ZIP Code 47383
standardSource:
Selma · Delaware County · Indiana
- Population
- 2,960
- Median income
- $61,250
- Median home value
- $135,400
- Bachelor's or higher
- 20.1%
- Land area
- 84.8 sq mi
35/sq mi
▼ 20% vs US
higher than 31% of US ZIPs
▼ 51% vs US
higher than 21% of US ZIPs
Median age 41.6
Indiana/Indianapolis
ZIP code 47383 in Selma, Indiana has a population of 2,960. The median household income is $61,250, which is 20% below the national average. Median home value is $135,400, 51% below the US average. 20.1% of residents hold a bachelor's degree or higher.
ZIP code 47383 is classified by USPS as a standard delivery area and covers roughly 84.8 square miles in Selma, Delaware County, Indiana. The area is home to 2,960 residents, producing a population density of 35 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 47383 against Indiana and the nation.
On the economic side, the median household income for ZIP 47383 sits at $61,250 (17% below the Indiana average), while per-capita income is $35,926. The poverty rate stands at 10.5% and the unemployment rate at 4.2%. On housing, the median home value is $135,400 (30% below the state average) with median rent at $824 per month, and 87.4% of occupied units are owner-occupied, a direct signal of whether 47383 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 20.1% of adults hold a bachelor's degree or higher, the median age is 41.6, and the average commute is 24 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Delaware County, so you can benchmark 47383 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 47383
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 47383.
- Other services (except public administration)
Other services (except public administration)
8 establishments
- Construction
Construction
4 establishments
- Retail trade 3
Retail trade
3 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 47383, Selma, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
2,960
Population
84.8
Area (sq mi)
35
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47383?
41.6
Median Age
51.6%
Male
48.4%
Female
0.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$61,250
Median Household Income
-17% vs state
$35,926
Per Capita Income
10.5%
Poverty Rate
4.2%
Unemployment Rate
24.0 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
1,081
Total Housing Units
1,064
Occupied Units
17
Vacant Units
2.44
Avg Household Size
Occupancy Type
$135,400
Median Home Value
-30% vs state
$824
Median Rent
1965
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+9.5%
YoY Change (2024)
185
HPI Index (2000 = 100)
+85%
Total Change Since 2000
Home values in ZIP 47383 have increased 9.5% over the past year (2024). Since 2000, this ZIP has seen +85% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.8% | 138 |
| 2021 | +10.2% | 153 |
| 2022 | +11.2% | 170 |
| 2023 | -0.6% | 169 |
| 2024 | +9.5% | 185 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 28 business establishments in ZIP 47383, employing approximately 159 people with a combined annual payroll of $4,309,000.
28
Businesses
159
Employees
$4.3M
Annual Payroll
3
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Other services (except public administration) | 8 | 28.6% |
| Construction | 4 | 14.3% |
| Retail trade | 3 | 10.7% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 47383 vs 47368 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 47368 | Parker City, IN | 2,845 | 4.2 mi |
| 47302 | Muncie, IN | 27,592 | 6.2 mi |
| 47360 | Mooreland, IN | 1,546 | 9.2 mi |
| 47320 | Albany, IN | 4,134 | 9.0 mi |
| 47340 | Farmland, IN | 2,914 | 7.2 mi |
| 47354 | Losantville, IN | 1,129 | 7.9 mi |
| 47305 | Muncie, IN | 4,106 | 7.3 mi |
| 47367 | Oakville, IN | 191 | 8.0 mi |
| 47306 | Muncie, IN | 6,189 | 8.6 mi |
| 47386 | Springport, IN | 1,231 | 9.2 mi |
More ZIP Codes in Delaware County
Related Areas
Frequently Asked Questions
What county is ZIP code 47383 in? ▼
What is the population of ZIP code 47383? ▼
What is the median household income in ZIP 47383? ▼
What is the average home value in ZIP 47383? ▼
What is the demographic makeup of ZIP 47383? ▼
How many businesses are in ZIP code 47383? ▼
What are the main industries in ZIP code 47383? ▼
How have home values changed in ZIP code 47383? ▼
What is the education level in ZIP code 47383? ▼
What is the average commute time in ZIP 47383? ▼
What percentage of residents own vs. rent in ZIP 47383? ▼
What is the poverty rate in ZIP code 47383? ▼
ZIP Code Research Guides
Official Data Resources for Selma, IN
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.