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Fast Facts

Huntsville is ASmartPlace because of our employers. We are home to Fortune 500 Companies, high-tech startups, space and defense agencies and contractors, state-of-the-art medical research facilities, and prestigious education and research institutions. We have become one of the fastest growing tech cities in the nation, while keeping a high quality of life and a low cost of living.

276,500
2023 Annual Average Employment (Huntsville Metro)
61
Foreign-based companies from 18 countries
2.1%
Unemployment rate compared to 3.6% national average (2023 Annual Average)

Huntsville Metro Population

With a 16-county regional population of 1.3 million people, our economy is strong and growing. We have recovered and even surpassed our prepandemic employment, and the region grew by 54 people per day in 2023. Based on projected job growth, an increasingly educated workforce, and investments in infrastructure and quality of life, Huntsville is prepared not only to get bigger but to keep getting better.

527,254
Huntsville Metro Area Population
U.S. Census (2023)
1.3M
Population in 16-county Labor Shed
26%
Growth Since 2010
(Huntsville Metro)
More about the Huntsville Metro Population
Detailed information on the Huntsville/Madison County, Huntsville workforce region, and Huntsville metro population.

Huntsville Economic Development

According to Moody’s Analytics, “Huntsville will be an above-average performer in the short term because of the strength in manufacturing and federal government, as well as a skewing toward high-wage jobs. Longer term, Huntsville will benefit from a high-quality workforce and strong population trends, giving it an edge over other Alabama metros.”

9%
Projected 5-year GDP growth
2024-2029 Moody’s Analytics
90.4%
Cost of Living Index
Compared to U.S. average
3,500
Expected job growth over the next 5 years
More about Huntsville Economic Development
Detailed employment and economic growth data.

Workforce

 Our workforce of highly skilled, highly educated people supports a diverse industrial base, including aerospace, defense, information technology, bioscience, and advanced manufacturing.

55%
Employment growth 2000-2024
U.S. comparison: 23%
620,273
Huntsville Regional Labor Force
73%
Workers who have attended college
(Huntsville Metro)
Workforce Data
Detailed information on our workforce of highly skilled, highly educated people in a diverse community of industries.