Zip 35801 (Huntsville, AL) Economy


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Huntsville, AL 35801 is a city known for its vibrant job market, particularly in the space and defense industries. Major companies like Boeing, Northrop Grumman, Raytheon Technologies, and Aerojet Rocketdyne have offices in Huntsville. It is also home to the US Space & Rocket Center, an important educational facility related to space exploration. The two bedroom rent cost here is quite affordable at $1,090 compared to the national average of $1,430. The grocery cost index in Huntsville is also right on par with that of the US average at 100. This makes life here quite comfortable for those looking for employment or business opportunities in any of these key industries.

Huntsville (zip 35801) has an unemployment rate of 3.1%. The US average is 6.0%.

Huntsville (zip 35801) 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 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Huntsville (zip 35801)
- The Sales Tax Rate for Huntsville (zip 35801) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Huntsville (zip 35801) 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 (zip 35801)
- The average income of a Huntsville (zip 35801) resident is $40,380 a year. The US average is $28,555 a year.
- The Median household income of a Huntsville (zip 35801) resident is $85,880 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHuntsville, AlabamaUnited States
  3.16
  -0.9%-6.2%
  40.9%33.5%
  9.0%6.2%
  5.0%4.6%
  $51,986$37,638
  $85,880$69,021
  $116,218$85,028
  Population by Occupation
  0.2%1.2%
  1.5%0.5%
  4.7%6.8%
  9.8%10.0%
  2.3%2.5%
  9.7%11.0%
  2.2%4.8%
  0.8%0.8%
  2.2%1.9%
  3.1%4.7%
  2.4%1.9%
  18.9%7.6%
  0.1%0.1%
  2.6%4.2%
  6.0%9.3%
  13.2%14.0%
  2.4%2.1%
  6.9%7.0%
  3.5%4.8%
  7.4%4.7%
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