Huntsville, AL is a great place to live. With an estimated population of 35,806, Huntsville offers many options for residents. The average rent for a two-bedroom apartment in Huntsville is $1,210 per month—over $200 cheaper than the US average at $1,430. This makes it an attractive option for prospective tenants who are looking for affordable housing. Another benefit of living in Huntsville is the low cost of groceries; the Grocery Cost Index is 99 versus 100 in the US.
Huntsville is also home to many major companies such as Aerojet Rocketdyne, Intergraph Corporation and Teledyne Brown Engineering Inc., providing job opportunities for its residents. In addition to this, there are numerous small businesses located in downtown Huntsville that offer unique products and services. All of these factors make Huntsville an attractive city to live in with a lower cost of living than most other areas in Alabama.
Huntsville (zip 35806) has an unemployment rate of 3.1%. The US average is 6.0%.
Huntsville (zip 35806) 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 35806)
- The Sales Tax Rate for Huntsville (zip 35806) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Huntsville (zip 35806) 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 35806)
- The average income of a Huntsville (zip 35806) resident is $39,922 a year. The US average is $28,555 a year.
- The Median household income of a Huntsville (zip 35806) resident is $66,702 a year. The US average is $69,021 a year.