Hudson Lake, Indiana is a vibrant city located close to larger cities such as South Bend and Valparaiso. It is a great place to live, offering plenty of local amenities such as grocery stores, restaurants, schools, parks and more. The cost of living in Hudson Lake is quite reasonable, with 2 bedroom rent averaging $900 per month versus the national average of $1,430. The Grocery Cost Index in Hudson Lake is also lower than the national average at 93 versus 100. There are many well-known companies in Hudson Lake such as Tractor Supply Co., Dairy Queen and Speedway Gas Station. With its low cost of living and abundance of local amenities, it is easy to see why so many people are drawn to this charming city.
Hudson Lake has an unemployment rate of 6.7%. The US average is 6.0%.
Hudson Lake has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Hudson Lake
- The Sales Tax Rate for Hudson Lake is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hudson Lake is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hudson Lake
- The average income of a Hudson Lake resident is $21,210 a year. The US average is $28,555 a year.
- The Median household income of a Hudson Lake resident is $75,917 a year. The US average is $69,021 a year.