Omaha Mortgage Calculator for Selma, Iowa (52588)

Free omaha mortgage calculator for residents of Selma, Iowa. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$76,661
per year in Selma
MEDIAN HOME VALUE
$202,060
in Selma, IA
HOUSING AFFORDABILITY: VERY AFFORDABLE

Home prices are well within reach for median-income households in this area.

Local Context for Selma, Iowa

In Selma, Iowa (Van Buren County, ZIP area), the median household income is $76,661 per year and the median home value is $202,060. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Selma, Iowa (ZIP 52588)

City Selma, Iowa
County Van Buren County
ZIP Code 52588
State Iowa
Time Zone Chicago
Median Household Income $76,661/year
Median Home Value $202,060

Housing & Cost of Living — Selma, Iowa

Affordability Tier Affordable
Price-to-Income Ratio 2.6x
Est. Monthly Mortgage (20% down, 6.65%) $1,038/mo
Mortgage as % of Monthly Income 16.2%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median 35% below the national median
Housing Market Tier Affordable Market
Cost of Living Index 68 (Significantly Below Average)

A price-to-income ratio of 2.6x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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