Can A Financial Analyst Afford Rent in Selma, TX?

Comfortably affordable — rent takes 15.4% of gross income.

Selma rent: June 2026. Salary: BLS OEWS May 2024 (Texas state estimate).

Selma median rent
$1,314/mo
Financial Analyst salary (Texas)
$102,307/yr
Rent as % of income
15.4%
Gross monthly income works out to about $8,526, and the 30% rule supports up to $2,558/mo in rent. Selma's median rent of $1,314 leaves roughly $1,244/mo of headroom under that threshold. A financial analyst works roughly 26.7 hours a month to cover that rent.

About rent and a financial analyst salary

Financial analyst pay covers comfortable rent in most US cities. At the national-average financial-analyst salary, the 30% rule supports about $2,584 a month in rent, which is above the median in nearly every metro tracked here.

Cheaper rent nearby

These Texas cities have lower median rent than Selma, which improves the affordability math on a financial analyst salary:

Lufkin, TX
$1,313/mo (15.4% of income)
Port Arthur, TX
$1,312/mo (15.4% of income)
Texarkana, TX
$1,311/mo (15.4% of income)

Compare with full rent data for Selma

View full rent data for Selma, TX

Frequently asked questions

Can a financial analyst afford rent in Selma, TX?

Median rent in Selma is $1,314 a month. A typical financial analyst in Texas earns about $102,307 a year, which makes that rent 15.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Selma?

Using the 30% rule, a financial analyst salary in Texas (~$102,307/yr) supports up to $2,558 a month in rent. Selma's current median rent is $1,314/mo, which leaves a $1,244/mo buffer.

How many hours does a financial analyst work to cover rent in Selma?

At an hourly equivalent of about $49 an hour, a financial analyst in Texas works roughly 26.7 hours a month to cover Selma's median rent of $1,314.

Where is rent cheaper than Selma for a financial analyst?

Nearby Texas cities with lower median rent include Lufkin ($1,313/mo), Port Arthur ($1,312/mo), Texarkana ($1,311/mo). Each shifts the affordability math materially on a financial analyst salary.

Methodology: Salary uses the BLS-derived Texas state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Selma, TX. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.