Selma is a city in Alabama state in USA with a population of 17762 residents.. The poverty rate of Selma is 36.2%, which is 159% higher than national average. The typical household in Selma earns $26581 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 74.1% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Selma are struggling financially. Nearly one in every 1 in every 7 workers in Selma is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Selma, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Selma remained 13.7%, which is 191% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Selma, only 20% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Selma is 81, which is 19% lower than national average. Median home value in Selma is $90500 , which is 61% lower than national average. While median income in Selma remained $26581, which is 61% lower than national average.