Total monthly cost of ownership
Cost to Own a Home in Hutchins, Texas
A $96,000 home here costs
$910per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $494. The real number is $417 higher every month — 84% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hutchins against Dallas County and Texas
| Measure | Hutchins | Dallas County |
|---|---|---|
| Median home value | $95,500 | $277,900 |
| Median property tax | $686 | $4,668 |
| Effective tax rate | 0.718% | 1.680% |
| Median gross rent | $1,370 | $1,469 |
| Population | 5,713 | 2,603,816 |
The weather behind that power bill
Hutchins sits in Dallas County, which averages a high of 97.1°F in its hottest month and a low of 37.9°F in its coldest, with 38.32" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 3,125 cooling and 1,992 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Dallas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dallas County
Common questions
How much does it cost to own a home in Hutchins?
A $96,000 home in Hutchins, Texas costs approximately $910 per month with 20% down at 6.66%. That is $494 principal and interest, $57 property tax, $64 homeowners insurance, $216 utilities and $80 set aside for maintenance.
What is the property tax rate in Hutchins?
Hutchins has an effective property tax rate of 0.718%, based on a median home value of $95,500 and median real estate taxes of $686. That is lower than the Dallas County average of 1.680%.
What is the average home price in Hutchins?
The median owner-occupied home value in Hutchins, Texas is $95,500, against $277,900 across Dallas County.
Is it cheaper to rent or buy in Hutchins?
Median gross rent in Hutchins is $1,370 a month, against $910 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hutchins — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.