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EconPulse

Local economy signal dashboard

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PLACEThriving

Hutchinson, MN

Thriving overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score71out of 100
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68
56
82
78
92

Population

14,680

Data freshness

Unknown

GDP / Output

+4.2% YoY

68

$2.4B

Output changed +4.2% in 2024.

Vintage date unknown

State growth5.1%
U.S. growth5.3%

Jobs

Unemployment rate

56

4.7%

Unemployment is 4.7% for June 2026.

Vintage date unknown

State avg4.1%
U.S. avg5.2%

Population

+5.3% 5-year

82

14,680

Population moved +5.3% over the latest ACS window.

Vintage date unknown

State population5,739,445
U.S. population334,922,499

Housing

Rent share of income

78

15.5%

Median rent consumes 15.5% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.1K per resident

92

$261.9M

$261.9M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$242.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$261.9M

$7.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$207.3M
2. Department of Agriculture$27.7M
3. Department of Veterans Affairs$19.4M

Top recipients

Dollars
1. REDACTED DUE TO PII$26.7M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$1.7M
3. HUTCHINSON SENIOR CARE SERVICES$1.3M

Affordable

Housing Affordability

15.5%

of median income

1BR estimate$771
2BR estimate$1,015
Median income$72,836
Median home value$229,600

ACS context

Quick Facts

Population

14,680

Median age

41.9

Bachelor's degree+

26.1%

Poverty rate

12.4%

Labor force participation

64.7%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+1.0%

GDP CAGR

+5.9%

Federal flow

5 years

Population (5 years)
202013,935
202114,504
202214,588
202314,629
202414,680
GDP (5 years)
2020$1.8B
2021$2.0B
2022$2.2B
2023$2.3B
2024$2.4B

2-year linear forecast

Predictive Outlook

Population forecast

202414,680
202514,952 *
202615,113 *

R² = 70.4% · * projected

GDP forecast

2024$2.4B
2025$2.6B *
2026$2.7B *

R² = 97.1% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$72,836/yr
Median rent$940/mo
Rent share of income15.5%
Est. mortgage (30yr, 6.5%)$13,932/yr
Mortgage share of income19.1%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.7%
State avg4.1%
U.S. avg5.2%
Labor force participation64.7%
Poverty rate12.4%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$229,600
Median monthly rent$940
Price-to-rent ratio20.4x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score69/100
Economic growth68/100
Labor market56/100
Population momentum82/100
Overall stability71/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Hutchinson city, Minnesota

City/Town

Part of

Hutchinson, MN

Nearby locations

Biscay, MNCedar Mills, MNSilver Lake, MNBrownton, MNStewart, MN