Hudson, Iowa is a small city with a population of 50643. The average rent for a two bedroom in Hudson is $1,020, which is significantly lower than the US average of $1,430. In terms of groceries and other necessities, the Grocery Cost Index in Hudson is 98 versus 100 in the US.
While not as bustling as some larger cities, Hudson still has several local businesses that provide essential services and support to the community. There are multiple banks like BankIowa and Citizens First State Bank; pharmacies such as Walgreens and CVS; various restaurants including Little Caesars Pizza and Old Country Buffet; and retailers like Walmart Supercenter and Bargain Outlet. These stores provide employment opportunities for many locals while also providing goods and services to help ensure that life in Hudson runs smoothly.
Hudson (zip 50643) has an unemployment rate of 4.7%. The US average is 6.0%.
Hudson (zip 50643) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Hudson (zip 50643)
- The Sales Tax Rate for Hudson (zip 50643) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hudson (zip 50643) is 11.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hudson (zip 50643)
- The average income of a Hudson (zip 50643) resident is $40,384 a year. The US average is $37,638 a year.
- The Median household income of a Hudson (zip 50643) resident is $102,188 a year. The US average is $69,021 a year.