Spencer is located in Owen County, Indiana. Spencer has a 2025 population of 2,420 . It is also the county seat of Owen County . Spencer is currently growing at a rate of 0.08% annually and its population has increased by 0.04% since the most recent census, which recorded a population of 2,419 in 2020.
The average household income in Spencer is $111,749 with a poverty rate of 0%. The median age in Spencer is 41.4 years: 35.4 years for males, and 45.2 years for females. For every 100 females there are 110.9 males.
Data after 2023 is projected based on recent change
The racial composition of Spencer includes 99.2% White, and smaller percentages for Two or more races and multiracial populations.
White (99.2%)
Two or more races (0.8%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 2,960 | 99.2% |
| Two or more races | 24 | 0.8% |
Married
Widowed
Divorced
Separated
Never Married
Spencer's average per capita income is $47,666. Household income levels show a median of $80,147. The poverty rate stands at 0%.
Name | Median | Mean |
|---|---|---|
| Families | $110,398 | $124,759 |
| Married Families | $110,142 | - |
| Households | $80,147 | $111,749 |
| Non Families | $41,818 | $42,744 |
Average Income
Median Household Income
Poverty Rate