Spencer is a city located in Greene County, Monroe County, and Owen County Indiana. Spencer has a 2024 population of 2,485. It is also the county seat of Owen County. Spencer is currently growing at a rate of 0.4% annually and its population has increased by 1.55% since the most recent census, which recorded a population of 2,447 in 2020.
The average household income in Spencer is $61,088 with a poverty rate of 12.69%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Spencer is 46.8 years, 46.7 years for males, and 49.1 years for females.
According to the most recent ACS, the racial composition of Spencer was:
White
Two or more races
Asian
Other race
Black or African American
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 1,079 | 2.01 | 64.9 | 35.1 |
| Non Family | 586 | 1.09 | 55.3 | 44.7 |
| Married | 381 | 3.04 | 76.4 | 23.6 |
| Male | 73 | 3.03 | 80.8 | 19.2 |
| Female | 39 | 3.92 | 66.7 | 33.3 |
3.02
Average Family Size
2.01
Average Household Size
64.9%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among asian people with a rate of 100%.
All
Male
Female
$35,625
Average Earnings
$37,955
Average Male
$30,750
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
98.71% of Spencer residents speak only English, while 1.29% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 1.29% of the population.
rate
12.69%
Overall Poverty Rate
10.48%
Male Poverty Rate
14.77%
Female Poverty Rate
The race most likely to be in poverty in Spencer is White, with 13.27% below the poverty level.
The race least likely to be in poverty in Spencer is White, with 13.27% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 4.15%. Among those working part-time, it was 12.71%, and for those that did not work, the poverty rate was 18.71%.
Married
Widowed
Divorced
Separated
NeverMarried
42.5%
Overall Marriage Rate
45.4%
Male Marriage Rate
39.6%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 55-64.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
14.74%
Veteran Poverty Rate
41.67%
Veteran Disability Rate
LaborForceParticipation
55.2%
Labor Force Participation
51.9%
Employment Rate
6%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
83.04%
Born in Spencer
99.55%
Native Born
0.45%
Foreign Born
0%
Non Citizen
0.45%
Naturalized
99.55% of Spencer residents were born in the United States, with 83.04% having been born in Indiana. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 2,532 | 9 | 0.36% |
| 2028 | 2,523 | 10 | 0.4% |
| 2027 | 2,513 | 9 | 0.36% |
| 2026 | 2,504 | 10 | 0.4% |
| 2025 | 2,494 | 9 | 0.36% |
| 2024 | 2,485 | 10 | 0.4% |
| 2023 | 2,475 | 9 | 0.36% |
| 2022 | 2,466 | 13 | 0.53% |
| 2021 | 2,453 | 6 | 0.25% |
| 2020 | 2,447 | 176 | 7.75% |
| 2019 | 2,271 | -1 | -0.04% |
| 2018 | 2,272 | 5 | 0.22% |
| 2017 | 2,267 | -14 | -0.61% |
| 2016 | 2,281 | 4 | 0.18% |
| 2015 | 2,277 | -21 | -0.91% |
| 2014 | 2,298 | -18 | -0.78% |
| 2013 | 2,316 | -25 | -1.07% |
| 2012 | 2,341 | -15 | -0.64% |
| 2011 | 2,356 | -7 | -0.3% |
| 2010 | 2,363 | 0 | 0% |