The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Hudson is a small-sized city located in the state of Colorado. The city has a population of 2,691 inhabitants. The majority of Hudson residents report their race to be White; this is followed by American Indian and Alaskan and Black. Additionally, more than a quarter of the population of Hudson are of Hispanic or Latino origin, and 36% of the population also speak Spanish. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Hudson offers up a higher than average one way commute time of 30 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Hudson, Colorado. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Hudson and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, commute, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Colorado and national averages.
Using data and statistics Hudson has received a livability score of 60/100. This score is ranked in the 40th percentile when compared to all other cities. This is a poor rating when compared to the average of other places in the country. There are nine total categories that generate the livability score. Hudson ranks well for cost of living (A-), employment (C+) and housing (A+) Unfortunately for Hudson, there are some categories for which it does not score well, this includes: amenities (F) and education (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Hudson, the unemployment rate stands at 1.86%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Hudson market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Hudson meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Hudson. Everything else becomes a lot less important if it turns out that home prices in Hudson are simply unattainable. The median home price for Hudson homes is $249,500, which is 5.7% lower than the Colorado average. If we take a closer look at the affordability of homes in Hudson, we’ll see that the home price to income ratio is 4.8, which is 14.3% higher than the Colorado average.
|Average one way commute
|Workers who drive to work
|Workers who carpool
|Workers who take public transit
|Workers who bicycle
|Workers who walk
|Working from home