Mount Holly, VT is an attractive place to live for many reasons. The cost of rent for a two bedroom apartment is much lower than the US average, with rental rates averaging at only $1,110. This means that those looking for economical living options will be able to find them in Mount Holly. Additionally, grocery costs are also slightly cheaper than what can typically be found in the US as a whole. These economic factors make Mount Holly an attractive choice for renters and buyers alike.
Mount Holly also offers plenty of opportunities for employment due to its growing economy. Local companies such as DeClerck Properties and Gedney Farm Market have been successful in providing job growth within the area. With these local businesses, people who choose to live here have access to jobs and services that help contribute to the stability of their local community.
All in all, Mount Holly is a great place to call home - offering affordability, convenience, and job security all rolled into one package.
Mount Holly has an unemployment rate of 2.8%. The US average is 6.0%.
Mount Holly has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Mount Holly
- The Sales Tax Rate for Mount Holly is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Holly is 6.8%. 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 $33,227 a year. The US average is $37,638 a year.
- The Median household income of a Mount Holly resident is $59,395 a year. The US average is $69,021 a year.