Spencer township is located in Owen County, Indiana. Spencer township has a 2026 population of 2,422. Spencer township is currently growing at a rate of 0.08% annually and its population has increased by 0.12% since the most recent census, which recorded a population of 2,419 in 2020.
The median household income in Spencer township is $77,566 with a poverty rate of 1.58%. The median age in Spencer township is 32.9 years: 31.3 years for males, and 40.6 years for females. For every 100 females there are 112.0 males.
Data after 2023 is projected based on recent change
Overall: 32.9 years
Female: 40.6 years
Male: 31.3 years
There are 2,009 adults, (561 of whom are seniors) in Spencer township.
Female: 1,312 (47.2%)
Male: 1,470 (52.8%)
The racial composition of Spencer township includes 99.25% White, and smaller percentages for Two or more races and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 2,761 | 99.25% |
| Two or more races | 21 | 0.75% |
Spencer township 's average per capita income is $39,388. Household income levels show a median of $77,566. The poverty rate stands at 1.58%.
| Name | Median ↓ | Mean |
|---|---|---|
| Families | $95,000 | $118,133 |
| Married Families | $79,737 | - |
| Households | $77,566 | $105,638 |
| Non Families | - | $59,624 |
Average Income
Median Household Income
Poverty Rate