Hudson, OH is a small suburb located near Akron and Cleveland. The city is home to several local businesses including First & Main Hudson, Hudson Shopping Center, and Acme Fresh Market. It's an affordable place to live with the average two bedroom rent being $1,400, which is slightly lower than the US average of $1,430. Grocery costs are slightly higher in Hudson than elsewhere as indicated by its 105 index versus 100 for the rest of the country. Despite this added cost, many families choose to live in Hudson due to its lively downtown area full of shops and restaurants.
Hudson has an unemployment rate of 5.7%. The US average is 6.0%.
Hudson has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Hudson
- The Sales Tax Rate for Hudson is 6.8%. 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 $52,588 a year. The US average is $28,555 a year.
- The Median household income of a Hudson resident is $143,143 a year. The US average is $69,021 a year.