Hutchinson County, TX Economy


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United States / Texas / / Hutchinson County / Cities / Zip Codes
Hutchinson, TX County is a great community with plenty of local amenities. It offers affordable two-bedroom rent at $940, which is much lower than the US average of $1,430. The grocery cost index in Hutchinson is 90 compared to 100 in the US. There are many local businesses in the area including Hutchco Manufacturing Inc., Pizza Ranch, and McHenry Motorsports. These businesses create job opportunities for residents and contribute to the growth of the local economy. Other local services include Bankers Life insurance agency and Big O Tires. People can also find entertainment spots such as K-25 Drive-in Theater and Fun Center. Overall, Hutchinson is a great place to live with plenty of amenities for all walks of life.

Hutchinson County has an unemployment rate of 7.6%. The US average is 6.0%.

Hutchinson County has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 1.3%, which is lower than the US average of 33.5%.

Tax Rates for Hutchinson County
- The Sales Tax Rate for Hutchinson County is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Hutchinson County 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 Hutchinson County
- The average income of a Hutchinson County resident is $24,231 a year. The US average is $28,555 a year.
- The Median household income of a Hutchinson County resident is $57,288 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHutchinson, TexasUnited States
  7.66
  -4.3%-6.2%
  1.3%33.5%
  6.3%6.2%
  0.0%4.6%
  $27,313$37,638
  $57,288$69,021
  $69,080$85,028
  Population by Occupation
  1.9%1.2%
  4.9%0.5%
  9.5%6.8%
  18.4%10.0%
  1.0%2.5%
  13.4%11.0%
  1.8%4.8%
  1.3%0.8%
  0.8%1.9%
  3.2%4.7%
  0.3%1.9%
  3.4%7.6%
  0.0%0.1%
  3.0%4.2%
  12.2%9.3%
  6.6%14.0%
  0.5%2.1%
  7.5%7.0%
  5.0%4.8%
  5.2%4.7%
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