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ZipNumbers

Tennessee · Census place 66940

Selmer town, TN

Quick answer

Selmer town has 4,456 residents, ranking #126 of 504 places in Tennessee. Median household income is $48,092, the median home is worth $111,600 and median gross rent runs $671 a month.

Population
4,456Selmer town residents
Median household income
$48,092Past 12 months, inflation adjusted
Median home value
$111,600Owner-occupied units
Median gross rent
$671Rent plus utilities, monthly
Median age
40.5 yrsAll residents
Homeownership rate
66.6%Owner-occupied households

What the numbers mean in Selmer town

Housing cost measured against local earnings.

A household earning the Selmer town median would spend about 16.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.8% of residents and 66.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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