Here you’ll find information on the cost of doing business in Hutchinson along with some information on other industries in the community.
- Power Reliability Data
- Electric Rates
- Natural Gas Rates
- Water, Wastewater, Garb. & Storm Water Billing
- Property Taxes
- Broadband Internet
- Air Service
Power Reliability Data
Having reliable power is critically important for many businesses: especially precision, high technology manufacturers. Hutchinson Utilities, the city’s municipal power provider, can provide your company with some of the most reliable power available anywhere!
If your company depends on reliable power, Hutchinson is the place to be.
Key Terms
- CAIDI The average length of power interruption, weighted by the number of customers affected during a specific time period.
- SAIDI The average length of power interruption for customers during a specified time period.
- SAIFI Average number of times a customer experiences a power interruption, during a specified time period.
In all cases, a lower figure is better, as they indicate shorter and fewer outages. As you can see, Hutchinson Utilities provides the most reliable power available, by a very wide margin.
| YEAR | CAIDI | SAIDI | SAIFI |
| 2023 | 15.04 | 1.755 | .117 |
| 2022 | 127.364 | 9.202 | .0723 |
| 2021 | 54.872 | 3.91 | .0713 |
Property Taxes
The State of Minnesota has one of the most complicated property tax systems in the entire United States. To estimate your local property taxes it is necessary to consider the “property tax classification” and assessor’s “market value” of your property.
Multiplying these together will give you your “tax capacity.”
Then, you have to multiply the tax capacity of your property by the local tax rate, not forgetting to add in the statewide general tax.
The tables below provide all the information you need to estimate your Hutchinson property taxes.
Current Property Tax Classification Rates (as payable in 2024)
Property Type | Classification Rate |
| Residential Homestead | |
| First $500,000 of market value | 1.00% |
| Value over $500,000 | 1.25% |
| Residential Non-Homestead | |
| First $500,000 of market value | 1.00% |
| Value over $500,000 | 1.25% |
| Commercial and Industrial | |
| First $500,000 of market value | 1.50% |
| Value over $500,000 | 2.00% |
| Farm Homesteads | |
| House, garage, one acre | |
| First $500,000 of market value | 1.00% |
| Value over $500,000 | 1.25% |
| Remainder of Farm | |
| First $600,000 of market value | 0.55% |
| Value over $600,000 | 1.00% |
| Farm Non-Homesteads | |
| House, garage, one acre | |
| First $500,000 of market value | 1.00% |
| Value over $500,000 | 1.25% |
| Land | 1.00% |
| Residential Rental (Apartments) | |
| 2-3 units | 1.25% |
| 4 or more units | 1.25% |
| Seasonal Cabins | |
| First $500,000 of market value | 1.00% |
| Value over $500,000 | 1.25% |
Local Tax Rates (as payable in 2024)
| Taxing District | Tax Rate |
| Statewide General Tax McLeod County City of Hutchinson School District 423 Hutchinson HRA Hutchinson EDA Region 6E Total | 29.294% 47.169% 53.234% 24.074% 1.014% 1.677% 0.167% 156.719% |
Estimating Your Hutchinson Property Taxes
As mentioned previously, estimating your property taxes is essentially a two-step process:
Step 1: Determine the tax capacity of your property.
Multiply the assessor’s “market value” of your property by the appropriate “property tax classification rate.” This gives you the “tax capacity” of the property.
Step 2: Determine the amount of your local property tax.
Multiply the tax capacity by the local “property tax rate.” This gives your property tax amount.
Example: Suppose your Hutchinson business has an estimated market value of $500,000.
Step 1: Determine the tax capacity of your property.
(The first $150,000 of value multiplied by the classification rate of 1.5% plus the value remaining over $150,000 [in this case $350,000] multiplied by the classification rate of 2% equals tax capacity).
($150,000 x .015) + ($350,000 x .02) = $9,250
Step 2: Determine the amount of your local property tax.
(Multiply your tax capacity of $9,250 by the combined property tax rate of 2.02215 [this is 202.215% divided by 100 to get a decimal] equals property tax).
$9,250 x 2.02215 = $18,704.89
The estimated property tax on your $500,000 business would then be $18,704.89 for the year.
Broadband Internet
The City of Hutchinson has a world-class broadband internet service to meet the needs of your business. Simply click on the name of the service provider to visit their website.
Provider / Website | Platform | Maximum | Maximum |
| AT & T Mobility LLC | Mobile Wireless | 10 Mbps < 25 Mbps | 3 Mbps < 6 Mbps |
| Xtratyme Technologies, Inc. | Fixed Wireless | 10 Mbps < 25 Mbps | 10 Mbps < 25 Mbps |
| Broadband Corp. | Fixed Wireless | 10 Mbps < 25 Mbps | 768 Kbps < 1.5 Mbps |
| Verizon Wireless | Mobile Wireless | 10 Mbps < 25 Mbps | 3 Mbps < 6 Mbps |
| CenturyLink | DSL | 25 Mbps < 50 Mbps | 3 Mbps < 6 Mbps |
| Frontier Communications of Minnesota | DSL | 6 Mbps < 10 Mbps | 768 Kbps < 1.5 Mbps |
| NU-Telecom | DSL | 50 Mbps < 100 Mbps | 10 Mbps < 25 Mbps |
| NU-Telecom | Fixed Wireless | 6 Mbps < 10 Mbps | 768 Kbps < 1.5 Mbps |
| NU-Telecom | DSL | 10 Mbps < 25 Mbps | 10 Mbps < 25 Mbps |
| Level 3 Communications, LLC | Fiber | 1 Gbps and up | 1 Gbps and up |
Air Service
Airport Type | Local | Regional | International |
| Name | Bulter Field Municipal | St. Cloud Regional | MPLS/St. Paul International |
| Phone | (320) 587-7615 | (320) 255-7292 | (612) 726-5555 |
| Location | Hutchinson | St. Cloud | Minneapolis |
| Distance | 2 miles | 55 miles | 65 miles |
| Primary Runway | 4,000′ x 75′ feet | 7,000′ x 150′ | 10,000′ x 200′ |
| Cross-Wind | None | 3,000′ x 75′ | 11,006′ x 150′ |
| Surface Type | Paved | Paved | Paved |
| Lighted Runways | Yes | Yes | Yes |
| Customs | No | No | Yes |
| Navigational Aids | GPS, NDE, VOR-DME | ILS, GPS, NDB, VOR-DME, VOR | ILS, GPS, NDB, RNAV |
| Fuel | 100LL | 100LL, Jet A | 100LL, Jet A |
| Weather Info System | AEOSA/MNWAS | AEOSA/MNWAS | AEOSA/MNWAS, SATVIDEOWEATHER |
