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Selma, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
837
Population
$58,214
Median Income
$106,400
Home Value
36.4
Median Age

Demographics

Selma has a population of 837 with a median age of 36.4. Here is the racial and ethnic breakdown of the population:

White
93.5%
Other
5.8%
Demographic Value
Total Population837
Median Age36.4
White93.5%
Black or African American0.5%
Hispanic or Latino0.2%
Other / Two or More Races5.8%
Selma, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.5%Other: 5.8%Other: 0.7%837PopulationWhiteWhite93.5%OtherOther5.8%OtherOther0.7%

Income & Economy

The median household income in Selma is $58,214, which is 27.8% below the national median of $80,610. The per capita income is $26,306. The poverty rate is 21.0%.

$58,214
Median Household Income
$26,306
Per Capita Income
21.0%
Poverty Rate

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Education

In Selma, 90.2% of residents age 25+ have a high school diploma or higher, and 10.2% hold a bachelor's degree or higher (2.0% with a graduate or professional degree).

HS Diploma+
90.2%
Bachelor's+
10.2%
Graduate+
2.0%
Education Level % of Adults (25+)
High School Diploma or Higher90.2%
Bachelor's Degree or Higher10.2%
Graduate or Professional Degree2.0%

Housing

The median home value in Selma is $106,400, below the national median of $303,400. The median monthly rent is $910. The homeownership rate is 73.5%.

$106,400
Median Home Value
$910/mo
Median Rent
73.5%
Homeownership Rate
Housing Metric Value
Median Home Value$106,400
Median Monthly Rent$910
Homeownership Rate73.5%
Vacancy Rate4.9%

Salaries in Indiana

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Selma, Indiana?
The population of Selma, Indiana is 837 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Selma, Indiana?
The median household income in Selma, Indiana is $58,214. This is 27.8% below the national median of $80,610.
What is the median home value in Selma, Indiana?
The median home value in Selma, Indiana is $106,400. The median monthly rent is $910.
What percentage of people in Selma have a college degree?
In Selma, Indiana, 10.2% of adults age 25 and older hold a bachelor's degree or higher, and 90.2% have a high school diploma or higher.
Is Selma, Indiana an affordable place to live?
The home price-to-income ratio in Selma, Indiana is 1.8x (median home value $106,400 vs. median income $58,214), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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