Selma, IN
Population 833 · Indiana
About Selma, IN
Selma is a small community in Indiana with a population of 833 residents. The median household income is $62,500 per year, which is near the national average. The median age in Selma is 36.8 years.
Housing in Selma has a median home value of $99,800 and median monthly rent of $913. Of the 336 total housing units, the majority are owner-occupied, with 228 owner-occupied and 86 renter-occupied units.
The unemployment rate in Selma is 8.8% and the poverty rate is 26.8%. 10.5% of residents hold a bachelor's degree or higher. The average commute time is 28.7 minutes.
Cost of Living in Selma, IN
Compared to national averages, Selma has a median household income of $62,500 (17% below the national median of $75,149). Home values average $99,800, which is 59% below the national median. Monthly rent at $913 is 21% below the US average of $1,163. Within Indiana, Selma's income is 10% below the state average of $69,330, and home values are 39% below the state median of $163,409.
Why Live in Selma, IN?
Selma offers affordable housing with a median home value of $99,800, below the US average of $244,900, and rent that’s lower than the national average at $913/month.
Potential considerations include median household income ($62,500) that falls below the national average. However, Selma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Selma has a population of 833 with a median age of 36.8 years. Compare Selma with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Selma
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hymera | 835 | $46,122 | $79,300 | Compare |
| Darlington | 829 | $53,417 | $119,700 | Compare |
| Wheatfield | 841 | $80,625 | $191,900 | Compare |
| Marengo | 823 | $43,458 | $87,500 | Compare |
| Monroe City | 816 | $70,250 | $97,500 | Compare |
| Winslow | 850 | $59,545 | $80,900 | Compare |
| Buffalo | 814 | $125,809 | $131,000 | Compare |
| Milltown | 811 | $58,419 | $125,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Selma
What is the population of Selma, IN?
The population of Selma, IN is 833 according to the latest Census data.
What is the median household income in Selma?
The median household income in Selma, IN is $62,500 per year.
What is the median home value in Selma?
The median home value in Selma, IN is $99,800.
What is the average rent in Selma?
The median monthly rent in Selma, IN is $913.
What is the unemployment rate in Selma?
The unemployment rate in Selma, IN is 8.8%.