Salary & Cost of Living in Hobart, IN
Hobart, IN: $45,265 median salary, cost of living index 85.4, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$45,265
$22/hr
Cost of Living
85.4
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
3.6%
rate
Hobart, IN Overview
Population
28,029
Median Salary
$45,265
Average Salary
$50,697
Avg Commute
17 min
Median Home Price
$203,000
Median Rent
$826/mo
Job Growth
+0.6%
Sales Tax
7%
Hobart is located in Indiana with a population of 28,029. The median household salary is $45,265 per year ($22/hour), which is $14,119 below the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +0.6%.
Hobart Salary by Experience Level (2026)
Wage distribution in Hobart, IN based on BLS percentile breakdown of the $45,265 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $28,064 | $13.49/hr | 0–2 years |
| Mid-Level (Median) | $45,265 | $21.76/hr | 3–7 years |
| Senior-Level | $64,276 | $30.90/hr | 8–15 years |
| Top 10% (90th Percentile) | $80,572 | $38.73/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Hobart Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Hobart, IN, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$36,974
$3,081.17/month · $1,422.08/biweekly · Effective Rate: 18.3%
Gross Pay
$45,265
Federal Tax
-$3,393
State Tax
-$1,381
Local Tax
-$54
FICA
-$3,463
Net Pay
$36,974
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,772.08 | $45,265.00 |
| Federal Income Tax | -$282.78 | -$3,393.30 |
| Indiana State Tax (3.05%) | -$115.05 | -$1,380.58 |
| Local Tax (0.12%) | -$4.53 | -$54.32 |
| Social Security (6.2%) | -$233.87 | -$2,806.43 |
| Medicare (1.45%) | -$54.70 | -$656.34 |
| Net Take-Home Pay | $3,081.17 | $36,974.03 |
Salary Comparison: Hobart vs Other Cities
See how Hobart's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Hobart, IN | $45,265 | 85.4 | $53,004 |
| National Average | $59,384 | 100 | $59,384 |
| Oakland Park, FL | $45,290 | 99.2 | $45,655 |
| Sheboygan, WI | $45,215 | 87 | $51,971 |
| Palm Springs, FL | $45,180 | 92.3 | $48,949 |
| Kent, OH | $45,352 | 82.3 | $55,106 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Hobart
Hobart's cost of living index is 85.4 (national average = 100). Living in Hobart is 14.599999999999994% less expensive than the national average.
Median Home Price
$203,000
Median Monthly Rent
$826
Annual Rent Cost
$9,912
Your Salary's Purchasing Power
Your $36,974 annual take-home pay in Hobart has the purchasing power of approximately $43,295 in an average-cost US area. Your $45,265 salary stretches further here than in most US cities.
Top Industries in Hobart
Hobart's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $45,265.
Salary Tips for Hobart Workers
- Your salary goes further here. Hobart has a cost of living 14.599999999999994% below the national average. A salary of $45,265 here has the purchasing power of about $53,004 in an average-cost area.
- Research top industries. Hobart's top industries include Manufacturing, Logistics, Life Sciences. Targeting roles in these sectors can help you earn above the $45,265 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Hobart, IN?
The median salary in Hobart, IN is $45,265 per year, or $22 per hour. The average salary is $50,697. This is $14,119 below the national median of $59,384.
What is the cost of living in Hobart, IN?
Hobart's cost of living index is 85.4 (national average = 100), meaning it is 14.599999999999994% less expensive compared to the national average. The median home price is $203,000 and the median monthly rent is $826.
What are the best industries in Hobart?
The top industries in Hobart, IN include Manufacturing, Logistics, Life Sciences. The city has a job growth rate of 0.6% and an unemployment rate of 3.6%. Workers in these industries often earn above the city's median salary of $45,265.
How does Hobart's salary compare to other cities?
Hobart's median salary of $45,265 is 23.8% below the national median of $59,384. However, when adjusted for cost of living (index: 85.4), the real purchasing power is approximately $53,004.
What is the minimum wage in Hobart, IN?
The minimum wage in Hobart, IN is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.