The typical owner-occupied home in Hudson is worth about $242,700, 17% above the Iowa median of $208,000 and 27% below the national median of $332,700. Owners pay a median $3,518 a year in property taxes, about 1.45% of their home's value, close to the Iowa rate of 1.39%. The median household earns $120,481 a year, so the median home costs 2.0 times the median income (2.8 times for Iowa). 90% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Hudson at a glance
| Hudson | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $242,700 | $208,000 | $332,700 |
| Median property tax paid per year | $3,518 | $2,897 | $3,119 |
| Property tax as a share of value | 1.45% | 1.39% | 0.94% |
| Median household income | $120,481 | $75,059 | $80,734 |
| Homes lived in by their owners | 90% | 72% | 65% |
| Owner homes with a mortgage | 68% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $1,662 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 18.7% | 18.7% | 21.0% |
| Median rent | $947 | $972 | $1,413 |
| Rent as a share of renters' income | 35.0% | 27.4% | 30.6% |
| Median year homes were built | 1976 | 1972 | 1980 |
| Vacant homes | 3.4% | 8.5% | 10.1% |
| Population | 2,699 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Hudson
At this week's average 30-year rate of 7.11%, buying the median Hudson home of $242,700 with 20% down costs about $1,701 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,105, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $72,879 for the 20%-down payment. That payment is 17% of the median Hudson household income of $120,481; at that income and 20% down, the 28% guideline points to a home of about $401,000.
The median rent here is $947 a month, so owning the median home costs about $754 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $48,540 |
|---|---|
| Loan amount | $194,160 |
| Principal and interest | $1,306 |
| Property taxes (1.45% a year) | $293 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| PMI | $0 |
| Total per month | $1,701 |
Change the numbers in the calculator
| Down payment | $8,494 |
|---|---|
| Loan amount | $238,304 |
| Principal and interest | $1,603 |
| Property taxes (1.45% a year) | $293 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| FHA mortgage insurance | $107 |
| Total per month | $2,105 |
Change the numbers in the calculator
Questions about home buying in Hudson
What is the median home value in Hudson?
About $242,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hudson?
Homeowners pay a median $3,518 a year, which is about 1.45% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Hudson?
For the median home with 20% down at 7.11%, the payment is about $1,701 a month. Keeping that under 28% of gross income takes about $72,879 a year.
More about Hudson
- Mortgage Refinance in Hudson
- Debt Relief in Hudson
- Home Equity Loans in Hudson
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data