Holly Pond, AL is a small town located in the northern part of the state. It is close to larger cities such as Birmingham and Huntsville, making it an ideal place for those who desire suburban living. The rent costs for 2 bedrooms in Holly Pond are much lower than the national average, making it a great place for families to save money on housing. The Grocery Cost Index in Holly Pond is also lower than the national average at 94 versus 100 in the US.
The town offers many local businesses such as Woodridge Veterinary Clinic, which provides services for companion animals; JP Morgan Pharmacy offering medicine refills; Hampton Creek Foods providing locally grown produce; and C&T Repair offering auto repair services. Local stores like Farmhouse Market and Sweetland Boutique provide great shopping experiences while restaurants such as Copper Top BBQ and Honey Baked Ham serve up delicious meals. All of these businesses contribute to the wonderful atmosphere that makes Holly Pond a great place to live.
Holly Pond has an unemployment rate of 2.0%. The US average is 6.0%.
Holly Pond has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Holly Pond
- The Sales Tax Rate for Holly Pond is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Holly Pond is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Holly Pond
- The average income of a Holly Pond resident is $16,984 a year. The US average is $28,555 a year.
- The Median household income of a Holly Pond resident is $43,594 a year. The US average is $69,021 a year.