Spencer is located in Boyd County, Nebraska. Spencer has a 2025 population of 520 . Spencer is currently declining at a rate of -2.26% annually and its population has decreased by -8.13% since the most recent census, which recorded a population of 566 in 2020.
The average household income in Spencer is $74,861 with a poverty rate of 6.68%. The median age in Spencer is 47.1 years: 44.2 years for males, and 51.2 years for females. For every 100 females there are 100.0 males.
Data after 2023 is projected based on recent change
The racial composition of Spencer includes 97.17% White, and smaller percentages for other race, Two or more races, Black or African American, Native American and multiracial populations.
White (97.17%)
Other race (0.81%)
Two or more races (0.81%)
Black or African American (0.61%)
Native American (0.61%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 480 | 97.17% |
| Other race | 4 | 0.81% |
| Two or more races | 4 | 0.81% |
| Black or African American | 3 | 0.61% |
| Native American | 3 | 0.61% |
Married
Widowed
Divorced
Separated
Never Married
Spencer's average per capita income is $36,429. Household income levels show a median of $61,000. The poverty rate stands at 6.68%.
Name | Median | Mean |
|---|---|---|
| Married Families | $93,321 | - |
| Families | $92,821 | $87,504 |
| Households | $61,000 | $74,861 |
| Non Families | - | $56,720 |
Average Income
Median Household Income
Poverty Rate