Is Hobart Township, IN growing?
Hobart Township, IN had an estimated 40,326 (±33) residents in 2020–2024, against 38,212 in 2015–2019.
That is a change of +5.5%, a measurable increase.
Its housing went from 15,621 to 16,882 homes (+8.1%), a measurable increase.
0.9% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 40,326 (±33)
- Amount of change
- +5.5%
- Homes change
- +8.1%
- Built 2020 or later
- 0.9%
Residents and homes in Hobart Township, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 38,212 (±237) | 40,326 (±33) | +5.5% | Measurable increase |
| Housing units | 15,621 (±422) | 16,882 (±590) | +8.1% | Measurable increase |
| Households that rent | 24.5% (±2.6 points) | 28.1% (±3.8 points) | +3.6 percentage points | Not a measurable change |
| Median gross rent | $946 (±$35) | $1,137 (±$61) | +20.2% | No measurable change after inflation |
| Median home value | $114,900 (±$3,454) | $184,000 (±$8,425) | +60.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Hobart Township against Lake County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Hobart Township | +5.5% | Measurable increase | +8.1% |
| Lake County | +3.0% | Measurable increase | +2.1% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Hobart Township
| Year built | Hobart Township | Lake County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 0.9% (±0.6 points) | 1.1% | 1.7% | 2.0% |
| 2010 to 2019 | 3.1% (±1.0 points) | 5.7% | 8.0% | 9.4% |
| 2000 to 2009 | 8.0% (±2.1 points) | 11.2% | 12.3% | 13.6% |
4.0% of the homes in Hobart Township were built in 2010 or later.
The median age of residents is 37.4 years.
Growth in places near Hobart Township
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Hobart Township | — | 40,326 | +5.5% | Measurable increase |
| New Chicago | 1.0 mi | 2,225 | +36.3% | Measurable increase |
| Lake Station | 2.2 mi | 13,185 | +9.9% | Measurable increase |
| Hobart | 2.3 mi | 29,558 | +5.4% | Measurable increase |
| Portage Township (Porter County) | 5.0 mi | 48,418 | +2.5% | Measurable increase |
| Ross Township (Lake County) | 5.1 mi | 48,648 | +2.3% | Measurable increase |
| Gary | 5.3 mi | 68,113 | −10.4% | Measurable decrease |
| Calumet Township | 5.4 mi | 90,784 | −8.3% | Measurable decrease |
| Portage | 5.4 mi | 38,082 | +3.9% | Measurable increase |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hobart Township
Is Hobart Township growing?
Hobart Township, IN had an estimated 40,326 residents in 2020–2024 and 38,212 in 2015–2019, a change of +5.5%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Hobart Township?
The estimated number of housing units went from 15,621 in 2015–2019 to 16,882 in 2020–2024 (+8.1%), a measurable increase.
How much new construction is there in Hobart Township?
0.9% of homes in Hobart Township were built in 2020 or later and 3.1% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Hobart township, Lake County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hobart township, Lake County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Hobart township, Lake County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Hobart township, Lake County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hobart township, Lake County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hobart township, Lake County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hobart township, Lake County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hobart township, Lake County, Indiana (county subdivision:34132, in state:18 county:089).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hobart Township at a glance
- Median rent in Hobart Township
- Rent by bedrooms in Hobart Township
- Rent burden in Hobart Township
- Renters and owners in Hobart Township
- Income and affordability in Hobart Township
- Home values in Hobart Township
- Homeowner costs in Hobart Township
- Property taxes in Hobart Township
- Types of homes in Hobart Township
- Bedrooms in Hobart Township
- Age of homes in Hobart Township
- Vacancy rate in Hobart Township
- Heating fuel in Hobart Township
- Commute and cars in Hobart Township
- How long people stay in Hobart Township
- Crowding and facilities in Hobart Township
- Fair Market Rent in Hobart Township
- Indiana landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Indiana