Holt, MI is a wonderful place to live with a population of 48842. The 2 bedroom rent in Holt is $1,110 per month which is significantly lower than the national average of $1,430. In addition to this, the grocery cost index in Holt is 95 whereas it is 100 on a national level. Therefore, the overall cost of living in Holt is highly favorable compared to many other parts of the country.
In terms of local businesses in Holt, there are several options to choose from. Popular grocers include Meijer and Aldi while great restaurants such as La Fiesta Mexican restaurant and Thai Hut are popular spots for dining out. There are also lots of entertainment options such as AMC Lansing Mall 12 movie theater and Riverfront Park. All around, Holt has plenty to offer those looking for an affordable place to live with lots of local amenities!
Holt (zip 48842) has an unemployment rate of 4.0%. The US average is 6.0%.
Holt (zip 48842) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Holt (zip 48842)
- The Sales Tax Rate for Holt (zip 48842) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Holt (zip 48842) 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 Holt (zip 48842)
- The average income of a Holt (zip 48842) resident is $38,949 a year. The US average is $37,638 a year.
- The Median household income of a Holt (zip 48842) resident is $71,640 a year. The US average is $69,021 a year.