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HomeNorth CarolinaJohnston CountySelma town

Selma town, North Carolina: commercial real estate data.

Selma town is a Census town of 6,817 people across 5.41 square miles of land, in Johnston County. Median household income is $41,368, 43.1 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $14.0 m.

80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency

Selma

What Selma is

  • Census place typetown
  • Land area5.41 sq mi
  • Water area0 sq mi
  • Population per square mile of land1,261
  • County holding the largest share of its areaJohnston County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Selma

How many people live in Selma

  • Population6,817
  • Median age34.1
  • Population under 181,423 plus or minus 365
  • Share under 1820.9 percent plus or minus 5.4
  • Population 65 and over1,072 plus or minus 243
  • Share 65 and over15.7 percent plus or minus 3.6
  • Households3,040
  • Family households1,828
  • Share of households that are families60.1 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Selma

Income and work in Selma

  • Median household income$41,368 plus or minus $20,746
  • Per capita income$24,614
  • Civilian labor force3,310
  • Employed3,149
  • Unemployed161 plus or minus 132
  • Unemployment rate4.9 percent plus or minus 3.9
  • Adults 25 and over4,506
  • Adults 25 and over with a high school diploma or higher84.8 percent
  • Adults 25 and over with a bachelor degree or higher13.8 percent plus or minus 4.7
  • Adults 25 and over with a graduate degree3.6 percent plus or minus 2.2

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Selma

Housing in Selma

  • Housing units3,368
  • Occupied units3,040
  • Vacant units328 plus or minus 157
  • Vacancy rate9.7 percent plus or minus 4.6
  • Owner occupied1,309 plus or minus 286
  • Renter occupied1,731 plus or minus 369
  • Ownership rate43.1 percent
  • Median owner-occupied home value$171,600
  • Median gross rent, monthly$820 plus or minus $168
  • Annual rent as a share of median income23.8 percent plus or minus 12.9
  • Single family units2,301
  • Share single family68.3 percent
  • Units in buildings of two or more822 plus or minus 307
  • Share in buildings of two or more24.4 percent plus or minus 8.8
  • Mobile homes245 plus or minus 140
  • Median year structure built1974

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Selma

How Selma gets to work

  • Workers 16 and over who commute2,887
  • Commuting under 15 minutes715 plus or minus 333
  • Share commuting under 15 minutes24.8 percent plus or minus 10.8
  • Commuting 30 minutes or more1,531 plus or minus 412
  • Share commuting 30 minutes or more53.0 percent plus or minus 11.3
  • Drove alone80.3 percent
  • Carpooled8.0 percent plus or minus 4.1
  • Public transport0.0 percent
  • Walked0.4 percent plus or minus 0.8
  • Worked from home8.4 percent plus or minus 5.6

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Selma

SBA loans in Selma (7(a))

  • Approvals13
  • Gross approval$14,028,100
  • Average approval$1,079,085
  • Median approval$586,700
  • Ninetieth percentile approval$2,880,000
  • Largest approval$4,460,000
  • Jobs supported199
  • Jobs per approval15.3
  • Loans with a final outcome2
  • Paid in full2
  • Charged off0
  • Median term120 months
  • Share on real estate terms of 20 years or more30.8 percent
  • Share to franchises30.8 percent
  • Distinct lenders10
  • Distinct industries by NAICS9

A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Selma

SBA loans in Selma (504)

  • Approvals2
  • Gross approval$2,837,000
  • Average approval$1,418,500
  • Median approval$2,300,000
  • Largest approval$2,300,000
  • Jobs supported29
  • Loans with a final outcome1
  • Charged off0
  • Median term300 months
  • Distinct CDCs1

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Selma

Flood risk in Selma

  • Listed NFIP communities1
  • Of those, participating1
  • NFIP community number370499
  • Currently effective map date06/20/18

This community carries no Community Rating System class, so no CRS premium discount applies to it.

FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.

Johnston County, not Selma

Johnston County context, not Selma figures

These are Johnston County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Selma measurements.

  • Establishments in Johnston County4,151
  • Employment at those establishments, Johnston County49,067
  • Covered employment, Johnston County61,005
  • Average annual pay, Johnston County$55,305
  • Average weekly wage, Johnston County$1,064
  • Housing units permitted, Johnston County2,783
  • Of those, single family, Johnston County2,775
  • County product, 2024, Johnston County$11,573,120,000
  • County product change over the prior year, Johnston County10.2 percent
  • Average income of an arriving household, Johnston County$64,727

Every figure in this section is published for Johnston County as a whole and is not a measurement of Selma. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Selma questions, answered from the record.

How many people live in Selma, North Carolina?

6,817, in 3,040 households. Selma town covers 5.41 square miles of land, which is 1,261 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Selma in?

Johnston County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Selma?

$41,368. The median owner-occupied home is valued at $171,600. Median gross rent is $820 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Selma businesses?

13 7(a) approvals totalling $14.0 m, across 10 lenders, median approval $586,700, plus 2 504 approvals worth $2.8 m. These count approvals to borrowers whose address is in Selma, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Selma borrowers get paid back?

No rate is published for Selma. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.

Is Selma in the National Flood Insurance Program?

Yes. Selma appears in the FEMA Community Status Book as community 370499, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.

Are the county figures on this page Selma figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Johnston County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Selma.

Is zoning published for Selma?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.