Income & Economy in Selma town, IN (47383)
Median Income
$59,700
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+118
Wealth inflow
Population
2,564
Unemployment
3.8%
0.0pp above US avg
IRS migration statistics show a net inflow of about 118 for ZIP 47383 (Selma town, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 47383 (2020–Present)
Since 2020, population declined 13.2%, median income fell 19.2% (inflation-adjusted), home values decreased 12.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $59,700 |
| Unemployment | 3.8% |
| Establishments | 28 |
| Employees | 159 |