Selma, CA, with a zip code of 93662 is a charming town located in the heart of the Central Valley. Residents are proud to call this city their home and enjoy the community-oriented atmosphere it offers. The cost of living in Selma, CA is much lower than other cities within California, as two-bedroom rents start at $1,280 per month compared to the US average of $1,430 per month. Further, grocery costs are further reduced due to a Grocery Cost Index in Selma of 99 versus 100 in the US.
The city is home to several notable companies such as Sierra Pacific Industries, Intermountain Farmers Association and Dairyman’s Creamery which provide employment opportunities for locals as well as draw tourists to the area. In addition to these larger companies there are also many small businesses that contribute to the economy such as local restaurants and boutiques which have become popular destinations for both residents and visitors alike.
Selma (zip 93662) has an unemployment rate of 9.9%. The US average is 6.0%.
Selma (zip 93662) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Selma (zip 93662)
- The Sales Tax Rate for Selma (zip 93662) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Selma (zip 93662) is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Selma (zip 93662)
- The average income of a Selma (zip 93662) resident is $16,297 a year. The US average is $28,555 a year.
- The Median household income of a Selma (zip 93662) resident is $49,504 a year. The US average is $69,021 a year.