Hollowayville, IL is an ideal place to settle down due to its relatively low rent and cost of living. Two bedroom rents in Hollowayville are a fraction of the cost compared to the US average at $770 versus $1,430. The Grocery Cost Index in Hollowayville is 94 versus 100 in the US overall.
Local businesses in Hollowayville include Hollowayville General Store, Talbot Motors, JB's Auto Care and Repair, and Quinn's Café. With lower rental costs coupled with a low Grocery Cost Index, residents of Hollowayville can enjoy all that it has to offer while stretching their dollar further than they would elsewhere.
Hollowayville has an unemployment rate of 6.3%. The US average is 6.0%.
Hollowayville has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Hollowayville
- The Sales Tax Rate for Hollowayville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hollowayville 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 Hollowayville
- The average income of a Hollowayville resident is $23,310 a year. The US average is $28,555 a year.
- The Median household income of a Hollowayville resident is $36,250 a year. The US average is $69,021 a year.