Also See Spencer, IN: ZIP Codes & Maps
The Town of Spencer had a population of 2,570 as of July 1, 2025.
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 Town of Spencer 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.
The Town of Spencer is located within Township of Washington, a minor civil division (MCD) of Owen County.
POPULATION | |
---|---|
Total Population | 2,570 (100%) |
Population in Households | 2,416 (94.0%) |
Population in Families | 1,751 (68.1%) |
Population in Group Quarters1 | 154 ( 6.0%) |
Population Density | 1,505 |
Diversity Index2 | 21 |
INCOME | |
Median Household Income | $49,759 |
Average Household Income | $66,398 |
% of Income for Mortgage4 | 20% |
Per Capita Income | $29,468 |
Wealth Index5 | 47 |
Socioeconomic Status Index6 | Moderate (49.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,225 (100%) |
Owner Occupied HU | 753 (61.5%) |
Renter Occupied HU | 382 (31.2%) |
Vacant Housing Units | 90 ( 7.3%) |
Median Home Value | $155,873 |
Average Home Value | $160,847 |
Housing Affordability Index3 | 117 |
HOUSEHOLDS | |
Total Households | 1,135 |
Average Household Size | 2.13 |
Family Households | 563 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2025 | 2025-2030 |
---|---|---|
Population | 0.88% | 0.29% |
Households | 0.39% | 0.23% |
Families | 2.34% | |
Median Household Income | 2.32% | |
Per Capita Income | 2.13% | |
Owner Occupied HU | 0.00% |
The table below compares Spencer to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2025 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.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 192 | 80th |
Population Density | # 262 | 73rd |
Median Household Income | # 901 | 8th |
Housing Affordability Index | # 505 | 52nd |
Per Capita Income | # 775 | 21st |
Diversity Index | # 394 | 59th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.
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