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Hutton

Learn about the people, housing, costs and businesses in Hutton, Maryland

Median Home$240,000
Population78
Leading IndustriesManufacturing · Arts, Food & Hospitality · Wholesale Trade3% manufacturing
Home Value Growth⬆⬆+11.9% over 2 years
Young Adults27% of residentsnear the national average
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$92k/year · top 23% nationally
Hutton
MD

Frequently Asked Questions

What are today's mortgage rates in Hutton?

As of today, the 30-year fixed mortgage rate for Hutton is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Hutton?

The median home value in Hutton is $240k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hutton?

Home values in Hutton have increased 11.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Hutton?

Based on a typical all-in ownership cost of $1,069/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hutton is $92k/year.

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What industries drive the economy in Hutton?

The largest employment sectors in Hutton are public administration (22%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.