Hudson, ND is a small city located in North Dakota. It has a population of 1,553 according to the 2019 US Census. The cost of living in Hudson is significantly lower than that of the US average. The 2 bedroom rent in Hudson is $810 whereas it is $1,430 across the US. Similarly, grocery costs in Hudson are 93 versus 100 across the US.
Local companies in Hudson include Dickinson Casket Company, U-Haul Moving & Storage USA, and Applebee's Restaurant. These businesses provide employment to locals as well as attract visitors from nearby cities and towns.
In summary, Hudson, ND offers affordable housing and groceries compared to many other cities; it also provides employment opportunities due to its local businesses such as Dickinson Casket Company, U-Haul Moving & Storage USA and Applebee's Restaurant.
Hudson has an unemployment rate of 3.2%. The US average is 6.0%.
Hudson has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Hudson
- The Sales Tax Rate for Hudson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hudson is 2.0%. 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 $28,766 a year. The US average is $37,638 a year.
- The Median household income of a Hudson resident is $0 a year. The US average is $69,021 a year.