Cost of Living,
Montgomery's Real Estate Market
Montgomery Metro Area
Profile: Capital city Location: South-central Alabama Elevation: 202 Time zone: Central Standard Time
|Historic interest||Crime rates|
|Strengthening economy||Summer heat and humidity|
|Cost of living||Air service|
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Montgomery is a steamy old Southern town with a strong legacy- first as the Confederate capital and later as a center of civil rights struggles in the mid–20th century. While some cities might shy away from this legacy, Montgomery honors it with considerable pride and dignity. It remains the state capital today, but offers only modest amenities for a capital its size. Economy and employment have been relatively strong, in keeping with the region.
Korean automaker Hyundai opened its only North American plant in the area in 2005 and is scheduled to grow to 300,000 vehicles per year. The area has good historical exhibits and museums celebrating its unique heritage, including a new Rosa Parks Library and Museum. There are a few other quality arts amenities and a Shakespeare festival. Downsides include crime, air service, and health resources, which are low by capital city standards. Crime rates are among the highest in the state.
This gently rolling area of Alabama has no significant topographic features and is a mix of open agricultural land and pine forest. The climate is humid subtropical with a strong influence from the Gulf of Mexico. Summers are warm, still, and humid with little change from day to day. Winter shifts between mild, moist, Gulf air and cool, continental, northern air. Temperature and precipitation are about average for the state.
Interesting Facts about Montgomery, Alabama
As of 2014, Montgomery's population is 205,516 people. Since 2000, it has had a population growth of 1.23 percent.--------------------
The median home cost in Montgomery is $118,700. Home appreciation the last year has been -0.10 percent.--------------------
Compared to the rest of the country, Montgomery's cost of living is 11.10% Lower than the U.S. average.--------------------
Montgomery public schools spend $9,069 per student. The average school expenditure in the U.S. is $12,435. There are about 15.5 students per teacher in Montgomery.--------------------
The unemployment rate in Montgomery is 6.60 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Montgomery jobs have Decreased by 1.86 percent.
Ranked #107 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
Ranked #258 2005 Best Places to Live
Ranked #315 Best Green Cities
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Average Commute time is 19 minutes. The National Average is 25 minutes.--------------------
Montgomery'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