Living in Holly, Michigan
Cost of living, income, home prices, rent and demographics of Holly · Census data 2020–2024
Holly has 5,964 residents with a median age of 41.2. The median household income is $64,305 (12% lower than the Michigan median), the median home value is $192,300, the median rent is $992/month.
Holly at a glance
- Population
- 5,964
- Median age
- 41.2State: 40.2
- Median household income
- $64,305State: $72,875
- Median home value
- $192,300State: $231,600
- Median rent
- $992/moState: $1,129
- Homeowners
- 70.9%
- Bachelor's degree or higher
- 21.6%
- Average commute
- 35 min
Is Holly a good place to live?
Pros: Home values 17% lower than the state median; unemployment of 4.2%; a poverty rate of 8.5%.
Cons: Median household income 12% lower than the Michigan median; an average commute of 35 minutes.
The weather is best in June to September.
Cost of living in Holly
Housing is the biggest part of the cost of living. In Holly the median home value is $192,300, 42% lower than the U.S. median. Renters pay a median of $992 per month, which is 22% of household income. Homeowners with a mortgage pay $1,506 a month in housing costs.
Holly median household income
The median household income in Holly is $64,305 and the income per person is $36,256. 8.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Holly: homes for sale and rent
- Housing units
- 2,864
- Owner-occupied
- 70.9%
- Renter-occupied
- 29.1%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.27
Holly demographics
- Population
- 5,964
- Median age
- 41.2
- Under 18
- 20.4%
- 65 and older
- 16.6%
- Households
- 2,597
- Foreign-born
- 0.7%
- Veterans
- 2.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Holly ›
Education in Holly
21.6% of adults 25 and older in Holly have a bachelor's degree or higher (Michigan: 32.4%), and 8.6% have a graduate or professional degree.
Jobs and commute in Holly
- Unemployment rate
- 4.2%State: 5.7%
- Average commute
- 35 minState: 24 min
- Work from home
- 13.2%
- Drive alone
- 73.6%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 94%
Holly vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Holly | 5,964 | $64,305 | $192,300 | $992 |
| Fenton | 11,906 | $80,000 | $235,900 | $1,275 |
| Lake Fenton | 6,417 | $116,352 | $396,800 | $1,547 |
| Linden | 4,160 | $79,464 | $239,700 | $809 |
| Grand Blanc | 7,987 | $68,052 | $235,500 | $919 |
| Goodrich | 2,022 | $110,329 | $246,400 | $1,014 |
| Ortonville | 1,341 | $98,839 | $244,400 | $956 |
| Argentine | 2,190 | $125,313 | $328,700 | $841 |
| Hartland | 912 | $112,257 | $330,000 | — |
More for people moving to Holly
Holly ZIP code ›Weather and climate ›Living in Holly: FAQ
What is the median household income in Holly, MI?
The median household income in Holly is $64,305, 12% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Holly?
The median home value in Holly is $192,300, compared with $231,600 in Michigan.
How much is rent in Holly?
The median gross rent in Holly is $992 per month, about 22% of household income.
Is Holly, MI a good place to live?
Pluses: home values 17% lower than the state median; unemployment of 4.2%; a poverty rate of 8.5%. Minuses: median household income 12% lower than the Michigan median; an average commute of 35 minutes.
What is the median age in Holly?
The median age in Holly is 41.2 years (Michigan: 40.2).
How long is the commute in Holly?
The average commute to work in Holly is 35 minutes; 13.2% of workers work from home.
What is the unemployment rate in Holly?
The unemployment rate in Holly is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Holly?
21.6% of adults in Holly have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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