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Economy in Holland, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyHolland, MIUnited States
Unemployment Rate12.20%9.10%
Recent Job Growth-1.62%-0.12%
Future Job Growth24.56%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$19,683$27,067
Household Income$44,458$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.25%12.10%
Income between 15K and 25K11.89%10.18%
Income between 25K and 35K13.59%10.56%
Income between 35K and 50K20.62%14.98%
Income between 50K and 75K22.74%19.53%
Income between 75K and 100K10.58%12.52%
Income between 100K and 150K6.00%12.14%
Income between 150K and 250K1.51%3.91%
Income between 250K and 500K1.61%3.34%
Income greater than 500K0.20%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.84%13.81%
Professional and Related Occupations22.74%22.68%
Service15.97%14.51%
Sales and Office25.43%25.22%
Farming, Fishing, and Forestry0.69%0.68%
Construction, Extraction, and Maintenance5.38%9.37%
Production, Transportation, and Material Moving27.82%15.86%
Median Household Income

The unemployment rate in Holland, MI, is 12.20%, with job growth of -1.62%. Future job growth over the next ten years is predicted to be 24.56%.

Holland, MI Taxes

Holland, MI,sales tax rate is 6.00%. Income tax is 4.35%.

Holland, MI Income and Salaries

The income per capita is $19,683, which includes all adults and children. The median household income is $44,458.


Holland Economy SperlingViews

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