Population 8,392 · Census ACS 2020–24
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Population and households in Spencer
Household size in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.44 | 2.57 | 2.68 |
| 2010–14 | 2.48 | 2.59 | 2.73 |
| 2015–19 | 2.30 | 2.57 | 2.71 |
| 2020–24 | 2.58 | 2.54 | 2.65 |
| Change | +0.14 | −0.03 | −0.03 |
Households in Spencer average 2.58 people, about the same as the country as a whole (2.65). Household size has climbed from 2.44 in 2006–10, even as the national average fell. Households are largest in the north and smallest in the east.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 41.5 | 37.5 | 37.7 |
| 2010–14 | 40.4 | 38.4 | 38.6 |
| 2015–19 | 45.2 | 39.1 | 39.6 |
| 2020–24 | 43.1 | 39.3 | 40.1 |
| Change | +1.6 | +1.7 | +2.3 |
The median resident of Spencer is 43.1 years old, older than the national median of 40.1. The median age has climbed from 41.5 in 2006–10, in line with the national trend.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 12.3% | 11.8% | 12.3% |
| 2010–14 | 12.9% | 12.0% | 12.3% |
| 2015–19 | 8.7% | 11.6% | 11.6% |
| 2020–24 | 10.6% | 11.7% | 11.6% |
| Change | −1.7 pts | −0.1 pts | −0.6 pts |
Single parents head about one in ten households in Spencer (10.6%), a little below the national share of 11.6%. The single-parent share is down 1.7 points from 2006–10, mirroring the country.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Spencer
Renters in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 21.6% | 28.5% | 33.3% |
| 2010–14 | 24.3% | 30.5% | 35.6% |
| 2015–19 | 23.1% | 30.9% | 36.0% |
| 2020–24 | 20.6% | 29.4% | 34.8% |
| Change | −1.0 pts | +1.0 pts | +1.5 pts |
Only 20.6% of households in Spencer rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over four in ten owners (42.7%) have paid off their mortgages, about the same as nationally. Renting is most common in the center and least common in the southeast. The renter share has edged down 1.0 points since 2006–10, even as the national share rose.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.9% | 11.2% | 11.4% |
| 2010–14 | 10.5% | 11.2% | 11.4% |
| 2015–19 | 10.1% | 10.9% | 11.1% |
| 2020–24 | 10.1% | 9.3% | 9.6% |
| Change | −0.7 pts | −2.0 pts | −1.8 pts |
About as many homes sit empty in Spencer as nationally: 10.1%, against 9.6%. Since 2006–10, vacancy has edged down 0.7 points, in line with the national trend.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1974 | 1972 | 1974 |
| 2010–14 | 1976 | 1973 | 1975 |
| 2015–19 | 1976 | 1974 | 1977 |
| 2020–24 | 1975 | 1977 | 1980 |
| Change | +1 | +5 | +6 |
Homes in Spencer run a bit older than the national norm, with a median build year of 1975 against 1980. The picture is much the same across Indiana. Newer construction is concentrated in the northwest, while the center has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $570 | $763 | $965 |
| 2010–14 | $656 | $819 | $1,040 |
| 2015–19 | $732 | $903 | $1,213 |
| 2020–24 | $826 | $1,146 | $1,571 |
| Change | +$256 | +$384 | +$606 |
The median renter in Spencer pays $826 a month for rent and utilities, well below the national median of $1,571. Rents are up $256 a month from 2006–10, a 45% rise, a slower climb than the nation's. Rent takes 25.0% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the east; the highest are in the northwest.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Spencer
Bachelor's degrees in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 11.2% | 23.8% | 28.4% |
| 2010–14 | 13.1% | 24.6% | 29.6% |
| 2015–19 | 14.5% | 27.1% | 32.1% |
| 2020–24 | 21.4% | 30.0% | 35.6% |
| Change | +10.2 pts | +6.2 pts | +7.2 pts |
Fewer adults in Spencer have a four-year degree than in the country as a whole: 21.4%, against 35.6% nationally. The share with a degree has risen 10.2 points since 2006–10, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 83.3% | 86.5% | 84.9% |
| 2010–14 | 85.0% | 87.7% | 86.1% |
| 2015–19 | 87.0% | 88.7% | 87.7% |
| 2020–24 | 90.1% | 89.9% | 89.3% |
| Change | +6.7 pts | +3.4 pts | +4.3 pts |
About as many adults in Spencer have finished high school as nationally: 90.1%, against 89.3%. The share with a diploma has risen 6.7 points since 2006–10, as it has nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Spencer
| Period | Spencer | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 6.8% | 8.4% | 8.1% |
| 2010–14 | 7.9% | 8.9% | 9.4% |
| 2015–19 | 4.1% | 4.9% | 5.6% |
| 2020–24 | 3.2% | 4.3% | 5.4% |
| Change | −3.6 pts | −4.1 pts | −2.7 pts |
Unemployment in Spencer has been low: just 3.2% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment is down 3.6 points from 2006–10, as it has nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Spencer compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Spencer | 2.58 | 43.1 | 10.6% | 20.6% | 10.1% | 1975 | $826 | 21.4% | 90.1% | 3.2% |
| Romona | 2.56 | 40.1 | 11.3% | 22.6% | 7.5% | 1971 | $464 | 19.4% | 90.8% | 3.3% |
| Pottersville | 2.40 | 42.1 | 8.6% | 19.2% | 17.1% | 1988 | $857 | 17.7% | 91.7% | 2.0% |
| Freeman | 2.85 | 41.3 | 7.9% | 8.0% | 10.4% | 1982 | $795 | 30.6% | 91.3% | 4.0% |
| Vandalia | 2.33 | 43.6 | 11.2% | 12.8% | 9.1% | 1984 | $1,116 | 16.1% | 84.3% | 0.8% |
| Stinesville | 2.65 | 39.8 | 10.6% | 10.9% | 7.2% | 1991 | $684 | 36.0% | 94.6% | 2.2% |
| Gosport | 2.66 | 45.7 | 14.3% | 24.1% | 9.5% | 1986 | $926 | 20.4% | 92.9% | 1.7% |
| Cuba | 2.23 | 51.5 | 8.7% | 14.9% | 13.1% | 1994 | $944 | 10.5% | 84.2% | 0.9% |
| Freedom | 2.60 | 46.1 | 8.0% | 18.2% | 18.6% | 1988 | $724 | 17.6% | 89.9% | 1.6% |
| Carp | 2.24 | 54.8 | 7.0% | 16.4% | 9.1% | 1987 | $1,024 | 12.4% | 81.5% | 0.2% |
| New Hope | 2.36 | 45.7 | 5.2% | 25.8% | 26.5% | 1990 | $715 | 16.4% | 93.9% | 1.4% |
All figures 2020–24.
Cities with similar populations: Tipton, IN · Byron, IL · Caddo Mills, TX · Caldwell, OH · Calhoun, LA · Camden, TN · Camilla, GA · Camp Pendleton North, CA · Camp Swift, TX · Campbell, OH
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Spencer. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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