Also See: Spencer, IN ZIP Codes & ZIP Code Maps
The Town of Spencer had a population of 2,185 as of July 1, 2020.
The primary coordinate point for Spencer is located at latitude 39.2867 and longitude -86.7625 in Owen County. The formal boundaries for the Town of Spencer encompass a land area of 1.59 sq. miles and a water area of 0 sq. miles. Owen County is in the Eastern time zone (GMT -5). The elevation is 564 feet.
The Town of Spencer (GNIS ID: 2397671) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
|Total Population||2,185 (100%)|
|Population in Households||2,145 (98.2%)|
|Population in Families||1,632 (74.7%)|
|Population in Group Quarters1||40 ( 1.8%)|
|Median Household Income||$38,203|
|Average Household Income||$48,965|
|% of Income for Mortgage4||12%|
|Per Capita Income||$21,211|
|Total HU (Housing Units)||1,155 (100%)|
|Owner Occupied HU||616 (53.3%)|
|Renter Occupied HU||413 (35.8%)|
|Vacant Housing Units||125 (10.8%)|
|Median Home Value||$112,333|
|Average Home Value||$139,854|
|Housing Affordability Index3||208|
|Average Household Size||2.08|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.82%|
|Per Capita Income||1.66%|
|Owner Occupied HU||-0.07%|
The table below compares Spencer to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 206||70th|
|Population Density||# 315||54th|
|Median Household Income||# 637||6th|
|Housing Affordability Index||# 136||20th|
|Per Capita Income||# 594||13th|
|Diversity Index||# 325||52nd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.