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According to statistics, the population in Selmer, TN amounts to 4,446, which shows decline -1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $26,794, shifting decline -8% from the past year, and the average property value in Selmer, TN growth 4% to $94,600 throughout the year.
|Number Of Employees||1,376|
|Median Property Value||$94,600|
The average household income in Selmer, TN declined from $29,155 to $26,794 in the past year. This data is an estimate based upon 1,789 households in Selmer, TN . The chart below presents how household income is distributed in Selmer, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Selmer, TN shifted from $91,400 to $94,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Selmer, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Selmer, TN properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Selmer, TN compared to median property taxes around the country. The prevalent amount of property taxes in Selmer, TN equals $800, which is less than the national average.