Hudson, IA is a small town located in Iowa with an estimated population of 2,424 people. It is known for its affordable rental prices and low cost of living. The average two bedroom rent in Hudson is $1,030 compared to the US two bedroom rent at $1,430. Additionally, the Grocery Cost Index in Hudson is 98 versus 100 in the US. Local companies in Hudson include H&H Electric Co-Op providing satisfaction through electrical services, TK Grain Farms offering premium grain services, and C&C Repair Shop Inc serving as a certified repair shop for vehicles and machinery.
Hudson has an unemployment rate of 4.7%. The US average is 6.0%.
Hudson has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Hudson
- The Sales Tax Rate for Hudson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hudson is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hudson
- The average income of a Hudson resident is $34,781 a year. The US average is $28,555 a year.
- The Median household income of a Hudson resident is $107,963 a year. The US average is $69,021 a year.