Selma, AL — income, home value, property tax, and sales tax.
In ZIP 36773, near Selma, homes carry a median value of $216,700 while households bring in a median of $40,208 a year. The county's 0.41% effective property tax rate works out to roughly $888 annually on a home at that median value — a real cost against incomes near forty thousand. Per-capita income sits at $23,179. Add a 5.50% combined sales tax on purchases, and the squeeze tightens. High home values paired with lower earnings mean buyers here stretch further for housing than the tax rate alone implies.