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Selma town, Indiana Demographics & Population 2026

High PovertyPoverty rate of 26.8% is well above the state average
Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, Selma town, Indiana has a total population of 833, the 401st largest city in Indiana, with a median household income of $62,500, which is 11% lower than the state average. The poverty rate is 26.8%.

Key Takeaways

Selma town Quick Facts

Population 833
Median Household Income $62,500
Median Home Value $99,800
Poverty Rate 26.8%
Unemployment Rate 8.8%
Median Age 36.8 years
Homeownership Rate 72.6%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 10.5%
High School Graduation Rate 89.9%
Diversity Index 8/100
Population 833 401st of 967
Median Income $62,500 average
Poverty Rate 26.8% 115% higher national
Median Home Value $99,800 bottom 30%

How Selma town Compares

Economy & Housing

Employment

8.8% Unemployment Rate State: 4.3% | National: 5.2%
65.4% Labor Force Participation

Housing Overview

Owner 72.6%
Renter 27.4%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

8out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Selma town Rankings in Indiana

#401 Population of 967
#393 Median Income of 967
#612 Education of 967
#607 Home Value of 967

Cities Similar to Selma town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Winslow town850$59,545$80,9006.8%10.3%
Mentone town793$63,636$104,30010.2%5.3%
Milltown town811$58,419$125,6008.5%19.7%
Atlanta town789$61,583$134,1009.6%24.6%
Pleasant Lake CDP803$66,563$155,3002.9%9.2%

Population Overview

Selma town is a small community located in Indiana. The total population is 833. It ranks as the 401st most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Selma town is 36.8 years. This is 3% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Selma town is $62,500. This is 11% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 20% lower. The poverty rate stands at 26.8%. This is 119% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 8.8%. This is 104% higher than the state rate of 4.3%. The median home value is $99,800. Housing costs are 50% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.6x, Selma town is one of the most affordable housing markets in the area. 72.6% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 70.3%.

Race & Ethnicity

Selma town has a predominantly White (non-Hispanic) population, comprising 95.6% of all residents.

Education

10.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.9%.

Data Sources & Methodology

All demographic data for Selma town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Selma town, Indiana?

Selma town, Indiana has a population of 833 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Selma town, IN?

The median household income in Selma town is $62,500, which is 20% lower the national median of $78,538.

What is the poverty rate in Selma town, IN?

The poverty rate in Selma town is 26.8%. This means approximately 223 residents live below the federal poverty line.

What is the racial makeup of Selma town, Indiana?

Selma town's population is 95.6% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Selma town, IN?

The median home value in Selma town is $99,800. The home-value-to-income ratio is 1.6x.

How educated is Selma town, Indiana?

10.5% of adults (25+) in Selma town hold a bachelor's degree or higher, and 2.3% hold a graduate or professional degree.