Selma, VA is a small town located in the heart of Virginia with a population of 24474. It serves as a great home for many families and businesses alike. In the area you can find several local companies such as Performance Automotive Group and UpChurch Law Firm that offer their services to the surrounding communities. Selma is also known for its many attractions like Swift Creek Mill Theatre, which offers live performances throughout the year, and The Hub Entertainment Center for indoor fun. Additionally, residents enjoy living here because of its relatively low rent prices; 2 bedroom rentals in Selma cost around $730 per month compared to $1,430 per month in the US on average. Grocery costs in Selma are also lower than the US average at 93 compared to 100 on the Grocery Cost Index.
Selma (zip 24474) has an unemployment rate of 5.4%. The US average is 6.0%.
Selma (zip 24474) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Selma (zip 24474)
- The Sales Tax Rate for Selma (zip 24474) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Selma (zip 24474) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Selma (zip 24474)
- The average income of a Selma (zip 24474) resident is $14,466 a year. The US average is $37,638 a year.
- The Median household income of a Selma (zip 24474) resident is $34,688 a year. The US average is $69,021 a year.