Hobart, WI

Average · 99

Wisconsin · Population 10,418 · Updated March 2026

$1,226
Median Rent / Month
$111,918
Median Income
$363,500
Median Home Value
$1,372
Owner Costs / Month

Affordability

How far your income goes in Hobart

13.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Wisconsin

State-level tax rates that affect your costs

7.65%
Income Tax (Top Rate)
5.0%
Sales Tax
1.61%
Property Tax Rate

Estimated Annual Costs

$14,712
Annual Rent
$8,562
State Income Tax
$5,852
Property Tax (est.)

Cost of Living Overview

Hobart has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 99 (where 100 equals the national median), Hobart residents can expect to pay median rent of $1,226/month while earning a median household income of $111,918/year.

The median home value in Hobart, WI is $363,500, with typical monthly owner costs around $1,372 including mortgage, insurance, and taxes. The median rent-to-income ratio of 13.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Wisconsin has a moderate income tax rate of 7.65%. Combined with a 5.0% sales tax rate and 1.61% effective property tax rate, the overall tax environment is a factor in the total cost of living in Hobart.

Frequently Asked Questions

Common questions about living costs in Hobart

What is the cost of living in Hobart, WI?
The cost of living index in Hobart, WI is 99 (US average = 100). Median monthly rent is $1,226, median household income is $111,918/year, and the median home value is $363,500.
Is Hobart, WI affordable?
Yes, Hobart is more affordable than the national average with a cost index of 99. The rent-to-income ratio is 13.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hobart, WI?
The median gross rent in Hobart, WI is $1,226 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,712.
What is the median household income in Hobart?
The median household income in Hobart, WI is $111,918 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Wisconsin?
Wisconsin has a top income tax rate of 7.65%, a sales tax of 5.0%, and an effective property tax rate of 1.61%.