Spencer, IN
Full City Profile · Indiana · Owen County County
3.7
/5.0
B+
Good
2,308
Population
1,350/sq mi density
$47,994
Median Income
$31,716 per capita
$146,300
Home Value
$252,223 Zillow
$860
Median Rent
24.1% income on rent
53°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$47,994 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$146,300 home value, $860/mo rent
C
Education
2.5 / 5.0
18.3% bachelor's degree or higher
Population Overview
Total Population
2,308
Census 2023
Population Density
1,350
per square mile
Land Area
1.3
square miles (3.3 km²)
Median Age
49.4 yrs
27% above US avg (38.9 yrs)
Gender Distribution
50.4%
Male
49.6%
Female
Race & Ethnicity
| White | 94.6% US: 61.6% |
| Black | 1.2% US: 12.4% |
| Hispanic | 0.7% US: 18.7% |
| Asian | 1.3% US: 5.9% |
| Other | 2.2% |
City vs. U.S. Average
White
94.6%
Black
1.2%
Hispanic
0.7%
Asian
1.3%
Thin line = U.S. average
Language Spoken at Home
| English Only | 98.9% US: 78.5% |
| Spanish | 1.3% US: 13.4% |
City vs. U.S. Average
English Only
98.9%
Spanish
1.3%
Thin line = U.S. average
Social Characteristics
Foreign Born
0.4%
Veterans
6.7%
12% above US avg (6%)
Disability
19.7%
52% above US avg (13%)
Health Insurance Coverage
95.4%
4% above US avg (91.4%)
Uninsured
4.6%
47% below US avg (8.6%)
Income Inequality (Gini)
0.439
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 2,308 |
| Population Year | 2023 |
| Population Density | 1,350 / sq mi |
| Land Area | 1.3 sq mi |
| Median Age | 49.4 years |
Gender
| Male | 50.4% |
| Female | 49.6% |
Race & Ethnicity
| White | 94.6% |
| Black or African American | 1.2% |
| Hispanic or Latino | 0.7% |
| Asian | 1.3% |
Language
| English Only | 98.9% |
| Spanish | 1.3% |
Social Indicators
| Foreign Born | 0.4% |
| Veterans | 6.7% |
| Disability | 19.7% |
| Health Insurance | 95.4% |
| Uninsured | 4.6% |
| Broadband Access | 73.2% |
| Gini Coefficient | 0.439 |
Classification
| USDA Rural-Urban Code | 3, Metro / under 250K |