Zip 27576 (Selma, NC) Economy


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27576 Selma, NC is a great place to live in North Carolina. It has all the amenities you would expect from a small city, including several local stores. The average two-bedroom rent here is $1,080, which is much lower than the U.S. average of $1,430, making it an ideal place for budget-minded renters. Additionally, the cost of groceries here is much lower than the national average index of 100 with an index of 95. There are plenty of local businesses such as Dollar General and Food Lion that offer competitive prices on everyday items. With its affordable rental costs and low grocery prices 27576 Selma, NC is a great option for those looking for a place to call home.

Selma (zip 27576) has an unemployment rate of 4.1%. The US average is 6.0%.

Selma (zip 27576) has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 46.3%, which is higher than the US average of 33.5%.

Tax Rates for Selma (zip 27576)
- The Sales Tax Rate for Selma (zip 27576) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Selma (zip 27576) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Selma (zip 27576)
- The average income of a Selma (zip 27576) resident is $17,935 a year. The US average is $28,555 a year.
- The Median household income of a Selma (zip 27576) resident is $46,744 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySelma, North CarolinaUnited States
  4.16
  -5.2%-6.2%
  46.3%33.5%
  6.8%6.2%
  5.3%4.6%
  $23,769$37,638
  $46,744$69,021
  $61,964$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  13.3%6.8%
  13.9%10.0%
  2.2%2.5%
  13.3%11.0%
  3.0%4.8%
  0.8%0.8%
  1.8%1.9%
  3.4%4.7%
  0.7%1.9%
  3.5%7.6%
  0.2%0.1%
  7.1%4.2%
  8.1%9.3%
  11.7%14.0%
  1.6%2.1%
  7.1%7.0%
  2.9%4.8%
  4.5%4.7%
Reviews for Selma
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Over 3 years ago

Been here for 2 years and LOVE it! My house is on a quiet road, yet I'm 5 minutes from all the stores and highways that a person could want. Pine Level is just up the  More

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