Zip 49424 (Holland, MI) Economy


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Holland, Michigan (49424) is a great place to call home. The average two bedroom rent in the area is $1,150 a month, significantly less than the average of $1,430 in the U.S. Additionally, the Grocery Cost Index in Holland is 97 compared to 100 in the U.S., making it more affordable to purchase groceries for your family.Many local companies are found in Holland such as Haworth Inc., Gentex Corporation and BarFly Ventures all offering excellent employment opportunities for those looking to live in the area. Other notable employers include Herman Miller Inc., Johnson Controls International Plc and Macatawa Bank Corp providing jobs for those living in Holland and its surrounding areas.

Holland (zip 49424) has an unemployment rate of 4.4%. The US average is 6.0%.

Holland (zip 49424) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.

Tax Rates for Holland (zip 49424)
- The Sales Tax Rate for Holland (zip 49424) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Holland (zip 49424) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Holland (zip 49424)
- The average income of a Holland (zip 49424) resident is $25,961 a year. The US average is $28,555 a year.
- The Median household income of a Holland (zip 49424) resident is $73,383 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolland, MichiganUnited States
  4.46
  -6.1%-6.2%
  34.9%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,918$37,638
  $73,383$69,021
  $88,736$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  3.6%6.8%
  35.6%10.0%
  2.2%2.5%
  8.9%11.0%
  3.2%4.8%
  0.7%0.8%
  1.1%1.9%
  2.1%4.7%
  0.8%1.9%
  3.7%7.6%
  0.0%0.1%
  2.9%4.2%
  9.3%9.3%
  9.4%14.0%
  1.1%2.1%
  6.7%7.0%
  5.5%4.8%
  1.7%4.7%
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