Cost of Living,
Hoover's Real Estate Market
Birmingham-Hoover Metro Area
Profile: Mid-sized city Location: North-central Alabama, about 300 miles north of the Gulf of Mexico Elevation: 618 Time zone: Central Standard Time
|Arts and culture||Air service|
|Diversifying economy||Crime rates|
|Mild winters||Summer heat and humidity|
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Birmingham is one of the South’s most misunderstood cities. A former steel and manufacturing center once known as the “Pittsburgh of the South,” Birmingham is still thought by many outsiders to combine the grittiness of this legacy with some of the other more unsavory images of the old South. But the truth is far different: Birmingham has experienced a major economic turnaround, and while not quite as far along as noted Southern stars like Charlotte, Raleigh Durham and Atlanta, the area has come a long way.
The steel industry is still evident but has transitioned into higher value-add manufacturing enterprises supporting the South’s growing automotive assembly industry, which surrounds the city in a few-hundred-mile radius in places like Tuscaloosa (Mercedes) Lincoln, AL (Honda), Montgomery, AL (Hyundai), and Spring Hill and Smyrna, TN (Saturn and Nissan). Beyond this industry, the economy has moved decidedly towards more new-economy enterprises in research, medicine, banking, finance, and technology. The area has become a magnet for young educated workers and their families looking for alternatives to Atlanta and other booming Southern centers. Nice older (and some newer) suburban neighborhoods have grown mainly south of the city towards Vestavia Hills and Hoover. The area scores relatively well in healthcare, arts, and the economy, and poorly in air service and climate.
Birmingham is located in a valley within a hilly area in the Appalachian foothills. Ridges rise to 600 feet above the valley floor, with a mix of open land and forest. The climate is decidedly southern, humid subtropical with a modifying influence from the Gulf of Mexico. Summers are long, hot, and humid with frequent thunderstorms. Winters are mild. Total annual rainfall is among the highest in the United States.
Interesting Facts about Hoover, Alabama
As of 2014, Hoover's population is 81,132 people. Since 2000, it has had a population growth of 22.72 percent.--------------------
The median home cost in Hoover is $229,600. Home appreciation the last year has been -0.30 percent.--------------------
Compared to the rest of the country, Hoover's cost of living is 4.80% Higher than the U.S. average.--------------------
Hoover public schools spend $12,222 per student. The average school expenditure in the U.S. is $12,435. There are about 14.1 students per teacher in Hoover.--------------------
The unemployment rate in Hoover is 3.70 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Hoover jobs have Decreased by 0.96 percent.
Ranked #1 2005 High Gas Prices
Ranked #2 Most Congested Cities
Ranked #3 Worst Cities for Respiratory Infections
Ranked #3 Best Block Party Places
Ranked #4 Hypertension Hot Spots
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Average Commute time is 24 minutes. The National Average is 25 minutes.--------------------
Hoover's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes