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The total population of Selma is estimated to be 859 with 432 males (50.29%) and 427 females (49.71%). There are 5 less females than males in Selma.
The median household income in Selma was $56,554 in 2021, which marked an an increase of 2,122(3.90%) from $54,432 in 2020. This income is 75.80% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Selma sees its highest median household income among householders in the age group of 25 to 44 years old, at $69,294. Overall, the median household income for the town of Selma stands at $56,554.
In Selma, the median income for all workers aged 15 years and older, regardless of work hours, was $44,137 for males and $19,881 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,929 for males and $36,268 for females.
In Selma, population is primarily represented by White households, reporting a median income of $60,126.
In 2022, the population of Selma was 743, a 0.40% decrease year-by-year from 2021. Previously, in 2021, Selma's population was 746, a decline of 0.00% compared to a population of 746 in 2020.
The median age in Selma, IN is 33.5, as per 2021 ACS 5-Year Estimates. Of the total population, 18.57% were under the age of 15, 26.65% aged 15 to 29, 41.45% aged 30 to 64, 10.07% aged 65 to 84, and 3.25% were 85 years of age and older.
Racial distribution of Selma population: 96.54% are White, 0.10% are Black or African American, 0.42% are American Indian and Alaska Native and 2.94% are multiracial.