36701 Selma, AL is an ideal place to call home for many reasons. The 2 bedroom rent in this area is just $850 compared to the national average of $1,430, making it a much more affordable option. Furthermore, the grocery cost index in 36701 Selma, AL is 93 compared to the national average of 100, meaning that groceries are relatively cheap. Not only does 36701 Selma offer its residents affordability but also a variety of local companies and amenities. Its close proximity to Montgomery allows residents access to businesses such as Walmart and Target while locally owned establishments like David's Supermarket and Fish Market Seafood take care of everyday needs. Other local hotspots include Surfside Café for eats and drinks, Red Door Gallery for art lovers, and Riverfront Park if you're looking for some outdoor fun!
Selma (zip 36701) has an unemployment rate of 9.4%. The US average is 6.0%.
Selma (zip 36701) has seen the job market decrease by -5.8% 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 (zip 36701)
- The Sales Tax Rate for Selma (zip 36701) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Selma (zip 36701) 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 (zip 36701)
- The average income of a Selma (zip 36701) resident is $22,207 a year. The US average is $37,638 a year.
- The Median household income of a Selma (zip 36701) resident is $40,226 a year. The US average is $69,021 a year.