Holland township, MN is a great place to live. The cost of living in Holland township is much lower than the US average. For example, the median 2 bedroom rent in Holland Township is $860 compared to $1,430 in the US. The Grocery Cost Index in Holland Township is 95 versus 100 in the US. This makes it easier for residents to afford groceries on a budget. There are many local businesses that contribute to the economy of Holland Township including John's Bakery, Dutch's Butcher Shop, and Milly's Market. Residents enjoy the convenience these stores provide when shopping for everyday necessities.
Holland township (Kandiyohi County) has an unemployment rate of 4.9%. The US average is 6.0%.
Holland township (Kandiyohi County) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Holland township (Kandiyohi County)
- The Sales Tax Rate for Holland township (Kandiyohi County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Holland township (Kandiyohi County) 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 Holland township (Kandiyohi County)
- The average income of a Holland township (Kandiyohi County) resident is $35,532 a year. The US average is $37,638 a year.
- The Median household income of a Holland township (Kandiyohi County) resident is $86,250 a year. The US average is $69,021 a year.