Huntsville is a relatively large city located in the state of Alabama. With a population of 190,582 people and 54 constituent neighborhoods, Huntsville is the fourth largest community in Alabama.
Huntsville real estate is some of the most expensive in Alabama, although Huntsville house values don't compare to the most expensive real estate in the U.S.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Huntsville is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Huntsville is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Huntsville who work in office and administrative support (13.47%), sales jobs (10.94%), and management occupations (9.55%).
Also of interest is that Huntsville has more people living here who work in computers and math than 95% of the places in the US.
Huntsville Information and Demographics
The citizens of Huntsville are very well educated compared to the average community in the nation: 39.65% of adults in Huntsville have a bachelor's degree or even advanced degree.
The per capita income in Huntsville in 2010 was $30,979, which is wealthy relative to Alabama, and upper middle income relative to the rest of the US. This equates to an annual income of $123,916 for a family of four. However, Huntsville contains both very wealthy and poor people as well.
Huntsville is an extremely ethnically-diverse city. The people who call Huntsville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Huntsville residents report their race to be White, followed by Black or African-American. Important ancestries of people in Huntsville include English, Irish, Italian, and Scottish.
The most common language spoken in Huntsville is English. Other important languages spoken here include Spanish and German.
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau and Locatoin Incorporated are deemed reliable but not guaranteed.
Information by realestate.com and altosresearch.com are deemed reliable but not guaranteed.
The chart above shows average housing rental rates. Twelve month historic rental rates are based on rental data for the market in each month.
Neighborhood and valuation information by Realtor.com. Information deemed reliable but not guaranteed.
. (Recessions shown as gray bars.)
- Current Population Survey, CES
- Current Employment Statistics.
The rent-to-mortgage payment ratio uses the adjusted market rent against a 100% loan-to-value mortgage (30-year fixed) for the median price home using MLS sales statistics. A ratio of 1.0 means that annual rent is equivalent to annual mortgage payments. Values less than 1.0 indicate rents are cheaper, and values greater than 1.0 mean mortgage payments are cheaper. (Note: taxes are not considered here.)
The rent-to-mortgage payment ratio for Huntsville was 0.82 in March 2014.
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau deemed reliable but not guaranteed.