Selma, IN is a small town located in the state of Indiana. It has a population of approximately 2,000 people and is known for its friendly neighborhood atmosphere. The average two bedroom rents in Selma are $870 compared to the United States average of $1430. Additionally, grocery costs are approximately 93 index points lower than the United States’ 100 point index. Some local companies in Selma include Wildseed Farms, David's Steakhouse & Bar, and Parks Lawn Service & Landscaping LLC. All in all, Selma is an affordable small town with plenty of amenities for its residents and visitors alike.
Selma has an unemployment rate of 5.0%. The US average is 6.0%.
Selma has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Selma
- The Sales Tax Rate for Selma is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Selma is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Selma
- The average income of a Selma resident is $21,505 a year. The US average is $28,555 a year.
- The Median household income of a Selma resident is $52,321 a year. The US average is $69,021 a year.