Spencer is a town located in Owen County Indiana. Spencer has a 2024 population of 2,469. 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 0.86% 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.
According to the most recent ACS, the racial composition of Spencer was:
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% |
| Native Hawaiian or Pacific Islander | 0 | 0% |
White
Other race
Asian
Black or African American
Two or more races
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 1,079 | 2.05 | 65.6 | 34.4 |
| Non Family | 544 | 1.15 | 59 | 41 |
| Married | 400 | 2.77 | 81.8 | 18.3 |
| Male | 75 | 2.57 | 50.7 | 49.3 |
| Female | 60 | 4.82 | 36.7 | 63.3 |
2.81
Average Family Size
2.05
Average Household Size
65.6%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 226 | 12.6% |
| Associates Degree | 117 | 6.53% |
| Bachelors Degree | 189 | 10.54% |
| Graduate Degree | 139 | 7.75% |
| High School Graduate | 730 | 40.71% |
| Less Than 9th Grade | 48 | 2.68% |
| Some College | 344 | 19.19% |
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
Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 1,732 | 1,459 | 309 |
| Black | 15 | 15 | 0 |
| 2+ Races | 14 | 14 | 9 |
| Other Race | 14 | 13 | 0 |
| Asian | 10 | 10 | 10 |
| Hispanic | 9 | 8 | 0 |
| Native American | 8 | 8 | 0 |
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
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $48,036 | $0 | $48,839 |
| Graduate Degree | $61,250 | $87,344 | $58,750 |
| High School Graduate | $30,865 | $27,583 | $43,889 |
| Less Than 9th Grade | $0 | $86,250 | $0 |
| Overall | $37,083 | $39,688 | $32,450 |
| Some College | $30,231 | $40,192 | $20,208 |
$37,083
Average Earnings
$39,688
Average Male
$32,450
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
98.91% of Spencer residents speak only English, while 1.09% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 1.09% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 2,124 | 304 | 14.31% |
| Multiple | 20 | 4 | 20% |
13.88%
Overall Poverty Rate
13.39%
Male Poverty Rate
14.36%
Female Poverty Rate
The race most likely to be in poverty in Spencer is Multiple, with 20% below the poverty level.
The race least likely to be in poverty in Spencer is White, with 14.31% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 6.38%. Among those working part-time, it was 20%, and for those that did not work, the poverty rate was 13.37%.
rate
Rate | Poverty |
|---|---|
| Less Than 9th Grade | 15.93% |
| Some College | 14.98% |
| High School | 9.81% |
| Bachelors or Greater | 1.57% |
rate
Rate | Poverty |
|---|---|
| Female Unemployed | 100% |
| Male Unemployed | 25% |
| Male Employed | 13.36% |
| Female Employed | 9.54% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $69,375 | $81,635 |
| Households | $47,994 | $63,905 |
| Married Families | $76,458 | $-999,999,999 |
| Non Families | $32,396 | $44,527 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
42.0%
Overall Marriage Rate
44.5%
Male Marriage Rate
39.4%
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
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
134
Number of Veterans
129
Male Veterans
5
Female Veterans
War | Veterans |
|---|---|
| Vietnam | 55 |
| Second Gulf War | 33 |
| First Gulf War | 20 |
| Korea | 7 |
| World War II | 5 |
count
Age Group | Veterans |
|---|---|
| 65 to 74 | 49 |
| 55 to 64 | 37 |
| 75+ | 23 |
| 18 to 34 | 13 |
| 35 to 54 | 12 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 113 | 5.86% |
| Other Race | 13 | 92.86% |
| Native American | 8 | 100% |
| Hispanic | 8 | 88.89% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
7.46%
Veteran Poverty Rate
33.58%
Veteran Disability Rate
LaborForceParticipation
54.9%
Labor Force Participation
53.2%
Employment Rate
3.1%
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
84.53%
Born in Spencer
99.57%
Native Born
0.43%
Foreign Born
0%
Non Citizen
0.43%
Naturalized
99.57% of Spencer residents were born in the United States, with 84.53% 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 | Change |
|---|---|---|---|
| 2029 | 2,496 | 6 | 0.24% |
| 2028 | 2,490 | 5 | 0.2% |
| 2027 | 2,485 | 5 | 0.2% |
| 2026 | 2,480 | 6 | 0.24% |
| 2025 | 2,474 | 5 | 0.2% |
| 2024 | 2,469 | 5 | 0.2% |
| 2023 | 2,464 | -4 | -0.16% |
| 2022 | 2,468 | 5 | 0.2% |
| 2021 | 2,463 | 15 | 0.61% |
| 2020 | 2,448 | 177 | 7.79% |
| 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% |