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It is the largest settlement in Strandir and serves as a centre of commerce for the county. Hólmavík is part of the Strandabyggð municipality and has 375 inhabitants (2011 census). Hólmavík is home to the Museum of Icelandic Sorcery and Witchcraft and the Holmadrangur shrimp processing plant. The modern church was built in 1968.
Hólmavík boasts a swimming pool constructed in 2004. It is the only pool in the region not geothermally heated.
Hólmavík is served by Hólmavík Airport. There has not been any scheduled flights to Hólmavík for many years. Bus schedule is provided by Strætó, Reykjavík City Bus.
- Fontaine, Andie (13 July 2018). "Songs Of The Dammed: Hvalárvirkjun And The Future Of Árneshreppur". The Reykjavík Grapevine. Retrieved 7 May 2020.
- Guðmundsdóttir, Ragna (30 July 2015). "In Strandir: Sorcery And Tourism". The Reykjavík Grapevine. Retrieved 7 May 2020.
- Ramsden, Neil (8 October 2019). "FISK pulls plug on shrimp processing, as Samherji re-enters the arena". Undercurrent News. Retrieved 7 May 2020.
- Guðmundsdóttir, Ragna (2 July 2015). "Swimming On The Edge of Nowhere: Pools In Strandir". The Reykjavík Grapevine. Retrieved 7 May 2020.
- Örlygur Hálfdánarson: Iceland Roadguide, p.256. Reykjavík 1981.