How many renters in Hobart, IN pay more than 30% of their income on rent?
55.2% (±9.5 points) of renting households in Hobart, IN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
47.7% spend 35% or more.
The median renting household spends 33.4% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 55.2% (±9.5 points)
- Paying 35% or more
- 47.7% (±8.5 points)
- Median share of income
- 33.4% (±7.4 points)
Rent as a share of income in Hobart
| Share of income spent on rent | Hobart | Lake County | Indiana | United States |
|---|---|---|---|---|
| Less than 15% | 6.1% (±3.1 points) | 12.0% | 14.1% | 12.6% |
| 15% to 19.9% | 14.7% (±6.7 points) | 12.2% | 13.6% | 12.2% |
| 20% to 24.9% | 17.8% (±6.6 points) | 13.2% | 12.9% | 12.6% |
| 25% to 29.9% | 6.3% (±3.6 points) | 10.3% | 11.4% | 11.5% |
| 30% to 34.9% | 7.5% (±4.3 points) | 7.4% | 9.2% | 9.2% |
| 35% or more | 47.7% (±8.5 points) | 44.8% | 38.9% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Hobart against Lake County, its state and the nation
| Hobart | Lake County | Indiana | United States | |
|---|---|---|---|---|
| Paying 30% or more | 55.2% (±9.5 points) | 52.2% (±2.0 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 47.7% (±8.5 points) | 44.8% (±1.7 points) | 38.9% (±0.5 points) | 41.9% |
| Median share of income | 33.4% (±7.4 points) | 31.5% (±1.3 points) | 29.1% (±0.3 points) | 30.6% |
| Median renter household income | $44,522 (±$4,277) | $41,002 (±$1,339) | $42,811 (±$480) | $52,966 |
| Median gross rent | $1,206 (±$82) | $1,131 (±$16) | $1,062 (±$5) | $1,413 |
In Hobart, the share of renters paying 30% or more of income is not measurably different from Lake County (52.2%).
It is not measurably different from Indiana (48.1%).
It is not measurably different from the national figure (51.1%).
In Lake County, Hobart ranks 9 of 31 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 319 of 1,492.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Hobart
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Hobart | — | 55.2% (±9.5 points) | — |
| Hobart Township | 2.3 mi | 54.7% (±9.5 points) | Not measurably different |
| Ross Township (Lake County) | 2.9 mi | 54.1% (±6.9 points) | Not measurably different |
| New Chicago | 3.1 mi | 51.7% (±27.3 points) | Not measurably different |
| Merrillville | 3.6 mi | 57.1% (±8.2 points) | Not measurably different |
| Lake Station | 4.5 mi | 47.6% (±16.9 points) | Not measurably different |
| Ross | 5.3 mi | 50.4% (±13.1 points) | Not measurably different |
| Union Township (Porter County) | 5.8 mi | 25.2% (±36.6 points) | Not measurably different |
| Calumet Township | 6.2 mi | 55.2% (±4.1 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Lake County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 3 | Dyer | 74.9% (±22.4 points) |
| 4 | Winfield Township | 63.3% (±43.6 points) |
| 5 | West Creek Township | 61.6% (±21.7 points) |
| 6 | Gary | 58.6% (±4.5 points) |
| 7 | Hanover Township (Lake County) | 58.5% (±24.1 points) |
| 8 | Merrillville | 57.1% (±8.2 points) |
| 9 (tie) | Hobart | 55.2% (±9.5 points) |
| 9 (tie) | Calumet Township | 55.2% (±4.1 points) |
| 11 | Hobart Township | 54.7% (±9.5 points) |
| 12 | Ross Township (Lake County) | 54.1% (±6.9 points) |
| 13 | New Chicago | 51.7% (±27.3 points) |
| 14 | St. John Township | 51.3% (±9.8 points) |
| 15 (tie) | East Chicago | 50.4% (±7.7 points) |
Showing 13 of 31 places in Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Hobart
Are renters in Hobart rent-burdened?
55.2% of renting households in Hobart pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Hobart spend on rent?
The median renting household in Hobart, IN spends 33.4% (±7.4 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hobart city, Indiana
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Hobart city, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hobart city, Indiana
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) and detailed tables (acs/acs5) for Hobart city, Indiana (place:34114, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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- Population growth in Hobart
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- Fair Market Rent in Hobart
- Indiana landlord and tenant rules
- Housing across Lake County
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- Housing data for every place in Indiana