Best Small Places for Business and Careers 2019Best Places to Retire In Each State 2018
Auburn, AL
Auburn-Opelika, AL
Auburn, AL
Auburn-Opelika, AL
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gross metro product
$6.3B
population
163.9K
median household income
$54,418
median home price
$201,000
cost of living
8% below nat'l avg
college attainment
33.4%
net migration
330 (year: 2018)
unemployment
3.3%
major industries
Education, Technology, Bio-science
job growth
1.5% (year: 2018)
As of October 2019
population
63.0K
median home price
$245,000
As of August 2018
Auburn is a college town and is the home of Auburn University, which is also central to the city's economy. Auburn is home to the Jule Collins Smith Museum of Fine Art and the Telfair Peet Theatre, which hosts dozens of yearly concerts, including a series of outdoor concerts in the fall at Kiesel Park. Other musical series in Auburn include that of the Auburn Knights Orchestra, a big band jazz orchestra, and the Sundilla Acoustic Concert Series. Recreational opportunities in Auburn include 16 parks, highlighted by Chewacla
State Park, Kiesel Park and the Louise Kreher Forest Ecology Preserve. The city is also home to the Donald E. Davis Arboretum which showcases numerous tree species native to Alabama and the Southeast.
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College town (Auburn University) of 63,000 in Appalachian foothills. Median home price $245,000. Cost of living 4% above national average. PROS: Above-average rank on Milken Institute list of best places for successful aging, good air quality. Strong economy. No state estate/inheritance tax, no state income tax on Social Security, state income tax breaks on pension income. Low serious crime rate. CONS: Not very walkable. Doctors per capita below national average. NOTED: Elevation 700 feet. Warm climate. Top marginal income
tax rate 5.0%. TRIVIA: Named for a description in an Irish poem.
Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
Numbers as of October 2019
a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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