Spencer is a town located in Rowan County, North Carolina. Spencer has a 2026 population of 3,455. Spencer is currently growing at a rate of 0.73% annually and its population has increased by 4.48% since the most recent census, which recorded a population of 3,307 in 2020.
The median household income in Spencer is $65,465 with a poverty rate of 11.24%. The median age in Spencer is 44.2 years: 46.4 years for males, and 42 years for females. For every 100 females there are 106.2 males.
Data after 2023 is projected based on recent change
Overall: 44.2 years
Female: 42 years
Male: 46.4 years
There are 2,712 adults, (784 of whom are seniors) in Spencer.
Female: 1,624 (48.5%)
Male: 1,725 (51.5%)
The racial composition of Spencer includes 50.67% White, 40.97% Black or African American, 4.63% other race, and smaller percentages for Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 1,697 | 50.67% |
| Black or African American | 1,372 | 40.97% |
| Other race | 155 | 4.63% |
| Two or more races | 119 | 3.55% |
| Native American | 6 | 0.18% |
Spencer 's average per capita income is $51,506. Household income levels show a median of $65,465. The poverty rate stands at 11.24%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $83,750 | - |
| Families | $72,930 | $101,478 |
| Households | $65,465 | $82,469 |
| Non Families | $36,799 | $50,738 |
Average Income
Median Household Income
Poverty Rate