Hudson, IL is a small city located in the northwestern part of Illinois. It offers an affordable quality of life with a median 2-bedroom rental price of $910 compared to the national median rate of $1,430. In addition, grocery costs are also relatively low with an index rating of 98 compared to the US rating of 100. The city is home to several prominent businesses such as Hudson Auto Parts Inc., Wirrick & Associates, LLC and HB Medical Care. Furthermore, Hudson is situated close to popular tourist attractions like Glacial Park Conservancy and McHenry County Fairgrounds making it an ideal destination for those looking for a more economical way of life without compromising on entertainment or job opportunities.
Hudson has an unemployment rate of 5.0%. The US average is 6.0%.
Hudson has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Hudson
- The Sales Tax Rate for Hudson is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Hudson is 5.0%. 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 $29,716 a year. The US average is $28,555 a year.
- The Median household income of a Hudson resident is $98,125 a year. The US average is $69,021 a year.