ZIP Code 47383

standard

Source:

Selma · Delaware County · Indiana

Population
2,960

35/sq mi

Median income
$61,250

▼ 20% vs US

higher than 31% of US ZIPs

Median home value
$135,400

▼ 51% vs US

higher than 21% of US ZIPs

Bachelor's or higher
20.1%

Median age 41.6

Land area
84.8 sq mi

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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 47383?

41.6

Median Age

51.6%

Male

48.4%

Female

0.4%

Foreign-Born

White 96.5%
African American 0.2%
Asian 0.0%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.2%
Hispanic or Latino 1.5%

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?

High School Graduate or Higher 57.7%
Bachelor's Degree or Higher 20.1%

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

Owner 87.4%
Renter 12.6%

$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)

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

Frequently Asked Questions

What county is ZIP code 47383 in?
ZIP code 47383 (Selma) is located in Delaware County, Indiana. Delaware County contains multiple ZIP codes, see the full list at /counties/delaware-in.
What is the population of ZIP code 47383?
ZIP code 47383 in Selma, IN has a population of 2,960 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47383?
The median household income in ZIP 47383 is $61,250, which is 20% below the national average of $76,288.
What is the average home value in ZIP 47383?
The median home value in ZIP 47383 is $135,400, which is 51% below the national average of $278,155.
What is the demographic makeup of ZIP 47383?
The largest racial group in ZIP 47383 is White at 96.5%. Hispanic or Latino residents make up 1.5% of the population.
How many businesses are in ZIP code 47383?
ZIP code 47383 has 28 business establishments employing approximately 159 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47383?
The top industries by establishment count in ZIP 47383 are: Other services (except public administration) (8), Construction (4), Retail trade (3). There are 3 industry sectors represented in total.
How have home values changed in ZIP code 47383?
According to the FHFA House Price Index, home values in ZIP 47383 increased by 9.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 85%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 47383?
In ZIP code 47383, 57.7% of residents aged 25+ have a high school diploma or higher, and 20.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 47383?
The mean commute time for workers in ZIP code 47383 is 24.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47383?
In ZIP code 47383, approximately 87.4% of occupied housing units are owner-occupied and 12.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47383?
The poverty rate in ZIP code 47383 is 10.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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.