Hudson, NY Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Hudson, NY is an attractive town for many people looking to rent a place to call home. The median 2 bedroom rent in the area is $2,050 compared to the US median of $1,430. Additionally, grocery costs in Hudson are higher than the U.S. average with the index sitting at 102 versus 100; however, this does not seem to be deterring potential residents from moving in. Popular companies such as River View Media Group and Hudson Valley Wine Country are located in Hudson making it even more attractive.

Hudson has an unemployment rate of 5.3%. The US average is 6.0%.

Hudson has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Hudson
- The Sales Tax Rate for Hudson is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hudson is 6.5%. 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 $23,067 a year. The US average is $28,555 a year.
- The Median household income of a Hudson resident is $40,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHudson, New YorkUnited States
  5.36
  -5.5%-6.2%
  26.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $27,441$37,638
  $40,417$69,021
  $46,989$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  2.0%6.8%
  9.0%10.0%
  1.2%2.5%
  10.0%11.0%
  0.9%4.8%
  0.0%0.8%
  1.3%1.9%
  0.4%4.7%
  2.2%1.9%
  6.6%7.6%
  0.0%0.1%
  3.6%4.2%
  10.6%9.3%
  19.0%14.0%
  3.8%2.1%
  13.6%7.0%
  7.2%4.8%
  7.6%4.7%
Reviews for Hudson
    See all ()

Over 14 years ago

Hudson has earned a unique distiction over the past ten years. An overwhelming herd of baby-boomers from downstate locations such as Westchester, Rockland, and NYC  More

   |    Reply

Over 16 years ago

Hudson is awesome. The people are friendly and fun. I love shopping on Warren street. The stores are amazing. Go  More

   |    Reply

Start Your Review of Hudson

Health
Compare Hudson, NY
cost of living
Compare food, housing, utilities, and more in Hudson, New York to any other city in the US.