Spencer township is located in Owen County, Indiana. Spencer township has a 2026 population of 1,810. Spencer township is currently declining at a rate of 0% annually and its population has increased by 1.46% since the most recent census, which recorded a population of 1,784 in 2020.
The median household income in Spencer township is $95,793 with a poverty rate of 4.45%. The median age in Spencer township is 44.1 years: 51.1 years for males, and 41.7 years for females. For every 100 females there are 101.3 males.
Data after 2023 is projected based on recent change
Overall: 44.1 years
Female: 41.7 years
Male: 51.1 years
There are 1,736 adults, (397 of whom are seniors) in Spencer township.
Female: 1,039 (49.7%)
Male: 1,052 (50.3%)
The racial composition of Spencer township includes 96.27% White, and smaller percentages for Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 2,013 | 96.27% |
| Two or more races | 75 | 3.59% |
| Native American | 3 | 0.14% |
Spencer township 's average per capita income is $46,026. Household income levels show a median of $95,793. The poverty rate stands at 4.45%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $137,857 | - |
| Families | $116,544 | $125,912 |
| Households | $95,793 | $99,915 |
| Non Families | $24,092 | $26,374 |
Average Income
Median Household Income
Poverty Rate