Zip 48442 (Holly, MI) Economy


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48442 Holly, MI is a great place to live and offers an affordable cost of living. The average two bedroom rent in Holly is $1,190 compared to the US average of $1,430. Additionally, grocery prices in Holly are only 97% of national averages.
The city offers many amenities and services such as SuperValu, Dollar General, Rite Aid Pharmacy and the Dort Federal Credit Union for local banking needs. There are also small businesses owned by residents like RJ's Automotive Repair which provides repairs and maintenance services for locals. Another popular spot is Marv's Bakery where you can find cakes, cookies and other treats for special occasions.

Holly (zip 48442) has an unemployment rate of 3.5%. The US average is 6.0%.

Holly (zip 48442) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Holly (zip 48442)
- The Sales Tax Rate for Holly (zip 48442) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Holly (zip 48442) 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 Holly (zip 48442)
- The average income of a Holly (zip 48442) resident is $29,203 a year. The US average is $28,555 a year.
- The Median household income of a Holly (zip 48442) resident is $68,908 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolly, MichiganUnited States
  3.56
  -10.6%-6.2%
  38.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $38,379$37,638
  $68,908$69,021
  $90,215$85,028
  Population by Occupation
  1.1%1.2%
  0.2%0.5%
  8.2%6.8%
  21.3%10.0%
  3.7%2.5%
  9.4%11.0%
  1.9%4.8%
  0.1%0.8%
  0.8%1.9%
  3.6%4.7%
  2.4%1.9%
  6.2%7.6%
  0.2%0.1%
  6.1%4.2%
  8.0%9.3%
  13.2%14.0%
  1.5%2.1%
  4.7%7.0%
  4.5%4.8%
  2.9%4.7%
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