Spencerville, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Spencerville, Indiana had a total population of 244, the 662nd largest community in Indiana, with a median household income of $36,250, which is 50% lower than the state average. The poverty rate is 0.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 50% below the state average, indicating significant economic challenges.
- Unemployment rate of 16.1% is notably above the national average.
Spencerville Quick Facts
How Spencerville Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 322 | 244 | -24.2% |
| Median household income | $43,542 | $36,250 | -16.7% |
How Spencerville Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Spencerville Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Spencerville
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mongo | 246 | N/A | $97,600 | 0.0% | 0.0% |
| Scipio | 246 | N/A | $223,400 | 24.7% | 0.0% |
| Rolling Prairie | 238 | N/A | $251,800 | 60.1% | 0.0% |
| Martinsburg | 233 | N/A | $101,400 | 10.4% | 0.0% |
| Butlerville | 231 | N/A | N/A | 0.0% | 71.0% |
A note before these figures: with a population of 244, Spencerville's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Spencerville is a small community located in Indiana. The total population is 244. It ranks as the 662nd most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Spencerville is 50.2 years. This is 32% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Spencerville is $36,250. This is 50% lower than the state median of $71,957. It is also 55% lower than the national median of $80,734. The ACS records no residents below the poverty line in Spencerville. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The unemployment rate is 16.1%. This is 276% higher than the state rate of 4.3%. 91.7% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 70.5%.
Race & Ethnicity
The largest racial or ethnic group in Spencerville is White (non-Hispanic), making up 76.6% of the population. Hispanic or Latino residents account for 23.4%. The Hispanic or Latino population is significantly higher than the state average (23.4% vs 8.6%).
Education
26.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 10% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 20.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Spencerville, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Spencerville, Indiana?
Spencerville, Indiana has a population of 244 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Spencerville, IN?
The median household income in Spencerville is $36,250, which is 55% lower than the national median of $80,734.
What is the poverty rate in Spencerville, IN?
The ACS sample for Spencerville recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.
What is the racial makeup of Spencerville, Indiana?
Spencerville's population is 76.6% White, 0.0% Black, 23.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Spencerville, IN?
The Census Bureau does not publish a reliable median home value estimate for Spencerville — there are too few owner-occupied homes in the ACS sample. The national median is $332,700.
How educated is Spencerville, Indiana?
26.7% of adults (25+) in Spencerville hold a bachelor's degree or higher, and 20.0% hold a graduate or professional degree.