Holly Grove, AR is an affordable and welcoming town with many different options for living expenses. Renting a two bedroom apartment is significantly lower than the US average of $1,430 at only $750. Grocery costs are also lower in Holly Grove, with the Grocery Cost Index being 91 compared to 100 in the US. Holly Grove has plenty of local businesses that contribute to its welcoming atmosphere such as Wal Mart, Bud's Bait & Tackle, and Grandpa's Pawn shop. Other popular establishments include Poppy's Place, The Hideout Bar & Grill, and the Old Library Café. With its various shops and restaurants, Holly Grove is a great place for anyone looking to save money while still enjoying all the amenities of a small town.
Holly Grove has an unemployment rate of 6.1%. The US average is 6.0%.
Holly Grove has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Holly Grove
- The Sales Tax Rate for Holly Grove is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Holly Grove is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Holly Grove
- The average income of a Holly Grove resident is $19,358 a year. The US average is $37,638 a year.
- The Median household income of a Holly Grove resident is $31,500 a year. The US average is $69,021 a year.