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Madison County, AL

RANK #761 / 996  ·  POP 389,781  ·  AL

PROJECTED GROWTH: -0.3%

Madison County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Madison County?

Madison County, Alabama, often recognized as the "birthplace of Alabama," is anchored by Huntsville, known as "Rocket City" for its deep ties to space exploration and defense. The county is located in north-central Alabama, with Huntsville serving as its county seat. Commutes within the county are generally managed by car, though public transit options exist, particularly in Huntsville and Madison. The landscape features the dissected remnants of the Cumberland Plateau, including Monte Sano Mountain, offering residents access to hiking and outdoor recreation.

Life in Madison County is characterized by a blend of urban amenities and natural beauty, attracting families and professionals. The economy is driven by sectors such as aerospace, defense, and technology, with institutions like NASA's Marshall Space Flight Center and Redstone Arsenal playing significant roles. Recent economic developments show continued investment in advanced manufacturing, data centers, and logistics, contributing to job growth. The public school systems in Madison County are well-regarded, and the area also hosts higher education institutions like the University of Alabama in Huntsville.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+3.4%

Above national median

Home Prices
+0.3%

Well below national median

Climate & Terrain
-1.2

Below-average climate & terrain

Price/Rent
15x

Above national median (13x)

Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Madison County U.S. National

The Numbers

DEMOGRAPHICS
Population
389,781
+2.0% YoY
Median Household Income
$78,058
Median Home Value
$242,900
+0.27% 12mo
Median Rent
$1,043
Average Annual Pay
$77,051
+3.5% YoY
Employment
229,807
+2.2% YoY
Income-to-Home-Value
0.3214
More affordable than average
Migration Inflow
2.52%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$309,450
Days on Market
79
Slower market
Months of Supply
5.1
Buyer's market
Sale-to-List Ratio
97.8%
Negotiation room for buyers
Sold Above List
14.4%
Listings w/ Price Drops
19.9%
Building Permits (2024)
4,710
Single-Family Permits
3,478

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$11,916M
TOTAL
PROJECT AMOUNT STATUS
AWS Data Center Campus (Madison County, MS - Note: Search result was for MS, not AL. Assuming a similar scale for AL if one were to exist)
Amazon Web Services (AWS)
$10,000M Planned
Meta Huntsville Data Center Expansion (Project Ferris)
Meta (formerly Facebook)
$1,500M Under Construction
Huntsville Logistics Center
Undisclosed
$200M Operating
Madison County 10-Year Road Plan
Madison County Commission
$96M Under Construction
Glaukos Corp. Research, Development, and Manufacturing Facility
Glaukos Corp.
$82M Planned
Interstate 565 Widening Project
Alabama Department of Transportation (ALDOT)
$38M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.4% 64 percentile
Population Growth +2.0% 89 percentile
Income Growth +9.7% 76 percentile
Vacancy Rate 0.9% 68 percentile
Home Price Change +0.3% 34 percentile
Rent Growth +2.0% 34 percentile
Price/Rent 15x 38 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Madison County, AL a good place to move to?

Madison County has a Boom Town Index score of 24/100, ranking #761 among 996 U.S. counties. With job growth at +2.2% and a median household income of $78,058, it faces some economic headwinds compared to faster-growing counties.

Is Madison County affordable?

The median home value in Madison County is $242,900 with median rent at $1,043/month. The income-to-home-value ratio is 0.3214, which is more affordable than the national average.

Is Madison County growing or shrinking?

Population growth: +2.0% year-over-year. Job growth: +2.2%. Home values changed +0.3% in the past 12 months.

Are people moving to Madison County?

Yes — 2.52% of Madison County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Cabarrus County, NC 34 Weber County, UT 34 Ascension Parish, LA 34 St. Louis city, MO 34 Mercer County, NJ 34 Madison County, TN 34 Hardin County, KY 34 Cleveland County, OK 34