10.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Hobart Quick Facts

Population 29,558
Median Household Income $75,160
Median Home Value $215,200
Poverty Rate 10.0%
Unemployment Rate 4.3%
Median Age 39.5 years
Homeownership Rate 69.5%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 21.2%
High School Graduation Rate 94.5%
Diversity Index 52/100
Population 29,558 37th of 967
Median Income $75,160 above average
Poverty Rate 10.0% 20% lower than national
Median Home Value $215,200 top 30%

How Hobart Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population29,64629,558-0.3%
Median household income$71,680$75,160+4.9%
Median home value$203,400$215,200+5.8%

How Hobart Compares

Economy & Housing

Household Income Distribution

Under $25K 12.9%
$25K-$50K 19.2%
$50K-$100K 32.6%
$100K+ 35.2%
Detailed income brackets
Under $10K
3.0%
$10K-$15K
4.1%
$15K-$20K
1.5%
$20K-$25K
4.3%
$25K-$30K
3.3%
$30K-$35K
2.5%
$35K-$40K
4.6%
$40K-$45K
4.4%
$45K-$50K
4.5%
$50K-$60K
6.1%
$60K-$75K
11.7%
$75K-$100K
14.8%
$100K-$125K
14.7%
$125K-$150K
7.4%
$150K-$200K
9.1%
$200K+
4.0%

Employment

4.3% Unemployment Rate State: 4.3%|National: 5.2%
63.5% Labor Force Participation

Housing Overview

Owner 69.5%
Renter 30.5%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $1,206/mo 19.3% of median household income annually

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Hobart Rankings in Indiana

#37 Population of 967
#246 Median Income of 796
#302 Education of 966
#191 Home Value of 818

Other Cities in Lake County

CityPopulationMedian IncomePovertyHome Value
Hammond 76,768 $55,504 19.1% $159,900
Gary 68,113 $38,731 33.1% $94,700
Merrillville 36,476 $67,587 12.6% $211,400
Crown Point 34,393 $101,686 6.9% $294,800
Schererville 29,701 $89,466 7.7% $314,900
East Chicago 26,022 $42,125 26.3% $105,400
Munster 23,733 $110,187 6.0% $334,300
Highland 23,680 $78,062 11.6% $233,300
St. John 22,567 $131,467 2.1% $406,300
Dyer 16,400 $107,159 6.2% $322,200

Cities Similar to Hobart

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Schererville29,701$89,466$314,90034.4%7.7%
Franklin26,168$82,380$231,50027.8%11.0%
Greenfield24,940$76,127$216,40026.3%5.3%
Valparaiso34,733$69,872$267,30040.6%14.9%
Brownsburg31,215$102,235$309,40046.8%7.5%

Population Overview

Hobart is a mid-sized community located in Indiana, within Lake County. The total population is 29,558. It ranks as the 37th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Hobart is 39.5 years. This is 4% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Hobart is $75,160. This is 4% higher than the state median of $71,957. It is also 7% lower than the national median of $80,734. The poverty rate stands at 10.0%. This is 19% lower than the state poverty rate of 12.3%. The unemployment rate is 4.3%. The median home value is $215,200. Housing costs are 1% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.9x, Hobart is one of the most affordable housing markets in the area. 69.5% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 70.5%.

Race & Ethnicity

The largest racial or ethnic group in Hobart is White (non-Hispanic), making up 65.3% of the population. Hispanic or Latino residents account for 16.7%. The Black or African American population is significantly higher than the state average (14.3% vs 9.1%). The Hispanic or Latino population is significantly higher than the state average (16.7% vs 8.6%). The Asian population (1.1%) is well below the state average of 2.6%.

Education

21.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.5%.

Data Sources & Methodology

All demographic data for Hobart, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hobart, Indiana?

Hobart, Indiana has a population of 29,558 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hobart, IN?

The median household income in Hobart is $75,160, which is 7% lower than the national median of $80,734.

What is the poverty rate in Hobart, IN?

The poverty rate in Hobart is 10.0%. This means approximately 2,938 residents live below the federal poverty line.

What is the racial makeup of Hobart, Indiana?

Hobart's population is 65.3% White, 14.3% Black, 16.7% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Hobart, IN?

The median home value in Hobart is $215,200. The home-value-to-income ratio is 2.9x.

How educated is Hobart, Indiana?

21.2% of adults (25+) in Hobart hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.