Spencer is a town located in Rowan County, North Carolina. Spencer has a 2025 population of 3,430 . Spencer is currently growing at a rate of 0.7% annually and its population has increased by 3.72% since the most recent census, which recorded a population of 3,307 in 2020.
The average household income in Spencer is $74,194 with a poverty rate of 13.1%. The median age in Spencer is 45.7 years: 42.7 years for males, and 45.8 years for females. For every 100 females there are 120.2 males.
Data after 2023 is projected based on recent change
The racial composition of Spencer includes 61.21% White, 33.49% Black or African American, and smaller percentages for other race, Native American and multiracial populations.
White (61.21%)
Black or African American (33.49%)
Two or more races (4.9%)
Other race (0.27%)
Native American (0.12%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 2,023 | 61.21% |
| Black or African American | 1,107 | 33.49% |
| Two or more races | 162 | 4.9% |
| Other race | 9 | 0.27% |
| Native American | 4 | 0.12% |
Married
Widowed
Divorced
Separated
Never Married
Spencer's average per capita income is $47,591. Household income levels show a median of $64,031. The poverty rate stands at 13.1%.
Name | Median | Mean |
|---|---|---|
| Married Families | $76,049 | - |
| Families | $65,833 | $84,037 |
| Households | $64,031 | $74,194 |
| Non Families | $43,958 | $51,041 |
Average Income
Median Household Income
Poverty Rate