Hudson township (Mackinac County), MI Economy


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United States / Michigan / No Metro Area / Mackinac County / Hudson township (Mackinac County) / Zip Codes
Hudson Township (Mackinac County), Michigan is a great place to call home. The cost of living is on the lower side compared to the rest of the United States. The 2 bedroom rent in Hudson township is $820, while it is $1,430 in other parts of the US. Grocery Cost Index in Hudson Township is 92 versus 100 in the US. On top of this, there are many local restaurants and businesses that provide services to the community at reasonable prices. These include Big Apple Convenience Store, Mackinac Island Ferry Line, and Hessel Bay Harbor Marina & Lodge. With its low cost of living and great selection of businesses and services, Hudson Township (Mackinac County), Michigan is a perfect place for those looking for an affordable place to live with plenty of amenities nearby.

Hudson township (Mackinac County) has an unemployment rate of 16.2%. The US average is 6.0%.

Hudson township (Mackinac County) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Hudson township (Mackinac County)
- The Sales Tax Rate for Hudson township (Mackinac County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hudson township (Mackinac County) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hudson township (Mackinac County)
- The average income of a Hudson township (Mackinac County) resident is $26,886 a year. The US average is $28,555 a year.
- The Median household income of a Hudson township (Mackinac County) resident is $47,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHudson township (Mackinac County), MichiganUnited States
  16.26
  -8.2%-6.2%
  22.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,091$37,638
  $47,083$69,021
  $60,804$85,028
  Population by Occupation
  1.7%1.2%
  1.7%0.5%
  0.0%6.8%
  3.3%10.0%
  3.3%2.5%
  15.0%11.0%
  1.7%4.8%
  3.3%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  8.3%4.2%
  11.7%9.3%
  20.0%14.0%
  0.0%2.1%
  6.7%7.0%
  21.7%4.8%
  1.7%4.7%
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