Selma, AL Economy


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Selma, AL is a city located in Dallas County with a population of 20,756. It is the county seat and has a rich history. The rent for two bedroom places is lower than the national average at $840 compared to $1,430 across the United States. The grocery cost index in Selma is also less than the national average at 92 versus 100. Some of the major employers in Selma are Walmart Distribution Center, Vaughan Regional Medical Center, Alabama Power Company, and BB&T Financial Services. These businesses provide great opportunities to those living in this area.

Selma has an unemployment rate of 9.4%. The US average is 6.0%.

Selma has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 14.5%, which is lower than the US average of 33.5%.

Tax Rates for Selma
- The Sales Tax Rate for Selma is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Selma is 5.0%. 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 $15,698 a year. The US average is $28,555 a year.
- The Median household income of a Selma resident is $29,656 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySelma, AlabamaUnited States
  9.46
  -5.8%-6.2%
  14.5%33.5%
  10.0%6.2%
  5.0%4.6%
  $19,262$37,638
  $29,656$69,021
  $43,569$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  4.6%6.8%
  21.8%10.0%
  1.6%2.5%
  9.6%11.0%
  4.0%4.8%
  0.9%0.8%
  1.6%1.9%
  6.2%4.7%
  0.8%1.9%
  1.0%7.6%
  0.0%0.1%
  5.1%4.2%
  13.7%9.3%
  12.9%14.0%
  0.7%2.1%
  5.9%7.0%
  4.4%4.8%
  4.2%4.7%
Reviews for Selma
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Over 3 years ago

Really a pit of horrid. This place is so racist. I would not recommend for anyone. White folks should stay away it’s not  More

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Over 6 years ago

Awful place to live it’s boring, nothing going on here at  More

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Over 16 years ago

Selma isn't the place for me, but it does have a lot to offer. There is enormous amounts of history in Selma. Being the mother of three, I don't think it such a great  More

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