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Spencer County, Indiana Demographics 2026

Spencer County, Indiana has a population of 19,955, the 73rd most populous county in Indiana. The median household income is $74,506 and the median home value is $185,200. The poverty rate is 7.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Spencer County Quick Facts

Population 19,955
Median Household Income $74,506
Median Home Value $185,200
Poverty Rate 7.5%
Unemployment Rate 3.3%
Median Age 44.4 years
Homeownership Rate 81.3%
Affordability Ratio 2.5x
Bachelor's Degree+ 22.0%
High School Graduation 93.2%
Cities/Places 9
Population 19,955 73rd of 92
Median Income $74,506 4% higher than state
Poverty Rate 7.5%
Unemployment 3.3%

How Spencer County Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population19,87119,955+0.4%
Median household income$70,890$74,506+5.1%
Median home value$180,200$185,200+2.8%

Economy & Housing

Household Income Distribution

Under $25K 12.9%
$25K-$50K 20.0%
$50K-$100K 31.2%
$100K+ 35.9%
Detailed income brackets
Under $10K
3.4%
$10K-$15K
2.2%
$15K-$20K
4.1%
$20K-$25K
3.3%
$25K-$30K
3.2%
$30K-$35K
4.5%
$35K-$40K
3.7%
$40K-$45K
3.8%
$45K-$50K
4.8%
$50K-$60K
8.2%
$60K-$75K
9.1%
$75K-$100K
13.9%
$100K-$125K
14.1%
$125K-$150K
9.4%
$150K-$200K
8.2%
$200K+
4.2%

Employment

3.3% Unemployment Rate State: 4.3%|National: 5.2%
62.6% Labor Force Participation

Housing Overview

Owner 81.3%
Renter 18.7%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $751/mo 12.1% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Cities & Places in Spencer County

CityPopulationMedian IncomePovertyHome Value
Santa Claus2,793$89,6593.7%$258,900
Rockport1,958$48,88913.3%$132,700
Dale1,542$61,9537.6%$127,200
Grandview757$50,9878.7%$140,600
St. Meinrad646$52,40215.0%$315,200
Richland588$73,25011.4%$146,400
Hatfield497$71,93221.9%$138,000
Chrisney442$55,62511.1%$102,900
Gentryville303$49,2412.0%$122,200

Population Overview

Spencer County is located in Indiana with a total population of 19,955. It is the 73rd most populous county out of 92 in Indiana. The county encompasses 9 Census-designated places.

Age Demographics

The median age in Spencer County is 44.4 years. This is 17% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Spencer County is $74,506. This is 4% higher than the state median of $71,957. It is also 8% lower than the national median of $80,734. The poverty rate stands at 7.5%. This is 39% lower than the state poverty rate of 12.3%. The unemployment rate is 3.3%. This is 22% lower than the state rate of 4.3%. The median home value is $185,200. Housing costs are 15% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.5x, Spencer County is one of the most affordable housing markets in the area. 81.3% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 70.5%.

Race & Ethnicity

Spencer County has a predominantly White (non-Hispanic) population, comprising 93.2% of all residents. Hispanic or Latino residents account for 3.6%. The Black or African American population (0.6%) is well below the state average of 9.1%. The Hispanic or Latino population (3.6%) is well below the state average of 8.6%. The Asian population (0.3%) is well below the state average of 2.6%.

Education

22.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.2%.

Data Sources & Methodology

All figures for Spencer County come from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates, with comparisons drawn against Indiana and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.

Frequently Asked Questions

What is the population of Spencer County, Indiana?

Spencer County has a population of 19,955, making it the 73rd most populous county in Indiana.

What is the median income in Spencer County?

The median household income in Spencer County is $74,506 with a poverty rate of 7.5%.

How many cities are in Spencer County, Indiana?

Spencer County contains 9 Census-designated places.