HomeMinnesotaMcLeod CountyHutchinson city
Hutchinson city, Minnesota: commercial real estate data.
Hutchinson city is a Census city of 14,680 people across 8.48 square miles of land, in McLeod County. Median household income is $72,836, 68.6 percent of occupied homes are owned, and the SBA record carries 83 7(a) approvals to borrowers here worth $18.8 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hutchinson
What Hutchinson is
- Census place typecity
- Land area8.48 sq mi
- Water area0.33 sq mi
- Population per square mile of land1,730
- County holding the largest share of its areaMcLeod County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hutchinson
How many people live in Hutchinson
- Population14,680
- Median age41.9
- Population under 183,043
- Share under 1820.7 percent
- Population 65 and over3,291
- Share 65 and over22.4 percent
- Households6,487
- Family households3,755
- Share of households that are families57.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hutchinson
Income and work in Hutchinson
- Median household income$72,836
- Per capita income$44,845
- Civilian labor force7,708
- Employed7,397
- Unemployed311 plus or minus 102
- Unemployment rate4.0 percent plus or minus 1.3
- Adults 25 and over10,361
- Adults 25 and over with a high school diploma or higher96.0 percent
- Adults 25 and over with a bachelor degree or higher26.1 percent
- Adults 25 and over with a graduate degree9.2 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hutchinson
Housing in Hutchinson
- Housing units6,778
- Occupied units6,487
- Vacant units291 plus or minus 157
- Vacancy rate4.3 percent plus or minus 2.3
- Owner occupied4,448
- Renter occupied2,039
- Ownership rate68.6 percent
- Median owner-occupied home value$229,600
- Median gross rent, monthly$940
- Annual rent as a share of median income15.5 percent
- Single family units4,336
- Share single family64.0 percent
- Units in buildings of two or more2,029
- Share in buildings of two or more29.9 percent
- Mobile homes413 plus or minus 136
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hutchinson
How Hutchinson gets to work
- Workers 16 and over who commute6,545
- Commuting under 15 minutes4,040
- Share commuting under 15 minutes61.7 percent
- Commuting 30 minutes or more1,566
- Share commuting 30 minutes or more23.9 percent
- Drove alone75.6 percent
- Carpooled6.7 percent plus or minus 2.5
- Public transport0.8 percent plus or minus 0.8
- Walked4.0 percent plus or minus 2.2
- Worked from home9.6 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hutchinson
SBA loans in Hutchinson (7(a))
- Approvals83
- Gross approval$18,829,400
- Average approval$226,860
- Median approval$80,000
- Ninetieth percentile approval$500,000
- Largest approval$1,755,000
- Jobs supported811
- Jobs per approval9.8
- Loans with a final outcome24
- Paid in full23
- Charged off1
- Charge-off rate over resolved loans4.2 percent
- Median term84 months
- Share on real estate terms of 20 years or more3.6 percent
- Share to franchises3.6 percent
- Distinct lenders10
- Distinct industries by NAICS50
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hutchinson
SBA loans in Hutchinson (504)
- Approvals38
- Gross approval$13,493,000
- Average approval$355,079
- Median approval$213,000
- Largest approval$1,706,000
- Jobs supported182
- Loans with a final outcome15
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
McLeod County, not Hutchinson
McLeod County context, not Hutchinson figures
These are McLeod County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hutchinson measurements.
- Establishments in McLeod County956
- Employment at those establishments, McLeod County14,890
- Covered employment, McLeod County15,697
- Average annual pay, McLeod County$56,991
- Average weekly wage, McLeod County$1,096
- Housing units permitted, McLeod County50
- Of those, single family, McLeod County50
- County product, 2024, McLeod County$2,396,536,000
- County product change over the prior year, McLeod County4.2 percent
- Average income of an arriving household, McLeod County$58,211
Every figure in this section is published for McLeod County as a whole and is not a measurement of Hutchinson. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hutchinson questions, answered from the record.
How many people live in Hutchinson, Minnesota?
14,680, in 6,487 households. Hutchinson city covers 8.48 square miles of land, which is 1,730 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hutchinson in?
McLeod County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hutchinson?
$72,836. The median owner-occupied home is valued at $229,600. Median gross rent is $940 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hutchinson businesses?
83 7(a) approvals totalling $18.8 m, across 10 lenders, median approval $80,000, plus 38 504 approvals worth $13.5 m. These count approvals to borrowers whose address is in Hutchinson, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hutchinson borrowers get paid back?
Of the 24 loans that have reached a final outcome, 23 were paid in full and 1 charged off, a charge off rate of 4.2 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Hutchinson figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for McLeod County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hutchinson.
Is zoning published for Hutchinson?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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