Holly, MN is a small city located in southeastern Minnesota. With a population just shy of 300 people, it is the perfect place to escape the hustle and bustle of everyday life. The average two bedroom rent here is $780, which is much lower than the US average of $1,430. Additionally, Holly has a Grocery Cost Index of 94 compared to the US index of 100. Companies based in Holly, MN include Harvest Foods & Spirits, Woodland Dairy LLC, and Crawford & Son Construction Inc. All three companies are family-owned and operated, adding to the city’s small-town charm.
Holly has an unemployment rate of 6.4%. The US average is 6.0%.
Holly has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Holly
- The Sales Tax Rate for Holly is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Holly 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 Holly
- The average income of a Holly resident is $40,479 a year. The US average is $37,638 a year.
- The Median household income of a Holly resident is $68,750 a year. The US average is $69,021 a year.