James Morgan, a real estate broker from Huntsville, Alabama, has experience working both domestically and internationally. He claims that Northern Alabama is the only location he would rather be at the moment. He claims that many of his clients seem to share this sentiment.
“We have clientele from California, of course, as well as Pennsylvania, Colorado, and Michigan—many Michiganders visit us. Thus, there would be a lot of growth, he stated.
The desire of individuals to reside in the Southeast has been evident for the past ten or more years, according to Josh Wright, executive vice president for growth at Lightcast.
The Huntsville region, where Morgan and his spouse Angie have been selling real estate for 20 years, is the driving force behind Alabama’s economic boom. The population of metropolitan Huntsville, which is home to the 7,000-person NASA Marshall Space Flight Center and significant Google and Facebook data centers, has increased by 7% in the last three years alone.
Morgan remarked, “There’s a distinct quality of life in the Huntsville area compared to the rest of Alabama.” “It’s a melting pot; a highly educated and diverse group.”
That is supported by the numbers.
The U.S. Census Bureau’s 2022 net migration of workers with college degrees placed Alabama in a solid 14th place. This is an important factor in Alabama’s 2024 ranking as the Most Improved State in CNBC’s annual competitiveness survey, America’s Top States for Business, since it moved up from last position the previous year.
Alabama jumps up 22 spots to take the 20th spot overall in the CNBC rankings. This is mostly because the state’s Workforce rank has increased by 20 spots, and it is currently tied for 24th place with Wisconsin and New Hampshire. According to the study’s methodology, the Workforce category makes up 15% of a state’s overall score. Metrics used in this area include migration data from the Census Bureau and a talent attraction index created by workforce analytics firm Lightcast for CNBC, in which Alabama is ranked No. 14.The desire of individuals to reside in the Southeast has been evident for the past ten or more years, according to Josh Wright, executive vice president for growth at Lightcast.
The Huntsville region, where Morgan and his spouse Angie have been selling real estate for 20 years, is the driving force behind Alabama’s economic boom. The population of metropolitan Huntsville, which is home to the 7,000-person NASA Marshall Space Flight Center and significant Google and Facebook data centers, has increased by 7% in the last three years alone.
Morgan remarked, “There’s a distinct quality of life in the Huntsville area compared to the rest of Alabama.” “It’s a melting pot; a highly educated and diverse group.”
