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Spencer town, Indiana

City

Population: 2,308 (2023 estimate)

Located in Indiana , Indiana

Census Bureau data for Spencer town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Spencer town

What is the median household income in Spencer town?
The median household income in Spencer town is $47,994 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Spencer town?
The poverty rate in Spencer town is 9.3% (U.S. Census Bureau ACS 2023).
What is the median home value in Spencer town?
$146,300 (U.S. Census Bureau ACS 2023).
What is the average rent in Spencer town?
The median gross rent in Spencer town is $860 per month (U.S. Census Bureau ACS 2023).
What percentage of Spencer town residents have a college degree?
18.3% of adults in Spencer town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,308
Median Income
$47,994
Median Home Value
$146,300
Poverty Rate
9.3%
Unemployment (ACS 2023)
3.1%
Median Age
49.0 yrs
Since 2019 Median Income: +$9,013 (+23.1%) Home Value: +$50,800 (+53.2%) Poverty Rate: -2.2 pp (-19.1%) Bachelor's+: +6.4 pp (+53.8%) Unemployment: -0.8 pp (-20.5%)

Demographics

Total Population 2,308
Median Age 49.0
Female 49.6%
Race & Ethnicity
Hispanic or Latino 0.7% White (non-Hisp.) 94.6% Black 1.2% Asian 1.3% Two or More 0.9% Other 1.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $47,994 ±$9,326
-$22,057 vs. state
Per Capita Income $65,547
Median Family Income $69,375
Poverty Rate 9.3%
+0.9 pp vs. state
Child Poverty Rate 24.8%
Working-Age Poverty Rate
SNAP Recipients 7.5%
Social Security Income
Retirement Income 39.7%
Household Income Distribution
< $10k
5.5%
$10–15k
2.7%
$15–25k
15.5%
$25–35k
15.3%
$35–50k
14.3%
$50–75k
14.3%
$75–100k
16.2%
$100–150k
11.7%
$150–200k
1.9%
$200k+
2.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,240
Owner-Occupied 65.6%
Renter-Occupied 34.4%
Vacancy Rate 13.0%
Median Home Value $146,300
-$55,300 vs. state
Median Gross Rent $860
Owner Cost Burden (30%+) 13.9%
Renter Cost Burden (30%+) 31.4%
Home Value Distribution
< $50k
14.0%
$50–100k
19.4%
$100–200k
18.5%
$200–300k
16.0%
$300–500k
4.4%
Gross Rent Distribution
< $500
30.0%
$500–1k
43.4%
$1–1.5k
19.1%
$1.5–2k
7.4%
Vehicle Availability
No vehicle
7.2%
1 vehicle
43.1%
2 vehicles
33.8%
3+
15.8%
Housing Type
Single-fam. det.
63.0%
Single-fam. att.
3.8%
2–4 units
5.0%
5–19 units
4.8%
20+ units
4.4%
Mobile home
10.9%
Housing Age
Pre-1940
42.5%
1940–1969
8.1%
1970–1999
12.0%
2000–2009
2.4%
2010+
1.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 84.7%
Bachelor's or Higher 18.3%
-10.5 pp vs. state
Graduate Degree 7.8%
Some College / Associate 19.2%
Less Than High School 2.7%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 54.9%
Unemployment Rate 3.1%
-1.2 pp vs. state
Work from Home 4.9%
Self-Employed 5.2%
Government Workers 13.7%
Private For-Profit 81.1%
Industry
Manufacturing
29.7%
Edu/Health
14.9%
Arts/Entmt.
9.5%
Retail
8.9%
Public Admin
6.1%
Information
6.1%
Agriculture
5.4%
Construction
4.6%
Prof. Services
4.1%
Finance
2.9%
Occupation
Production
30.4%
Management
24.9%
Food Prep
23.0%
Construction
11.7%
Sales
10.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 18.9 min
Drove Alone 81.4%
Carpool 5.5%
Public Transit 0.0%
Work from Home 4.9%
Walked 6.2%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,079
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 37.1%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 9.9%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
4.5%
5–9
2.8%
10–14
4.5%
15–19
5.5%
20–24
5.1%
25–34
14.0%
35–44
7.6%
45–54
11.6%
55–64
7.0%
65–74
10.4%
75–84
13.9%
85+
7.8%
Under 18: 13.9% Working age (18–64): 86.1% 65 and over: 27.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 0.4%
Naturalized Citizen 100.0%
Speaks English Less Than Very Well 0.2%

Veterans & Disability

Veteran 6.7%
With a Disability 19.7%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 95.4%
Uninsured 4.6%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 73.2%
Has a Computer 84.0%
Same House 1 Year Ago 88.3%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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