Spencer

County:: Owen County
County Seat:: Yes
Area (mi²):: 1.594
State:: Indiana

Spencer is a town located in Owen County, Indiana. Spencer has a 2025 population of 2,474. It is also the county seat of Owen County. Spencer is currently growing at a rate of 0.2% annually and its population has increased by 1.06% since the most recent census, which recorded a population of 2,448 in 2020.

The average household income in Spencer is $63,905 with a poverty rate of 13.88%.The median age in Spencer is 49.4 years: 46.7 years for males, and 54.6 years for females.

Demographics

The racial composition of Spencer includes 94.63% White, and smaller percentages for other race, Asian, Black or African American, Two or more races, Native American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	2,184	94.63%
Other race	37	1.6%
Asian	31	1.34%
Black or African American	27	1.17%
Two or more races	21	0.91%
Native American	8	0.35%

Spencer Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Spencer's average per capita income is $37,083. Household income levels show a median of $47,994. The poverty rate stands at 13.88%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$76,458	-
Families	$69,375	$81,635
Households	$47,994	$63,905
Non Families	$32,396	$44,527

$37,083

Average Income

$47,994

Median Household Income

13.88%

Poverty Rate