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Huntsville

Learn about the people, housing, costs and businesses in Huntsville

Median Home$296,089
Median Rent$1,315/month
Population516,951
Leading IndustriesArts, Food & Hospitality · Healthcare · Retail14% arts, food & hospitality
Home Value Growth⬆⬆+12.5% over 2 years
Young Adults30% of residentsnear the national average
Homeowners70% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
NotableHighly Educated25% bachelor's · 14% graduate · top 15% nationally
Huntsville

Frequently Asked Questions

What are today's mortgage rates in Huntsville?

Mortgage rates for Huntsville are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Huntsville?

The median home value in Huntsville is $296k. The median monthly rent is $1,315. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Huntsville?

Home values in Huntsville have increased 12.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Huntsville?

Based on a typical all-in ownership cost of $1,198/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Huntsville is $93k/year.

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What industries drive the economy in Huntsville?

The largest employment sectors in Huntsville are public administration (19%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.