Holland, SD is a small city located in the US state of South Dakota. It is a great place to live and work as it offers beautiful landscapes, friendly people, and affordable living costs. Housing prices in Holland are significantly lower than those in other parts of the country; for example, the average 2 bedroom rent is $940 compared to the US average of $1,430.
Businesses in Holland include Rock Creek Dairy Farm LLC, VanNoord Seed Farms, and Holland Farmers Co-op. There are also many locally owned restaurants such as Al’s Place Bar & Grill that serve delicious dishes. The grocery cost index in town is 97 compared to 100 nationwide; this shows that groceries are slightly cheaper here than elsewhere and adds to its appeal as an affordable place to live.
Holland has an unemployment rate of 2.7%. The US average is 6.0%.
Holland has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.
Tax Rates for Holland
- The Sales Tax Rate for Holland is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Holland is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Holland
- The average income of a Holland resident is $22,023 a year. The US average is $28,555 a year.
- The Median household income of a Holland resident is $51,563 a year. The US average is $69,021 a year.