Holly Springs, NC is a great place to live! The city is home to some of the best companies like Wakemed Health & Hospitals, Holly Ridge Center, and SAS Institute. Not only is it home to big name employers, the cost of living here is quite affordable. The average rent for a two-bedroom apartment in Holly Springs is $1,810 compared to the national average of $1,430. Additionally, grocery costs are higher than average with a cost index of 101 compared to a national index of 100. Overall, those looking for employment opportunities and a reasonable cost of living should consider Holly Springs as an ideal place to live.
Holly Springs has an unemployment rate of 3.3%. The US average is 6.0%.
Holly Springs has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 53.8%, which is higher than the US average of 33.5%.
Tax Rates for Holly Springs
- The Sales Tax Rate for Holly Springs is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Holly Springs is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Holly Springs
- The average income of a Holly Springs resident is $34,257 a year. The US average is $28,555 a year.
- The Median household income of a Holly Springs resident is $120,229 a year. The US average is $69,021 a year.