Mount Holly, North Carolina is a small town located in the Charlotte metropolitan area. It has a population of 14,000 and is situated on the banks of the Catawba River. The city has a vibrant historic downtown district filled with retail stores, restaurants, and art galleries. It's also home to several local companies such as Performance Automotive Group, R&R TRUCKING INC., and Big Mike’s Bait & Tackle. \nThe cost of living in Mount Holly, NC is quite affordable compared to other cities in the US with two bedroom rent averaging around $1,080 per month which is much lower than the national average of $1,430 per month. Even groceries are cheaper here with an index rating of 97 compared to 100 in the US. All this makes Mount Holly a great place for those looking for an affordable place to live.
Mount Holly has an unemployment rate of 5.0%. The US average is 6.0%.
Mount Holly has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.
Tax Rates for Mount Holly
- The Sales Tax Rate for Mount Holly is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mount Holly 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 Mount Holly
- The average income of a Mount Holly resident is $36,030 a year. The US average is $37,638 a year.
- The Median household income of a Mount Holly resident is $64,742 a year. The US average is $69,021 a year.