Spencer County, Kentucky Demographics 2026

Population Overview

Spencer County is located in Kentucky with a total population of 19,875. It is the 58th most populous county out of 120 in Kentucky.

Age Demographics

The median age in Spencer County is 43.3 years. This is 11% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Spencer County is $98,333. This is 58% higher than the state median of $62,417. Compared to the national median of $78,538, household income here is 25% higher. The poverty rate stands at 7.4%. This is 54% lower than the state poverty rate of 16.1%. The unemployment rate is 5.9%. This is 22% higher than the state rate of 4.8%. The median home value is $297,600. Housing costs are 55% higher than the state median of $192,300. The home-value-to-income ratio is 3.0x. 86.6% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 68.3%.

Race & Ethnicity

Spencer County has a predominantly White (non-Hispanic) population, comprising 93.2% of all residents. Hispanic or Latino residents account for 2.6%. The Black or African American population (0.9%) is well below the state average of 7.8%. The Asian population (0.4%) is well below the state average of 1.5%.

Education

22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% lower than the state rate of 27.0%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.3%.