Selma, CA

Below Avg · 87

California · Population 24,586 · Updated March 2026

$1,202
Median Rent / Month
$55,839
Median Income
$288,700
Median Home Value
$1,196
Owner Costs / Month

Affordability

How far your income goes in Selma

25.8%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$14,424
Annual Rent
$7,427
State Income Tax
$2,050
Property Tax (est.)

Cost of Living Overview

Selma offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 87 (where 100 equals the national median), Selma residents can expect to pay median rent of $1,202/month while earning a median household income of $55,839/year.

The median home value in Selma, CA is $288,700, with typical monthly owner costs around $1,196 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.8%, Selma falls within the generally affordable range, though it's approaching the 30% burden threshold.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Selma.

Frequently Asked Questions

Common questions about living costs in Selma

What is the cost of living in Selma, CA?
The cost of living index in Selma, CA is 87 (US average = 100). Median monthly rent is $1,202, median household income is $55,839/year, and the median home value is $288,700.
Is Selma, CA affordable?
Yes, Selma is more affordable than the national average with a cost index of 87. The rent-to-income ratio is 25.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Selma, CA?
The median gross rent in Selma, CA is $1,202 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,424.
What is the median household income in Selma?
The median household income in Selma, CA is $55,839 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.