56045 Hollandale, MN is a small town located in Freeborn County. Its population was 807 as of the 2019 census and it's the perfect place for those looking to settle down in a quiet area. It offers many amenities including access to local companies such as Freeborn County Co-op, Carquest Auto Parts, and US Bank. It also features various attractions like Freeborn County Historical Society Museum and Bluebird Park. 2 Bedroom rent in 56045 Hollandale is quite affordable at around $880 compared to the US average of $1,430. Grocery Cost Index in 56045 Hollandale is 95 versus 100 in the US so groceries won't break the bank either.
Hollandale (zip 56045) has an unemployment rate of 4.5%. The US average is 6.0%.
Hollandale (zip 56045) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Hollandale (zip 56045)
- The Sales Tax Rate for Hollandale (zip 56045) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hollandale (zip 56045) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hollandale (zip 56045)
- The average income of a Hollandale (zip 56045) resident is $29,936 a year. The US average is $37,638 a year.
- The Median household income of a Hollandale (zip 56045) resident is $64,375 a year. The US average is $69,021 a year.