Hutto, Texas is a small town located just outside of Austin with a population of over 25,000. It has grown rapidly in recent years due to its affordability and access to the city's amenities. The median 2 bedroom rent in Hutto is $1,830 compared to an US average of $1,430. One can also expect to pay slightly more on groceries with an index rating of 93 versus 100 for the US. Despite the higher costs compared to the national average, many locals are drawn by Hutto's strong job market including major employers such as Dell Computers and Jack Henry & Associates Inc. Even with the cost of living being slightly higher than other parts of the country, Hutto provides an affordable alternative for those looking for access to a larger city while still enjoying a tight knit community.
Hutto has an unemployment rate of 5.7%. The US average is 6.0%.
Hutto has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 51.5%, which is higher than the US average of 33.5%.
Tax Rates for Hutto
- The Sales Tax Rate for Hutto is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hutto 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 Hutto
- The average income of a Hutto resident is $24,702 a year. The US average is $28,555 a year.
- The Median household income of a Hutto resident is $94,807 a year. The US average is $69,021 a year.