Consumer Expenses
With a central location to the United States, Hutchinson offers convenience and efficiency. Access is easy and commute times are short. Hutchinson is home to many national tenants and is supported by a large population base, workforce, national visitor attractions and a local student population.
According to the 2018 Catalyst Commercial Retail Market Assessment, the population of the primary trade area is 82,345 and current median income is $52,008 which creates overall purchasing power, or retail demand, of $1.04 billion, using a factor of 30% for retail expenditures of per capita total income. In addition, the report reflects there is approximately 346,000 square feet of retail demand with the greatest demand in pharmacy, general merchandise and soft goods.
Use our free reporting tools to pull information on consumer expenses. We have the data you need to make an informed decision regarding the relocation or expansion of your business.