Passive real estate investors should have Huntsville, Alabama at the top of their list. The City of Huntsville, Alabama, is the 2022-2023 best place to live in the United States, according to a ranking by U.S. News & World Report (read the full article here). As the most populous city in Alabama and home to , this aerospace and manufacturing hub was just chosen as the #1 place to live in America. Huntsville is a wise investment because of its low cost of living, steady job and population growth and a bustling economy. With higher education options such as Alabama A&M and the University of Alabama in Huntsville, the supply of students looking for off-campus housing is also a nice benefit for investors.
In addition to being the No. 1 Best Place to Live, U.S. News also named Huntsville the:
- No. 54 Best Place to Retire
- No. 1 Best Place to Live in Alabama
- No. 3 Most Affordable Place to Live
- No. 16 Fastest-Growing Place
Industries that call Huntsville home and provide thousands of jobs for its workforce include:
ADTRAN, Inc.
Advanced Turbine Engine Company
Camber Corporation
Dynetics
NASA/Marshall Space Flight Center
Redstone Federal Credit Union
Torch Technologies
Toyota Motor Manufacturing Alabama
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