Zip 35741 (Huntsville, AL) Economy


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Huntsville, AL (35741) is a great place to live. With an average two-bedroom rent of $1,170 compared to the US average of $1,430 and a grocery cost index of 101 versus 100 for the rest of the United States, this city provides great value for money. Local companies such as Redstone Federal Credit Union, Dynetics Inc., and HudsonAlpha Institute for Biotechnology are just some of the well-known businesses that call Huntsville home. Huntsville is also home to an array of shops such as The Village of Providence marketplace which offers many different stores and restaurants in one convenient location. With its wealth of local businesses and amenities, Huntsville (35741) is a great choice for anyone looking to move to an affordable and vibrant city.

Huntsville (zip 35741) has an unemployment rate of 3.1%. The US average is 6.0%.

Huntsville (zip 35741) has seen the job market decrease by -0.9% 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 35741)
- The Sales Tax Rate for Huntsville (zip 35741) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Huntsville (zip 35741) 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 35741)
- The average income of a Huntsville (zip 35741) resident is $61,951 a year. The US average is $37,638 a year.
- The Median household income of a Huntsville (zip 35741) resident is $81,857 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHuntsville, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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