Holland, TX Economy


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Holland, TX is a small town located in the eastern part of Texas with a population of about 1,531 people. It is an ideal place to live due to its low 2 bedroom rent which averages around $850 compared to the US average of $1,430. Additionally, grocery cost index in Holland is 92 versus 100 in the US, making it very affordable for individuals and families that live there.
Some local companies that are found in Holland, TX include A-Team Auto Parts & Repair, Burroughs Wellcome & Co., NAPA Auto Parts, Tyler's Trucking & Excavation Inc., Barrera Family Farms LLC and Thompson Repair and Welding. These companies offer a variety of services for locals as well as those visiting the area.

Holland has an unemployment rate of 7.1%. The US average is 6.0%.

Holland has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Holland
- The Sales Tax Rate for Holland is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Holland is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Holland
- The average income of a Holland resident is $16,879 a year. The US average is $28,555 a year.
- The Median household income of a Holland resident is $58,850 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolland, TexasUnited States
  7.16
  -2.8%-6.2%
  36.3%33.5%
  6.8%6.2%
  0.0%4.6%
  $27,886$37,638
  $58,850$69,021
  $80,288$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  14.5%6.8%
  8.8%10.0%
  6.3%2.5%
  7.5%11.0%
  5.3%4.8%
  1.3%0.8%
  2.2%1.9%
  0.0%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  3.3%4.2%
  24.2%9.3%
  9.0%14.0%
  0.0%2.1%
  1.4%7.0%
  2.7%4.8%
  7.5%4.7%
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