Indiana · Census place 68706
Selma town, IN
Quick answer
Selma town has 833 residents, ranking #401 of 976 places in Indiana. Median household income is $62,500, the median home is worth $99,800 and median gross rent runs $913 a month.
- Population
- 833Selma town residents
- Median household income
- $62,500Past 12 months, inflation adjusted
- Median home value
- $99,800Owner-occupied units
- Median gross rent
- $913Rent plus utilities, monthly
- Median age
- 36.8 yrsAll residents
- Homeownership rate
- 72.6%Owner-occupied households
What the numbers mean in Selma town
Housing cost measured against local earnings.
A household earning the Selma town median would spend about 17.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26.8% of residents and 72.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Winslow town 850
- Wheatfield town 841
- Hymera town 835
- Darlington town 829
- Marengo town 823
- Monroe City town 816
- Buffalo CDP 814
Keep going
More Indiana coverage.