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South Hutchinson

Learn about the people, housing, costs and businesses in South Hutchinson, Kansas

Median Home$152,800
Median Rent$602/month
Population2,645
Leading IndustriesTransportation · Manufacturing · Professional Services7% transportation
Home Value Growth⬆⬆⬆+36.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners60% of occupied units
NotableAffordable Market$153k median home · lower cost than 73% of the country
South Hutchinson
KS

Explore South Hutchinson

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in South Hutchinson?

As of today, the 30-year fixed mortgage rate for South Hutchinson is approximately 6.958% (6.996% 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 South Hutchinson?

The median home value in South Hutchinson is $153k. The median monthly rent is $602. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Hutchinson?

Home values in South Hutchinson have increased 36.3% 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 South Hutchinson?

Based on a typical all-in ownership cost of $789/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Hutchinson is $51k/year.

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What industries drive the economy in South Hutchinson?

The largest employment sectors in South Hutchinson are public administration (21%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.