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Huntsville Ranks #5 Among Best Performing Cities

By: Huntsville Real Estate Expert Mike Manosky On January 16, 2009

Amidst the gloom and doom, there’s some good news to report about metro Huntsville. Among large metro areas, Huntsville ranked #5 in the Best Performing Cities in 2008 survey conducted by the Milken Institute/Greenstreet Real Estate Partners. The Best Performing Cities ranking depicts those U.S. metropolitan areas that are recording the top economic performance.

Cities were ranked according to how well they are creating and sustaining jobs and economic growth. The ranking depicts those U.S. metropolitan areas that are recording the top economic performance for wage and salary growth.

Nationally, Huntsville ranked #5 in wage and salary growth for 2008, moving up from the #16 ranking in 2007. In other rankings, Huntsville is # 26 for 5-year job growth, and #15 for 1-year job growth. In Alabama, Montgomery ranked second behind Huntsville, which ranked as the #5 metro area overall. No other large Alabama metropolitan area grew in its ranking.

 

Job growth is important in maintaining Huntsville real estate values. Learn more about Huntsville real estate by visiting MoveToHuntsville.com.

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