Zip 78634 (Hutto, TX) Economy


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Hutto, Texas (Zip Code 78634) is a small city located in Williamson and Travis Counties. It is situated along the US-79 highway near the state capital of Austin. Hutto is known for its tight-knit community atmosphere and local businesses that thrive off the growing population. The estimated two-bedroom rent averages to $1,880 compared to the national average of $1,430 while the grocery cost index comes in at 93 versus 100 nationally.
The economy of Hutto is mainly driven by local companies such as ABIL University, a college preparatory school; Hutto ISD, a public school district; and Dell Diamond, home of Round Rock Express professional baseball team. Additionally, there are numerous boutiques, cafes, restaurants, and other retail shops that contribute to Hutto's economic growth. With its central location between Austin and Georgetown, it's also an ideal spot to take advantage of all the benefits these larger cities have to offer without living right in them.

Hutto (zip 78634) has an unemployment rate of 5.2%. The US average is 6.0%.

Hutto (zip 78634) 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 (zip 78634)
- The Sales Tax Rate for Hutto (zip 78634) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hutto (zip 78634) 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 (zip 78634)
- The average income of a Hutto (zip 78634) resident is $28,238 a year. The US average is $28,555 a year.
- The Median household income of a Hutto (zip 78634) resident is $93,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHutto, TexasUnited States
  5.26
  -3.3%-6.2%
  51.5%33.5%
  8.3%6.2%
  0.0%4.6%
  $35,618$37,638
  $93,667$69,021
  $97,388$85,028
  Population by Occupation
  0.0%1.2%
  0.4%0.5%
  8.8%6.8%
  9.7%10.0%
  1.7%2.5%
  11.8%11.0%
  3.2%4.8%
  0.5%0.8%
  2.1%1.9%
  6.1%4.7%
  4.0%1.9%
  9.4%7.6%
  0.0%0.1%
  3.6%4.2%
  9.0%9.3%
  9.5%14.0%
  2.4%2.1%
  6.4%7.0%
  4.9%4.8%
  6.6%4.7%
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