Indiana · Metropolitan Area
Spencer is a small town in Indiana with a population of 2,308. Residents earn $47,994 per year, which is 36% below the national average.
Based on current data, Spencer receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing. Areas to be aware of include below-average incomes, high obesity rates. Spencer offers a solid quality of life with a good balance of affordability, safety, and opportunity.
The median household income in Spencer is $47,994, 36% below the national average of $75,149. The job market is very strong with unemployment at just 1.7%. 9.3% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 19 minutes, shorter than most U.S. cities.
The median home value in Spencer is $146,300, 48% below the national median — offering relatively affordable homeownership. Renters pay a median of $860 per month, below the national average — a plus for affordability. At just 3x median income, home prices are very affordable relative to local earnings.
18.3% of residents hold a bachelor's degree, below the national average of 33.7%. 84.7% have completed high school. Local schools score 7/10 in standardized testing, reflecting strong academic performance.
Spencer experiences four distinct seasons with an average temperature of 53°F. Winters average 29°F in January while summers reach 75°F in July. Annual precipitation totals 49.7 inches, including 15.8 inches of snow. Air quality is rated Good with a median AQI of 34.
| English Only | 98.7% |
| 26% above US avg | |
| Spanish | 1.3% |
| 90% below US avg |
| Median HH Income | $47,994 |
| 36% below US avg | |
| Per Capita Income | $31,716 |
| Avg Weekly Wage | $1,108 |
| IRS Avg AGI | $57,706 |
| Unemployment | 1.7% |
| 53% below US avg | |
| Poverty Rate | 9.3% |
| 25% below US avg | |
| Establishments (County) | 330 |
| County GDP | $760M |
| Restaurants | 30 |
| Healthcare | 29 |
| Retail | 52 |
| Manufacturing | 32 |
| Property Tax (IRS) | $2,317 |
| 34% below US avg | |
| Effective Tax Rate | 1.58% |
| Commute Time | 18.9 min |
| Work from Home | 4.9% |
| Census Median | $146,300 |
| 48% below US avg | |
| Zillow ZHVI | $242,220 |
| Census Median Rent | $860 |
| 26% below US avg |
| Studio | $659 |
| 1 Bedroom | $729 |
| 2 Bedrooms | $956 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,382 |
| Owner-Occupied | 65.6% |
| Avg Tax (IRS) | $2,317 |
| 34% below US avg | |
| Effective Rate | 1.58% |
| Obesity | 42.3% |
| 32% above US avg | |
| Diabetes | 11.7% |
| Heart Disease | 6.4% |
| High Blood Pressure | 35.2% |
| Asthma | 12.1% |
| COPD | 9.0% |
| Stroke | 3.4% |
| Binge Drinking | 17.5% |
| Physical Inactivity | 26.3% |
| Depression | 29.3% |
| Mental Distress | 20.4% |
| Physical Distress | 14.9% |
| Insurance Rate | 90.2% |
| Checkup Rate | 77.6% |
| Premature Death | 12,176/100K |
| Food Environment | 8.1/10 |
| Exercise Access | 38.8% |
| Healthcare Facilities | 29 |
| Fatal Crashes (County/yr) | 2 |
| Annual Average | 52.8°F |
| 2% below US avg | |
| January Average | 29°F (-2°C) |
| July Average | 75°F (24°C) |
| Annual Rainfall | 49.7 inches |
| 31% above US avg | |
| Snowfall | 15.8 inches/yr |
| AQI Median | 34.0 |
| Rating | Good |
| Good Days % | 78.1% |
| Unhealthy Days | 0 |
| Elevation | 551 ft (168 m) |
| Area | 1.7 sq mi (4.4 km²) |
| Population Density | 1,350/sq mi |
| Coordinates | 39.2862°N, 86.7725°W |
| County FIPS | 18119 |
Winner: Republican by 50.7 points
| Bachelor's Degree+ | 18.3% |
| 46% below US avg | |
| High School+ | 84.7% |
| School Test Score | 7.03 |
| RUCC Code 3 | Metro — under 250K |
| Population Density | 1,350/sq mi |
| Total Area | 1.7 sq mi |
| EV Charging Stations | 1 |
| Alt Fuel Stations | 1 |
| Public Libraries | 2 |
| Healthcare Facilities | 29 |
| Restaurants | 30 |
| Retail Stores | 52 |
| Fatal Crashes (County/yr) | 2 |
| Avg Commute | 18.9 min |
| Work from Home | 4.9% |