States › Virginia › Hutchison

Is Hutchison, VA expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,49642% higher than U.S. average
💵 Families earn per year (2026)$113,945about $9,495/month · 31% higher than U.S. average
🔑 House price$476,90043% higher than U.S. average

Rent is higher than in 85% of U.S. cities. A typical house costs about 4.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $99,840 a year. That is $48 an hour at a full-time job.

Is rent cheaper than other Virginia cities?

No. Rent here is more expensive than in most of Virginia. It is number 141 of 199 cities from cheapest to most expensive.

Hutchison
$2,496
$1,045
$2,001
$1,274

How much do households earn in Hutchison?

Under $25k
6.1%
$25k–50k
11.7%
$50k–100k
46.0%
$100k–150k
19.2%
$150k+
18.9%

Share of households by yearly income. 38.1% of households earn $100,000 or more.

Rent by apartment size in Hutchison

SizeHutchisonU.S. average
1 bedroom$2,262$1,324
2 bedrooms$2,514$1,509
3 bedrooms$2,495$1,698
4 bedrooms$2,894$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Hutchison overall?

Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).

Housing
107
Goods (food, clothes…)
100
Utilities
92
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hutchison, so the Virginia figure is shown.

Taxes and bills in Hutchison

🏛️ Property tax$4,397a year · 0.92% of home value · U.S. $3,119
⚡ Electric bill$143a month (typical) · U.S. $156

Life in Hutchison

Commute to work26.1 minU.S.: 26.4 min
College degree39.7%U.S.: 35.7%
Own their home45.4%U.S.: 65.2%
Below poverty line14.5%U.S.: 12.5%
Unemployment4.8%U.S.: 5.2%

Is it cheaper to rent or buy in Hutchison?

Renting is cheaper right now: about $813 a month less.

Renting
$2,496
Owning
$3,309

Owning assumes a typical $476,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,690 for the down payment.

Frequently asked questions

What is the average rent in Hutchison, VA?

Renting in Hutchison costs a median of about $2,496 a month in 2026, including utilities. The Virginia median is $2,049.

How much do I need to make to live in Hutchison?

To keep rent under 30% of income, you need about $99,840 a year, or $48 an hour at a full-time job.

Is Hutchison cheap or expensive?

Hutchison is rated OK: rent takes 26.3% of the typical household income of $113,945. It ranks 141st cheapest of 199 Virginia cities we track.

How much are property taxes in Hutchison?

The median homeowner in Hutchison pays $4,397 a year in property taxes, about 0.92% of the median home value.

Is Hutchison more expensive than the national average?

Overall prices in Virginia are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Hutchison?

The median home value in Hutchison is $476,900, about 4.2 times the typical yearly household income.

7,284 people live in Hutchison. Numbers are typical (middle) values.