Hutchins, TX Economy


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Hutchins, TX is a great place to live for those lookingfor affordable rent and groceries. On average, 2 bedroom rent in Hutchins is $1,450 which is lower than the rest of the United States at $1,430. The Grocery Cost Index in Hutchins is also quite low at 95 compared to a national average of 100.
The city offers a variety of entertainment options including parks, restaurants, and shopping centers. Some of the most well-known local companies in Hutchins are Skydive Dallas-Fort Worth, Lundy's Barbecue & Catering Company, and T&J Enterprises Tree Services. These businesses provide residents with excellent services that help make life in Hutchins enjoyable and unique.

Hutchins has an unemployment rate of 7.2%. The US average is 6.0%.

Hutchins has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Hutchins
- The Sales Tax Rate for Hutchins is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hutchins is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hutchins
- The average income of a Hutchins resident is $15,941 a year. The US average is $28,555 a year.
- The Median household income of a Hutchins resident is $40,129 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHutchins, TexasUnited States
  7.26
  -3.6%-6.2%
  43.8%33.5%
  8.3%6.2%
  0.0%4.6%
  $12,891$37,638
  $40,129$69,021
  $41,178$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  9.7%6.8%
  6.4%10.0%
  6.8%2.5%
  8.4%11.0%
  13.6%4.8%
  0.0%0.8%
  0.0%1.9%
  11.6%4.7%
  1.1%1.9%
  1.9%7.6%
  0.0%0.1%
  4.2%4.2%
  1.1%9.3%
  14.2%14.0%
  0.0%2.1%
  7.7%7.0%
  10.0%4.8%
  2.4%4.7%
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