Hudson Oaks, TX Economy


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Hudson Oaks, TX is a great place to live with plenty of opportunities and attractions. The average rent for a two bedroom apartment in Hudson Oaks is slightly higher than the national average at $1,660, however the slightly increased cost of living is offset by the local Grocery Cost Index which is 101 compared to the national average of 100. With major employers like Walmart and TopGolf located just outside of city limits, residents have access to solid job prospects even during economic downturns. Hudson Oaks also offers plenty of activities such as golfing, hiking trails, and shopping for people looking for an escape from their day-to-day lives. For those looking for an affordable place to settle down while still having access to some great amenities and job opportunities, Hudson Oaks is definitely worth considering.

Hudson Oaks has an unemployment rate of 5.7%. The US average is 6.0%.

Hudson Oaks has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.

Tax Rates for Hudson Oaks
- The Sales Tax Rate for Hudson Oaks is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hudson Oaks is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hudson Oaks
- The average income of a Hudson Oaks resident is $43,821 a year. The US average is $28,555 a year.
- The Median household income of a Hudson Oaks resident is $110,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHudson Oaks, TexasUnited States
  5.76
  -3.9%-6.2%
  41.8%33.5%
  6.8%6.2%
  0.0%4.6%
  $48,323$37,638
  $110,833$69,021
  $116,875$85,028
  Population by Occupation
  0.5%1.2%
  1.1%0.5%
  8.1%6.8%
  18.0%10.0%
  1.2%2.5%
  10.6%11.0%
  2.9%4.8%
  6.1%0.8%
  1.9%1.9%
  3.3%4.7%
  1.6%1.9%
  6.5%7.6%
  0.0%0.1%
  2.7%4.2%
  12.6%9.3%
  9.6%14.0%
  2.9%2.1%
  3.0%7.0%
  2.8%4.8%
  4.7%4.7%
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