Spencer, MA
Full City Profile · Massachusetts · Worcester County County
2.8
/5.0
C+
Fair
5,520
Population
2,616/sq mi density
$59,618
Median Income
$35,488 per capita
$297,700
Home Value
$425,177 Zillow
$1,052
Median Rent
30.1% income on rent
48°F
Avg Temperature
246 sunny days/yr
92
Violent Crime/100K
546 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$59,618 median income, 3.7% unemployment
B+
Affordability
3.9 / 5.0
$297,700 home value, $1,052/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher
Income Overview
Median Household Income
$59,618
21% below
US avg: $75,149
Per Capita Income
$35,488
9% below
US avg: $39,052
Unemployment Rate
3.7%
3% above
US avg: 3.6%
Poverty Rate
1.6%
87% below
US avg: 12.4%
Income Comparison: Spencer vs. U.S. Average
Each bar shows Spencer’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$59,618
79%
Per Capita
US: $39,052
$35,488
91%
IRS Avg AGI
US: $72,000
$91,314
127%
Avg Weekly Wage
US: $1,432
$1,378
96%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,378
4% below US avg ($1,432)
Mean Commute Time
35 min
28% above US avg (28 min)
Work From Home
9.7%
36% below US avg (15.2%)
Drive Alone
76.6%
5% above US avg (73.2%)
Public Transit
4.3%
13% below US avg (5.0%)
County GDP
$60,947M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
76.6%
Public Transit
4.3%
Work From Home
9.7%
Other
9.4%
Average commute time
35 minutes
US avg: 28 min
Business Landscape
Total Establishments
27,743
Restaurants
1,794
Healthcare
2,309
Retail
2,429
Manufacturing
818
Tax & Financial
IRS Avg Adjusted Gross Income
$91,314
27% above US avg ($72,000)
Avg Property Tax
$7,321
109% above US avg ($3,500)
Cost of Living Index
105.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $59,618 |
| Per Capita Income | $35,488 |
| IRS Avg Adjusted Gross Income | $91,314 |
| Avg Weekly Wage | $1,378 |
| County GDP | $60,947M |
Hardship Indicators
| Unemployment Rate | 3.7% |
| Poverty Rate | 1.6% |
| Gini Coefficient | 0.456 |
| Cost of Living Index | 105.8 |
Commute
| Mean Commute | 35 minutes |
| Drive Alone | 76.6% |
| Public Transit | 4.3% |
| Work From Home | 9.7% |
Businesses
| Total Establishments | 27,743 |
| Restaurants | 1,794 |
| Healthcare | 2,309 |
| Retail | 2,429 |
| Manufacturing | 818 |
Tax
| IRS Avg AGI | $91,314 |
| Avg Property Tax | $7,321 |
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