Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hutchison area can be challenging. Home prices in Hutchison are now at a median cost of $414,000, higher than the Kentucky average of $164,895.
The average cost of rent is $849/mo in Hutchison, primarily driven by the current value of real estate in the Hutchison area. While nearly 37.61% of residents own their homes outright in Hutchison, 22.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hutchison is $6,250 per month. Households that rent pay about 13.58% of their income on rent here. Hutchison's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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