Quick facts: Hutchinson, KS

Quick Facts

97.6
Cost of Living
below US average
39,699
Population
26.9
Crime Rate per 1000
above US average
$55,265
Median Income
below US average
$99,900
Median House Price
above US average
$736.21
Average Rent
below US average
10%
Poverty Rate
below US average
4.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $55,265.

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Income Needed to Buy

βœ“ Affordable
$31k/year
Based on $99,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($55,265) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$32k/year
Based on $736.21/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($55,265) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hutchinson, KS

Hutchinson, Kansas, located in Reno County, is a vibrant city known for its rich history and diverse culture. With a population of approximately 40,000 residents, Hutchinson serves as a regional hub for commerce and education in south-central Kansas. The city features the Kansas State Fair, held annually in early September, attracting thousands of visitors with its agricultural exhibits, rides, and local cuisine. Hutchinson is home to several notable attractions, including the Kansas Underground Salt Museum, where visitors can explore the massive salt mines that date back to the 19th century. The city also boasts the Hutchinson Zoo, which offers a variety of animal exhibits and educational programs aimed at conservation. Outdoor enthusiasts can enjoy the extensive park system, featuring parks like Carey Park, which has playgrounds, a golf course, and walking trails. The city’s location along the Arkansas River allows for fishing and recreational activities. With a strong community spirit, Hutchinson hosts various events throughout the year, promoting local arts, culture, and community initiatives. Its friendly atmosphere and rich offerings make Hutchinson a unique place to live and visit.

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