Selma, IN
837Residents
$58,214Median household income
$910/moMedian gross rent
$106,400Median home value
36.4Median age
10%Adults with a bachelor’s degree or higher
74%Homes lived in by their owners
1.8×Home value to household income
Median rent takes about 19% of the median household income in Selma.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $36,000 a year. In Indiana that leaves roughly $2,502 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.