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
Change Over Time (2013–2023)
Population Change
-3.7%
5,731 → 5,520
over 10 years
Annual Pop. Growth
-0.37%
Compound annual growth rate
Median Income Change
+24.2%
$48,006 → $59,618
nominal, not inflation-adjusted
Annual Income Growth
+2.19%
Compound annual growth rate
Population Over Time
Total population for Spencer across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
5,379
-141 from 2023 (5,520)
Projected Median Income 2030
$69,380
+$9,762 from 2023 ($59,618)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 5,731 | — | $48,006 | — |
| 2015 | 5,578 | -2.7% | $45,750 | -4.7% |
| 2017 | 5,821 | +4.4% | $52,938 | +15.7% |
| 2019 | 5,792 | -0.5% | $59,331 | +12.1% |
| 2021 | 5,743 | -0.8% | $48,646 | -18% |
| 2023 | 5,520 | -3.9% | $59,618 | +22.6% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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