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Cullman County, AL

RANK #149 / 996 NAT  ·  #5 / 27 AL  ·  POP 88,284

1YR FORECAST: +1.6%

5YR OUTLOOK: +34%

#48 Best Rental Yield
Our model projects Cullman County's housing market to grow +1.6% over the next year, significantly outpacing the national average.

[01] Why Cullman County?

Cullman County, Alabama, is known for its strong German heritage, evident in annual events like Oktoberfest and the Christkindlmarkt. Located in north-central Alabama, the county seat, Cullman, sits roughly halfway between Birmingham and Huntsville, with easy access via Interstate 65. This location allows for a commute to larger cities while maintaining a distinct small-town atmosphere. The area offers outdoor recreation, including Smith Lake for boating and fishing, Hurricane Creek Park for hiking, and numerous local parks like Sportsman Lake Park.

Life in Cullman County offers a blend of community and opportunity. The public schools in Cullman County are highly rated, and Wallace State Community College in Hanceville provides local higher education options and workforce training programs. The economy has seen recent growth, with significant investments in new and expanding industries, particularly in the automotive and manufacturing sectors. This economic activity, combined with a lower cost of living and a focus on workforce development, contributes to a stable environment for families and individuals.

[02] Market Snapshot

Housing Ratio
4.5x

Below national median (4.7x)

GDP Growth
+4.5%

Well above national median

Home Prices
+4.0%

Outpacing national median

Climate & Terrain
0.6

Moderate climate & terrain

Price/Rent
9x

Strong rental yield

Housing is fairly valued at 4.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Cullman Regional Medical Center Healthcare
    1,000+
  2. 2
    Topre America Corp. Manufacturing
    500+
  3. 3
    Reliance Worldwide Manufacturing
  4. 4
    REHAU Automotive LLC Manufacturing
    250+
  5. 5
    Yutaka Technologies Manufacturing
  6. 6
    Rusken Packaging Manufacturing
  7. 7
    Golden Rod Agriculture
  8. 8
    Wallace State Community College Education
  9. 9
    Tyson Foods (River Valley Ingredients) Manufacturing
  10. 10
    Cullman County Schools Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Cullman County U.S. National

The Numbers

DEMOGRAPHICS
Population
88,284
+1.33% YoY
Median Household Income
$58,119
Median Home Value
$166,000
+4.05% 12mo
Median Rent
$848
Average Annual Pay
$51,811
+4.2% YoY
Employment
31,068
+1.2% YoY
Income-to-Home-Value
0.3501
More affordable than average
Migration Inflow
3.45%
of pop. from another state
Bachelor's Degree+
18.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$246,000
Days on Market
84
Slower market
Months of Supply
7.3
Buyer's market
Sale-to-List Ratio
97.2%
Negotiation room for buyers
Sold Above List
16.1%
Listings w/ Price Drops
20.0%
Building Permits (2024)
177
Single-Family Permits
165

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.0
per 100K · nat avg 6.3
Firearm Fatalities
15.3
per 100K · nat avg 14.8
Injury Deaths
100.5
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Score Breakdown

GDP Growth +4.5% 79 percentile
Population Growth +1.3% 79 percentile
Income Growth +10.3% 83 percentile
Vacancy Rate 1.1% 50 percentile
Home Price Change +4.0% 84 percentile
Rent Growth +6.2% 88 percentile
Price/Rent 9x 95 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Cullman County ranks #149 out of 996 U.S. counties on the Boom Town Index with a score of 85/100, putting it in the top tier nationally. Job growth of +1.2% and a median household income of $58,119 point to a county with active economic momentum.

Is Cullman County affordable?

By national standards, Cullman County is quite affordable. Homes here have a median value of $166,000, and the income-to-home-value ratio of 0.35 is well above the U.S. average — especially with median rent at just $848/month. Residents can generally buy a home without being cost-burdened.

Is Cullman County growing or shrinking?

Cullman County is growing on multiple fronts. Population is up +1.3% year-over-year while employers added jobs at a +1.2% clip — and home values reflect that momentum, rising +4.0% over the past 12 months.

Are people moving to Cullman County?

There's a moderate stream of newcomers. About 3.45% of residents moved from another state, which is above average and suggests Cullman County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[08] Similar Counties by Size & Score

Calhoun County, AL 84 Lee County, AL 87 Russell County, AL 80 Colbert County, AL 93 Walker County, AL 94 Elmore County, AL 76 Scioto County, OH 85 Sumter County, SC 85