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Huntsville Housing Market is Healthiest in Alabama

A healthy housing market is stable and affordable.

And, according to a study by New York-based SmartAsset, Huntsville has the healthiest housing market in the state.

In fact, Madison County is home to four of Alabama’s 10 healthiest markets. Huntsville is joined by Harvest at No. 2, Madison at No. 5 and Meridianville at No. 6.

In assessing the study, SmartAsset, a financial technology company, considered four factors: stability, affordability, fluidity and risk of loss.

Affordability accounted for 40 percent of the  Healthiest Markets Index, while each of the other three factors accounted for 20 percent. When data on the four factors was unavailable for certain cities, those cities were excluded from the final rankings.

To read the study and methodology, visit https://smartasset.com/mortgage/mortgage-calculator#Alabama

Huntsville No. 2 for Career Opportunities in COVID-19 Recession

We’re not No. 1, but No. 2 is pretty good.

In a recent study, Huntsville ranked No. 2 among the best places for career opportunities in the COVID-19 recession . SmartAsset analyzed 200 of the largest metro areas across seven metrics related to employment, income and access to professional development through higher education or career counseling.

Huntsville placed in the top 10 of the study for two different categories: It had the sixth-lowest unemployment rate in May 2020, at 7.6 percent, and the eighth-highest income growth over a career, at 30.47 percent.

While the metro area finishes in the bottom half of the study for its low number of career counselors and post-secondary teachers per 1,000 workers, it ranks within the top 50 for its relatively small drop in total employment over the past year (-7.26 percent) and its relatively high 2019 median income (almost $42,000).

The top 10 according to SmartAsset are: College Station-Bryan, Texas; Huntsville; Gainesville, Fla.; Lincoln, Neb.; Champaign-Urbana, Ill.; Provo-Orem, Utah; Tallahassee, Fla.; Boulder, Colo; Tucson, Ariz.; and Phoenix-Mesa-Scottsdale, Ariz.

SmartAsset is a financial technology company that provides personal finance advice on the web. The company offers free and personalized tools for personal finance decisions around homebuying, retirement, taxes and more.