Living in Spencerville, Indiana

Cost of living, income, home prices, rent and demographics of Spencerville · Census data 2020–2024

Spencerville has 244 residents with a median age of 50.2. The median household income is $36,250 (50% lower than the Indiana median).

Spencerville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Spencerville at a glance

Population
244
Median age
50.2State: 38.1
Median household income
$36,250State: $71,957
Homeowners
91.7%
Bachelor's degree or higher
26.7%
Average commute
19 min

Is Spencerville a good place to live?

Pros: An average commute of 19 minutes.

Cons: Median household income 50% lower than the Indiana median; unemployment of 16.1%.

The weather is best in June to September.

Spencerville median household income

The median household income in Spencerville is $36,250 and the income per person is $40,588. 0% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Spencerville$36,250
Indiana$71,957
United States$80,734

Housing in Spencerville: homes for sale and rent

Housing units
116
Owner-occupied
91.7%
Renter-occupied
8.3%
Vacant
27.6%Includes seasonal homes
Median year built
1938
Average household size
2.90

Spencerville demographics

Population
244
Median age
50.2
Under 18
26.2%
65 and older
7.4%
Households
84
Foreign-born
0%
Veterans
16.7%Adults 18+

Race and ethnicity

White76.6%
Hispanic or Latino23.4%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Spencerville ›

Education in Spencerville

26.7% of adults 25 and older in Spencerville have a bachelor's degree or higher (Indiana: 29.5%), and 20% have a graduate or professional degree.

Bachelor's degree or higher

Spencerville26.7%
Indiana29.5%
United States35.7%

Jobs and commute in Spencerville

Unemployment rate
16.1%State: 4.3%
Average commute
19 minState: 24 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
78.6%

Spencerville vs nearby towns

TownPopulationMedian incomeHome valueRent
Spencerville244$36,250——
St. Joe411$55,000$87,100$805
Grabill1,108$66,563$150,200$850
Harlan1,254$75,313$179,200$894
Leo-Cedarville3,695$116,375$370,100—
Hicksville3,174$63,088$157,600$775
Auburn13,565$68,750$190,800$865
Butler2,660$54,688$107,700$785
Woodburn1,263$65,938$137,000$939

More for people moving to Spencerville

Spencerville ZIP code ›Weather and climate ›

Living in Spencerville: FAQ

What is the median household income in Spencerville, IN?

The median household income in Spencerville is $36,250, 50% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

Is Spencerville, IN a good place to live?

Pluses: an average commute of 19 minutes. Minuses: median household income 50% lower than the Indiana median; unemployment of 16.1%.

What is the median age in Spencerville?

The median age in Spencerville is 50.2 years (Indiana: 38.1).

How long is the commute in Spencerville?

The average commute to work in Spencerville is 19 minutes; 0% of workers work from home.

What is the unemployment rate in Spencerville?

The unemployment rate in Spencerville is 16.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Spencerville?

26.7% of adults in Spencerville have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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