PlainZIP

Selma, IN · standard

ZIP Code 47383

Delaware County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

2,960
35/sq mi
$61,250
Median income
$135,400
Median home value
20.1%
Bachelor's or higher

The verdict

Selma pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

31th pct
household income, US ZIPs
21th pct
home value, US ZIPs
35
people per sq mi
87%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47383 against every reporting US ZIP.

ZIP code 47383 covers 84.8 square miles in Selma, Delaware County, Indiana (a standard USPS delivery area), with a modest 2,960 residents on file, a density of 35 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 47383 reports a modest median household income of $61,250 (17% below the Indiana average), while per-capita income is $35,926. Poverty here runs at 10.5%, with unemployment measured at 4.2%. The typical home here is valued at $135,400 (30% below the state average); renters pay a median of $824 monthly, and 87.4% of units are owner-occupied.

Educational attainment sits below the national norm: 20.1% of adults hold a bachelor's degree or higher, the median age is 41.6, and the average commute is 24 minutes. To put 47383 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Delaware County, for a geography-aware comparison.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 47383

Top 5 sectors by establishment count in Selma, IN

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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

How ZIP 47383 ranks nationally

Selma, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$61,250 31st percentile higher than 31% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

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)

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 47383 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 47383 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 47383 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 47383 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

47304 standard
Muncie, IN
Pop: 30,516
47302 standard
Muncie, IN
Pop: 27,592
47303 standard
Muncie, IN
Pop: 25,365
47396 standard
Yorktown, IN
Pop: 7,030
47306 standard
Muncie, IN
Pop: 6,189
47320 standard
Albany, IN
Pop: 4,134

Related Areas

Delaware County Selma, IN Indiana

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.

Read our methodology to see how this data is sourced, computed, and verified.