Median Income
$54,167
household / year
Median Home Value
$97,400
owner-occupied
Median Rent
$739
gross / month
Cost of Living
90
national avg = 100

Is Selma, IN a Good Place to Live?

Selma is a small town of 859 in Indiana, with a median household income of $54,167 and a 9.2% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Selma stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Selma is right for you depends on your priorities — the full breakdown is below.

All Selma city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.3

Selma's overall cost of living index is 90.3, where 100 represents the US national average. Living in Selma costs roughly 10% less than the average American city.

Metric Selma, IN National Avg
Median Home Value $97,400 $244,900
Median Monthly Rent $739 $1,163
Homeownership Rate 71.1% 65.9%
Median Household Income $54,167 $74,755

Crime & Safety

Safer than Average

Selma's violent crime rate is 396.9 per 100,000 residents — 4% higher than the national average of ~380 per 100,000.

Violent Crime
396.9 /100k
Property Crime
1542.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Selma is served primarily by Liberty-Perry Community Sch Corp. The student-to-teacher ratio is 16.8:1 (slightly above the national average of ~16:1).

Metric Selma, IN National Avg
School District Liberty-Perry Community Sch Corp
Elementary Schools 1
Middle Schools 1
High Schools 1
Student/Teacher Ratio 16.8:1 16:1
Bachelor's Degree or Higher 7.8% 35.4%
High School Diploma or Higher 88.1% 91.1%

Weather & Climate

Selma sees average highs of 36.0°F in January and 85.8°F in July, with 41.7 inches of annual precipitation and 19.4 inches of snow per year.

MetricSelma, IN
Average High — January36.0°F
Average High — July85.8°F
Annual Precipitation41.7"
Annual Snowfall19.4"

Demographics

MetricSelma, INNational Avg
Population859
Median Age34.138.9
Unemployment Rate9.2%3.7%
Avg Commute Time29.4 min26 min
White (non-Hispanic)94.2%59.3%
Black or African American0.1%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1825.4%22.2%
65 and over13.5%16.8%

Nearby Cities

ZIP Codes in Selma

Selma, IN is covered by 1 ZIP code:

Selma vs Other Cities

Frequently Asked Questions

Selma's cost of living index is 90, where 100 is the national average. That makes Selma roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $97,400 and median rent is $739/month.
Selma's violent crime rate is 396.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1542.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Selma are operated by Liberty-Perry Community Sch Corp. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 16.8:1. 7.8% of adults 25+ hold a bachelor's degree or higher.
Selma, IN has a population of 859, a median household income of $54,167, and an unemployment rate of 9.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Selma averages 36.0°F in January and 85.8°F in July. Annual rainfall is 41.7 inches with about 19.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Selma, IN is covered by 1 ZIP code: 47383.
The population of Selma, Indiana is 859 with a median age of 34.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Selma: cost of living index 90 (100 = US average), median home $97,400, median household income $54,167, crime index 92 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Selma side by side with your current city to see the trade-offs.