Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.3 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $128,400 ▼ 54% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $928/mo |
| Total Housing Units | 1,039 |
| Vacant Units | 37 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Selma is a city in Indiana, located in Delaware County. The city spans 1 ZIP code and is home to approximately 2,564 residents. It is a middle-aged city, with a median age of 41.3 years.
Economically, Selma is a solidly middle-class community. The median household income of $59,700 is below the national average. Approximately 15.2% of residents live below the poverty line. The unemployment rate is 3.8%, below the national average.
The real estate market in Selma is one of the more affordable housing markets in the country. Median home values stand at $128,400, which is well below the national average. Renters typically pay around $928 per month. Homeownership is high at 86.3%, typical of suburban and family-oriented communities.
The population of Selma is moderately educated. 28.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.32%).
Selma, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47383 | 2,564 | $59,700 | $128,400 | $928 | 3.8% | 28.5% | 86.3% |