Hutto, TX

Very High · 133

Texas · Population 32,188 · Updated March 2026

$2,202
Median Rent / Month
$115,149
Median Income
$315,800
Median Home Value
$2,043
Owner Costs / Month

Affordability

How far your income goes in Hutto

22.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Texas

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.6%
Property Tax Rate

Estimated Annual Costs

$26,424
Annual Rent
$0
State Income Tax
$5,053
Property Tax (est.)

Cost of Living Overview

Hutto has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 133 (where 100 equals the national median), Hutto residents can expect to pay median rent of $2,202/month while earning a median household income of $115,149/year.

The median home value in Hutto, TX is $315,800, with typical monthly owner costs around $2,043 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Hutto.

Frequently Asked Questions

Common questions about living costs in Hutto

What is the cost of living in Hutto, TX?
The cost of living index in Hutto, TX is 133 (US average = 100). Median monthly rent is $2,202, median household income is $115,149/year, and the median home value is $315,800.
Is Hutto, TX affordable?
No, Hutto is more expensive than the national average with a cost index of 133. The rent-to-income ratio is 22.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hutto, TX?
The median gross rent in Hutto, TX is $2,202 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,424.
What is the median household income in Hutto?
The median household income in Hutto, TX is $115,149 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Texas?
Texas has a top income tax rate of 0%, a sales tax of 6.25%, and an effective property tax rate of 1.6%. Notably, there is no state income tax.