Holt, MN is a small city located in the Midwestern United States with a population of under 20,000 people. Housing in Holt is relatively affordable compared to the national average, with two bedroom rent being $820 compared to the US average of $1,430. The grocery cost index is 96 versus 100 in the US. Holt has several local companies operating within its city limits including Acme Manufacturing, Holt Utilities Inc., and Don's Groceries. Additionally, Holt has a strong agricultural sector producing corn, wheat, oats and soybeans for domestic consumption as well as export.
Holt has an unemployment rate of 6.6%. The US average is 6.0%.
Holt has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Holt
- The Sales Tax Rate for Holt is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Holt is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Holt
- The average income of a Holt resident is $24,544 a year. The US average is $28,555 a year.
- The Median household income of a Holt resident is $76,875 a year. The US average is $69,021 a year.