What Is The Average Household Income In Huntsville Al?

In 2019, Huntsville, AL had a population of 196k people with a median age of 36.9 and a median household income of $55,305. Between 2018 and 2019 the population of Huntsville, AL grew from 193,663 to 196,219, a 1.32% increase and its median household income grew from $53,840 to $55,305, a 2.72% increase.

What is a good salary in Huntsville Alabama?

A good salary in Huntsville, AL is anything over $51,000. That’s because the median income in Huntsville is $51,000, which means if you earn more than that you’re earning more than 50% of the people living in Huntsville. The average salary in Huntsville is $61,001. A good hourly wage in Huntsville is $24.52 per hour.

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What is the median household income in Huntsville Alabama?

Table

Population
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $56,758
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $36,762
Persons in poverty, percent  15.2%

What is a good household income in Alabama?

The household range for middle class earners in Alabama is $17,807 to $91,778 with a median family income of $66,171, the sixth lowest in the country. The middle class share of Alabama income is 46.5%, the 22nd lowest; the richest 5% of Alabama income is 21.8%, the 23rd lowest.

Is Huntsville poor?

The poverty rate in Huntsville is 18.3%. One out of every 5.5 residents of Huntsville lives in poverty. How many people in Huntsville, Alabama live in poverty? 33,458 of 182,630 Huntsville residents reported income levels below the poverty line in the last year.

What is the cost of living in Huntsville Alabama?

Huntsville cost of living is 86.0

COST OF LIVING Huntsville Alabama
Grocery 96 94.4
Health 105.1 102.2
Housing 66.3 55.9
Median Home Cost $223,500 $165,200

How much money do you need to live comfortably?

This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.

How white is Huntsville Alabama?

White: 61.34% Black or African American: 30.74% Two or more races: 2.80% Asian: 2.60%

How is the housing market in Huntsville AL?

Home values in Huntsville increased by 22.2% over the past year. The median listing price of a house in Huntsville is $285,000, according to Realtor.com (as of October 2021). Square foot listing price of a home in Huntsville is $137.

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What is the racial breakdown of Huntsville Alabama?

The 5 largest ethnic groups in Huntsville, AL are White (Non-Hispanic) (57.7%), Black or African American (Non-Hispanic) (30.4%), White (Hispanic) (3.66%), Asian (Non-Hispanic) (2.59%), and Two+ (Non-Hispanic) (2.46%).

What is middle class in Huntsville Alabama?

2-person family middle-class income range: $58,147.96 to $173,576. 3-person family middle-class income range: $68,045.87 to $203,122. 4-person family middle-class income range: $80,429.48 to $240,088.

What is considered upper class income in Alabama?

Alabama’s wealth threshold is $88,984. The state is tied with Arkansas for the fourth-lowest cost of living of all states and it’s also one of the places where you can get a larger home for less than $300,000 – the median price of a top-tier home in Alabama is $246,400.

What is considered a high salary in Alabama?

While ZipRecruiter is seeing salaries as high as $119,049 and as low as $17,945, the majority of salaries within the Average jobs category currently range between $43,330 (25th percentile) to $64,776 (75th percentile) with top earners (90th percentile) making $78,782 annually in Alabama.

Why is Huntsville AL growing so fast?

And much of that growth is due to new arrivals. In short, thousands more people are moving into Madison County each year than are moving out. Madison County added more than 50,000 people between 2010 and 2020, the largest total population gain in the state.

Is Huntsville a good place to live?

Huntsville ranked third in the 25 best places to live in the U.S. for 2021-2022. The U.S. News and World Report said the 25 cities selected offer the best combination of jobs, desirability, cost of living and quality of life. The city of Huntsville jumped up 12 spots as it was ranked number 15 in 2020.

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What is Huntsville Alabama known for?

Huntsville is a city in northern Alabama that initially grew because of its cotton and railroad industries, but today it is best known for its military technology and aerospace industries. It was here that scientists designed and tested the Saturn V rocket that would send men to the moon for the first time.

Is Huntsville Alabama affordable?

Affording Huntsville Is Easy
Huntsville metro area residents spend 20.12% of the area’s median annual household income on housing costs, including mortgage payments, rent, property taxes and utilities. That makes it the third-most affordable place to live out of the 150 metro areas in the Best Places to Live ranking.

How is the job market in Huntsville, AL?

Huntsville’s strong job market
Alabama, in general, has a strong job market, with 2.7% unemployment — well below the national average and a record low for the state. Impressively, Huntsville is doing even better, with just 2.1% unemployment thanks to the influx of well-paying jobs.

What is the average electric bill in Huntsville Alabama?

Cost of Living in Huntsville

Restaurants Edit
Utilities (Monthly) Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 123.21$
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.30$
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 63.33$

What’s a good annual gross income?

On the other hand, a $50,000 average yearly income is good enough for people living in rural areas. Therefore, we can use this information to state that a good salary in the urban area ranges from $70,000–150,000, whereas a good salary in rural areas ranges from $50,000–$80,000.

What is a good salary per year for one person?

As this is often based on multiple incomes in the one household, a single person earning at least $67,521 can be considered a good salary. What is this? This is especially the case when you consider the current median income levels in the US. For men, this is $61,417 and for women, it’s $50,982.