Huntsville, AL Metro Area is a great place to live! It has an affordable cost of living, with two bedroom rent costing $1,030 compared to the US average of $1,430. Grocery cost index in the area is also lower than the national average. The city boasts many thriving companies such as Boeing and Lockheed Martin and universities like University of Alabama in Huntsville and Oakwood University. There are also many attractions to enjoy such as Von Braun Center for Science & Innovation, Sci-Quest Hands-On Science Center, U.S. Space & Rocket Center and Lowe Mill Arts & Entertainment.
Huntsville Metro Area has an unemployment rate of 2.5%. The US average is 6.0%.
Huntsville Metro Area has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Huntsville Metro Area
- The Sales Tax Rate for Huntsville Metro Area is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Huntsville Metro Area is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Huntsville Metro Area
- The average income of a Huntsville Metro Area resident is $30,960 a year. The US average is $28,555 a year.
- The Median household income of a Huntsville Metro Area resident is $71,057 a year. The US average is $69,021 a year.