Selden, NY Economy


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Selden, NY is an attractive place for people to call home. It offers significantly lower rental rates than the US average for two bedroom apartments, with $2,330 compared to $1,430 in the US. The grocery cost index is also relatively low with 105 versus 100 in the US. This makes Selden an attractive option for individuals and families looking to save money on food and housing costs.
The city is also full of well-known local companies such as Walgreens, Dunkin Donuts, Stop & Shop Supermarket, and Barnes & Noble. These provide locals with plenty of job opportunities and make the town a great place to start a business or find employment that pays well. For those who enjoy being part of a community full of friendly people, Selden has numerous activities available such as golf courses, parks, libraries, museums and more that bring people together throughout the year. With its great value for housing and groceries as well as its lively atmosphere Selden is definitely a popular spot to live.

Selden has an unemployment rate of 6.1%. The US average is 6.0%.

Selden has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Selden
- The Sales Tax Rate for Selden is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Selden is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Selden
- The average income of a Selden resident is $29,499 a year. The US average is $28,555 a year.
- The Median household income of a Selden resident is $99,455 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySelden, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $37,502$37,638
  $99,455$69,021
  $109,795$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.9%6.8%
  6.6%10.0%
  4.2%2.5%
  17.2%11.0%
  6.5%4.8%
  0.3%0.8%
  1.6%1.9%
  3.5%4.7%
  1.4%1.9%
  6.0%7.6%
  0.0%0.1%
  3.6%4.2%
  10.8%9.3%
  15.7%14.0%
  1.0%2.1%
  2.8%7.0%
  4.5%4.8%
  5.4%4.7%
Reviews for Selden
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MORE AND MORE PEOPLE ARE AFRAID TO LEAVE THERE HOMES BECAUSE OF THE AMOUNT OF BREAK-INS. IT DOESN'T MATTER IF IT IS IN THE MIDDLE OF THE DAY OR AT NIGHT PEOPLE'S HOMES  More

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Over 16 years ago

White Trash  More

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Over 18 years ago

Good place to live, but becoming more crowded. Good schools, shopping, cultural resources nearby, outdoor activities, etc. However the cost of living here is  More

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