Huntsville, AL (35805) is an exciting city that offers plenty of opportunities to its residents. The median 2 bedroom rent in Huntsville is much lower than the US average at $820 per month compared to $1,430 per month for the US. Prices are also relatively low in grocery stores with a Grocery Cost Index of 91 compared to 100 for the US. Huntsville is home to companies such as Intergraph Corporation, Teledyne Brown Engineering and HudsonAlpha Institute for Biotechnology. The city also has a strong economy with sectors such as aerospace, defense, biotechnology and automotive making up a large part of it. In addition, Huntsville is known for its lush outdoor trails, vibrant arts scene, outdoor activities and historical sites. With so many things to explore and enjoy here it's no wonder why Huntsville continues to be a popular place to live.
Huntsville (zip 35805) has an unemployment rate of 3.1%. The US average is 6.0%.
Huntsville (zip 35805) 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 35805)
- The Sales Tax Rate for Huntsville (zip 35805) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Huntsville (zip 35805) 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 35805)
- The average income of a Huntsville (zip 35805) resident is $13,383 a year. The US average is $28,555 a year.
- The Median household income of a Huntsville (zip 35805) resident is $28,232 a year. The US average is $69,021 a year.