Last updated: 2024 BLS data · Page refreshed:
Spencerville has a population of 1,264 with a median age of 56.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,264 |
| Median Age | 56.8 |
| White | 55.7% |
| Hispanic or Latino | 17.8% |
| Other / Two or More Races | 26.5% |
The median household income in Spencerville is $78,899, which is 2.1% below the national median of $80,610. The per capita income is $30,520. The poverty rate is 11.6%.
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In Spencerville, 97.9% of residents age 25+ have a high school diploma or higher, and 17.9% hold a bachelor's degree or higher (1.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.9% |
| Bachelor's Degree or Higher | 17.9% |
| Graduate or Professional Degree | 1.8% |
The median home value in Spencerville is $255,000, below the national median of $303,400. The median monthly rent is $1,301. The homeownership rate is 86.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $255,000 |
| Median Monthly Rent | $1,301 |
| Homeownership Rate | 86.1% |
| Vacancy Rate | 5.6% |
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