Zip 28120 (Mount Holly, NC) Economy


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28120 Mount Holly, NC is a great place to live with affordable options for housing and groceries. The average rent for a two bedroom apartment in this area is $1,030 per month, which is lower than the US average of $1,430 per month. Furthermore, the Grocery Cost Index in 28120 Mount Holly, NC is 97 compared to the national average of 100. In addition to these economical benefits, 28120 Mount Holly offers plenty of local attractions and businesses. For instance, some popular companies located in this area are Charlotte Hornets, Novant Health Presbyterian Medical Center, Southside Freightliners and JTJ Ventures. With its wide range of amenities and low cost of living expenses 28120 Mount Holly makes an attractive place to call home.

Mount Holly (zip 28120) has an unemployment rate of 5.0%. The US average is 6.0%.

Mount Holly (zip 28120) has seen the job market increase by 2.7% 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 (zip 28120)
- The Sales Tax Rate for Mount Holly (zip 28120) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mount Holly (zip 28120) 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 (zip 28120)
- The average income of a Mount Holly (zip 28120) resident is $27,695 a year. The US average is $28,555 a year.
- The Median household income of a Mount Holly (zip 28120) resident is $64,717 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Holly, North CarolinaUnited States
  56
  -5.6%-6.2%
  44.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $35,645$37,638
  $64,717$69,021
  $79,269$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  10.5%6.8%
  12.6%10.0%
  3.6%2.5%
  11.2%11.0%
  5.6%4.8%
  1.6%0.8%
  2.4%1.9%
  5.9%4.7%
  2.9%1.9%
  7.7%7.6%
  0.4%0.1%
  3.7%4.2%
  6.9%9.3%
  12.5%14.0%
  1.1%2.1%
  5.3%7.0%
  3.7%4.8%
  2.3%4.7%
Reviews for Mount Holly
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Over 15 years ago

Living there for 15+ years and cost of living is below other surrounding cities. Small homey feel yet as  More

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