| ZIP Code | 47383 |
|---|---|
| City | Selma |
| State | Indiana (IN) |
| County | Delaware County |
| Area Code | 765 |
| Elevation | 998 ft |
| Latitude | 40.156112 |
|---|---|
| Longitude | -85.267079 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18035 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.3 yrs ↓ 6% since 2019 |
|---|---|
| Avg Household Size | 2.55 |
| Below Poverty | 15.2% ▲ 52% above avg |
| College Grads | 28.5% ▼ 27% below avg |
| Unemployment | 3.8% ▼ 23% below avg |
| No HS Diploma | 8 (0.5%) |
| HS Graduate | 591 (36.7%) |
| Some College | 224 (13.9%) |
| Associates | 330 (20.5%) |
| Bachelors | 175 (10.9%) |
| Graduate Degree | 284 (17.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,700 ▼ 22% below avg ↓ 6% since 2019 |
|---|---|
| Median Home Value | $128,400 ▼ 54% below avg ↓ 9% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $928/mo ↑ 18% since 2019 |
| Total Units | 1,039 |
| Vacant Units | 37 |
| Avg HH Size | 2.55 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,039 |
|---|---|
| Vacant | 37 |
| Owner Occupied | 86.3% |
| Renter Occupied | 13.7% |
| Avg HH Size | 2.55 |
ZIP code 47383 is located in Selma, Indiana, within Delaware County. With a population of 2,564, this is a sparsely populated ZIP code with a middle-aged community — the median age is 41.3 years. Economically, 47383 is a solidly middle-class ZIP code: the median household income of $59,700 is below the national average.
Real estate in ZIP code 47383 represents one of the more affordable housing markets in the country. The median home value of $128,400 is well below the national average. Renters can expect to pay around $928 per month in median rent. Homeownership is strong here — 86.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 9% since 2019.
The population of 47383 is primarily White (95.32%). Residents are moderately educated — 28.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 15.2%. Household income has declined by 6% since 2019.
The unemployment rate in 47383 stands at 3.8%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 88%.
Overall, ZIP code 47383 in Selma, IN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 2,564 residents, a median household income of $59,700, and a median home value of $128,400, it offers a clear picture of life in this part of Indiana.