Hudson, TX Economy


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Hudson, TX is a small city in Texas that offers local amenities such as affordable rent for two bedroom apartments. The rent for two bedrooms is approximately $960 compared to the national average of $1,430. This makes it an attractive option for those looking to move into the area. In addition to this, grocery costs in Hudson are also cheaper than the national average. The Grocery Cost Index for Hudson is 91 compared to 100 nationally.
The city of Hudson also has a range of local businesses offering many different services such as auto repair from Jerry's Auto Repair, a family-owned business that provides quality repairs at competitive prices. There is also Hudson Pharmacy which has been providing prescription services since 1950. For more leisurely activities there is Country Bank & Trust, which has been open since 1954 and offers great customer service and competitive loan rates among other offerings.

Hudson has an unemployment rate of 8.1%. The US average is 6.0%.

Hudson has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 18.7%, which is lower than the US average of 33.5%.

Tax Rates for Hudson
- The Sales Tax Rate for Hudson is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hudson is 0.0%. 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 $17,239 a year. The US average is $28,555 a year.
- The Median household income of a Hudson resident is $45,520 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHudson, TexasUnited States
  8.16
  -4.5%-6.2%
  18.7%33.5%
  6.8%6.2%
  0.0%4.6%
  $23,710$37,638
  $45,520$69,021
  $39,375$85,028
  Population by Occupation
  0.5%1.2%
  3.3%0.5%
  0.6%6.8%
  11.0%10.0%
  0.9%2.5%
  16.7%11.0%
  2.2%4.8%
  0.0%0.8%
  0.3%1.9%
  2.2%4.7%
  2.5%1.9%
  3.9%7.6%
  0.3%0.1%
  4.1%4.2%
  5.7%9.3%
  10.4%14.0%
  0.5%2.1%
  6.4%7.0%
  3.5%4.8%
  25.0%4.7%
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