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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 Rate3.7%
Poverty Rate1.6%
Gini Coefficient0.456
Cost of Living Index105.8

Commute

Mean Commute35 minutes
Drive Alone76.6%
Public Transit4.3%
Work From Home9.7%

Businesses

Total Establishments27,743
Restaurants1,794
Healthcare2,309
Retail2,429
Manufacturing818

Tax

IRS Avg AGI$91,314
Avg Property Tax$7,321