Hudson, MN Economy


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Hudson, Minnesota is a city located along the St. Croix River in western Wisconsin. It is an ideal place for those looking for small-town living with big-city amenities. The cost of living in Hudson is much lower than most other cities in the United States - the average two-bedroom rent in Hudson is $880 compared to the US average of $1,430. The Grocery Cost Index in Hudson is also comparable to the national average at 100. Local businesses in Hudson include Zuuply, a software development company; Noble Jet Charter, an aviation company; and Soleku Systems, a cloud services provider. With its affordability and variety of business opportunities, Hudson offers an ideal place to live and work.

Hudson has an unemployment rate of 4.1%. The US average is 6.0%.

Hudson has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for Hudson
- The Sales Tax Rate for Hudson is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hudson is 7.1%. 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 $30,998 a year. The US average is $28,555 a year.
- The Median household income of a Hudson resident is $85,208 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHudson, MinnesotaUnited States
  4.16
  -0.6%-6.2%
  36.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $43,279$37,638
  $85,208$69,021
  $97,045$85,028
  Population by Occupation
  5.8%1.2%
  0.0%0.5%
  7.8%6.8%
  13.3%10.0%
  5.5%2.5%
  6.3%11.0%
  6.1%4.8%
  1.3%0.8%
  2.0%1.9%
  6.6%4.7%
  1.0%1.9%
  5.1%7.6%
  0.5%0.1%
  4.1%4.2%
  9.1%9.3%
  11.8%14.0%
  2.7%2.1%
  4.0%7.0%
  3.3%4.8%
  3.6%4.7%
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