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Spencerville, Maryland

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,028
Population
$189,766
Median Income
$626,900
Home Value
44.7
Median Age

Demographics

Spencerville has a population of 1,028 with a median age of 44.7. Here is the racial and ethnic breakdown of the population:

White
48.8%
Hispanic
32.8%
Asian
11.4%
Other
6.8%
Demographic Value
Total Population1,028
Median Age44.7
White48.8%
Black or African American0.2%
Asian11.4%
Hispanic or Latino32.8%
Other / Two or More Races6.8%
Spencerville, Maryland — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 48.8%Hispanic/Latino: 32.8%Asian: 11.4%Other: 6.8%Other: 0.2%1,028PopulationWhiteWhite48.8%Hispanic/LatinoHispanic/Latino32.8%AsianAsian11.4%OtherOther6.8%OtherOther0.2%

Income & Economy

The median household income in Spencerville is $189,766, which is 135.4% above the national median of $80,610. The per capita income is $66,064. The poverty rate is 8.7%.

$189,766
Median Household Income
$66,064
Per Capita Income
8.7%
Poverty Rate

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Education

In Spencerville, 99.9% of residents age 25+ have a high school diploma or higher, and 47.2% hold a bachelor's degree or higher (12.5% with a graduate or professional degree).

HS Diploma+
99.9%
Bachelor's+
47.2%
Graduate+
12.5%
Education Level % of Adults (25+)
High School Diploma or Higher99.9%
Bachelor's Degree or Higher47.2%
Graduate or Professional Degree12.5%

Housing

The median home value in Spencerville is $626,900, above the national median of $303,400. The homeownership rate is 100.0%.

$626,900
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$626,900
Homeownership Rate100.0%
Vacancy Rate21.3%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Spencerville, Maryland?
The population of Spencerville, Maryland is 1,028 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Spencerville, Maryland?
The median household income in Spencerville, Maryland is $189,766. This is 135.4% above the national median of $80,610.
What is the median home value in Spencerville, Maryland?
The median home value in Spencerville, Maryland is $626,900.
What percentage of people in Spencerville have a college degree?
In Spencerville, Maryland, 47.2% of adults age 25 and older hold a bachelor's degree or higher, and 99.9% have a high school diploma or higher.
Is Spencerville, Maryland an affordable place to live?
The home price-to-income ratio in Spencerville, Maryland is 3.3x (median home value $626,900 vs. median income $189,766), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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