According to CNN Money Magazine, Huntsville Alabama real estate is one of the “100 Best Places to Live.” Since World War II, this engineering and technology hub has transformed a sleepy agricultural base into the “Space Capital of America.” The area is not only a hub for NASA, but also Boeing, Toyota, DeltaCom, the HudsonAlpha Institute for Biotechnologies and the second largest research park in the country (Cummings Research Park). It’s not surprising, then, that Huntsville AL real estate boasts the most PHDs per capita than any other American city.
The average salary is $49,187 (above the national average), but the cost of living is very low here. The median home price, for instance, is $145,000 with commercial property prices costing just $20 per square foot. Personal income tax ranges between 2-5%; Alabama is one of the few states that allows federal taxes to be deducted on state tax returns. Sales tax ranges from 5.5% in Redstone Arsenal to 8% in Gurley, Madison, New Hope and Owens Cross Roads. Personal property taxes on a $100,000 home are $580/year in Huntsville AL real estate. Along with Arkansas, Mississippi, West Virginia and Louisiana, Alabama is in the bottom five for property taxes.
Relocate America went so far as to place Huntsville Alabama real estate in their list of “Top 10 Places to Live.” While the average annual temperature is a pleasant 60.3 degrees, residents can still enjoy fall foliage, flowering spring trees, crisp winter mornings and summer heat waves. Huntsville is in the Tennessee River Valley, so the topography is actually rather unique. Monte Sano (which translates to “the Mountain of Health”), the Green Mountains, Wade Mountain, Rainbow Mountain, Madkin Mountains and Brindlee Mountain surround the area, bringing majestic beauty. Avid hikers may be interested to see the karst spring, limestone caves and Cathedral Caverns.
With the 1,879 acres of park space, bike trails, golf courses, art museums, orchestral performances and live theater, Huntsville Alabama real estate residents forget that they’re four hours from Atlanta, two hours from Birmingham and two hours from Nashville. Shoppers can choose from the Madison Square Mall and Parkway Place, in addition to numerous strip malls or power centers, as well as “live, work and play” communities like the Bridge Street Town Center. There are a number of year-round festivals in Huntsville — like the three-day Christian rock Big Spring Jam, the Panoply Arts Festival, the two-day June Black Arts Festival and the Constellation science fiction convention in October. There are also eleven public and three private golf courses situated in Huntsville AL real estate, with Hampton Cove designed by Robert Trent Jones being the most notable. With so many places to live, work and play, Huntsville Alabama real estate is idyllic for all stages of life.