Thinking about moving to Huntsville?
You’ll be in good company. Between 2010 and 2016, more than 12,974 people have moved to Huntsville, an increase of 7.2%. New residents are attracted to Huntsville’s passion for craft beer, majestic mountain views, and love of both the arts and sciences.
Huntsville is home to 193,079 Huntsvillians. With an area of 209.1 square miles, Huntsville has a population density of 923 persons per square mile, which makes it less dense than many other cities of comparable size.
The Huntsville, AL Metropolitan Statistical Area boasts a population of 449,720 people, of which Huntsville proper’s population makes up 43%.
One of Huntsville’s greatest strengths is its relatively affordable housing market. The median home value in Huntsville is $138,100, -31% below the US median value, according to Zillow. The median price per square foot in Huntsville is $84. Over the past 5 years, home values in Huntsville have increased by 1%.
Renters in Huntsville will also have an easy time finding affordable housing. The median rent in Huntsville is $995 per month, which is 30% lower than the US median. Over the past year, rental rates in Huntsville have increased by 0.1%.
Huntsville’s economy has been a bit sluggish over the past few years. The Huntsville metro area’s GDP grew by 14% between 2011 and 2016, from $21.8 billion in 2011 to $24.8 billion in 2016, a total increase of $3. billion. The metro area has a per capita GDP of $55,248. According to the US Census Bureau, the median household income in Huntsville is $55,947, 5% lower than the national median. Huntsville’s unemployment rate is 4.6%.