Hollywood, Minnesota 

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Economy in Hollywood, Minnesota

Hollywood has an unemployment rate of 3.0%. The US average is 3.7%.

Hollywood has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Hollywood
- The Sales Tax Rate for Hollywood is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hollywood 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 Hollywood
- The average income of a Hollywood resident is $36,300 a year. The US average is $28,555 a year.
- The Median household income of a Hollywood resident is $80,268 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYHollywood, MinnesotaUnited States
  3.0%3.7%
  1.8%1.6%
  38.0%33.5%
  7.4%6.2%
  7.1%4.6%
  $39,174$31,177
  $74,554$57,652
  $82,917$70,850
  POPULATION BY OCCUPATION
  14.1%1.3%
  0.0%0.6%
  6.2%6.2%
  18.1%10.4%
  4.0%2.7%
  11.9%11.6%
  3.6%4.1%
  1.2%0.9%
  1.0%2.1%
  2.2%4.7%
  0.3%1.9%
  7.1%6.7%
  0.3%0.1%
  2.6%4.3%
  6.2%9.3%
  13.1%13.8%
  0.0%2.2%
  0.9%7.4%
  4.5%4.9%
  2.6%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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