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Metro Economy

Huntsville is ASmartPlace to do business, from startups to Fortune 500 companies, because of our diverse and growing economy. Our primary industries are aerospace, defense, information technology, bioscience, and advanced manufacturing. The major drivers of our community include Redstone Arsenal, Cummings Research Park, the Port of Huntsville, and several industrial and business parks. Our strong economy, extensive customer base, and industrial capacity keep us at the top of the list for new projects.

Regional Labor Force
Combined Growth for Employment, GDP, and Wages
Compared to 23% U.S. and 15% Alabama
Area Employees with a College Degree
Area Employees with a Graduate or Professional Degree
Average Household Income (ACS), 2018

Economic Drivers in Huntsville

Port of Huntsville

Huntsville International Airport (HSV) is the largest commercial airport in North Alabama, serving more than 1.2 million passengers annually with 10 non-stop destinations.  The speed and service provided here put the Port of Huntsville at the #19 top-ranked airport for international cargo.

Redstone Arsenal

Located in the heart of the community, Redstone Arsenal is a 38,000-acre, federal installation that is home to more than 70 organizations including the U.S. Army, NASA, and the FBI.

Cummings Research Park

Cummings Research Park is the 2nd largest research park in the U.S. It is home to over 300 companies – a mixture of Fortune 500 companies, local and international high-tech enterprises, U.S. space and defense agencies, thriving business incubators, and higher education institutions.

Redstone Gateway

Located at Gate 9, the main entrance to Redstone Arsenal, Redstone Gateway offers business and industrial space in a mixed-use environment.

Business & Industry Resources
Information for site selectors and companies considering expansion or location in Huntsville.