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Spencerville, Maryland Demographics & Population 2026

During the 2020–2024 ACS period, Spencerville, Maryland had a total population of 1,028, the 332nd largest community in Maryland, with a median household income of $189,766, which is 83% higher than the state average. The poverty rate is 8.7%.

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

Key Takeaways

Spencerville Quick Facts

Population 1,028
Median Household Income $189,766
Median Home Value $626,900
Poverty Rate 8.7%
Unemployment Rate 0.0%
Median Age 44.7 years
Homeownership Rate 100.0%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 47.2%
High School Graduation Rate 99.9%
Diversity Index 64/100
Population 1,028 332nd of 527
Median Income $189,766 top 10%
Poverty Rate 8.7% 30% lower than national
Median Home Value $626,900 top 20%

How Spencerville 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
Population1,4331,028-28.3%
Median home value$626,100$626,900+0.1%

How Spencerville Compares

Economy & Housing

Household Income Distribution

Under $25K 6.7%
$25K-$50K 12.5%
$50K-$100K 17.8%
$100K+ 62.9%
Detailed income brackets
Under $10K
6.7%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
1.9%
$45K-$50K
10.6%
$50K-$60K
3.9%
$60K-$75K
1.9%
$75K-$100K
12.0%
$100K-$125K
0.0%
$125K-$150K
2.8%
$150K-$200K
10.6%
$200K+
49.6%

Employment

0.0% Unemployment Rate State: 4.9%|National: 5.2%
67.1% Labor Force Participation

Housing Overview

Owner 100.0%
Renter 0.0%
Affordability Index Affordable
3.3x home value to income ratio

People & Demographics

Diversity Index

64out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 68 | National average: 61

Education

Spencerville Rankings in Maryland

#332 Population of 527
#38 Median Income of 463
#150 Education of 527
#58 Home Value of 471

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Germantown 90,719 $117,546 8.8% $422,400
Silver Spring 81,462 $99,860 10.6% $643,300
Gaithersburg 69,825 $112,467 8.8% $496,500
Bethesda 69,397 $192,237 4.3% $1,169,900
Rockville 67,671 $128,649 7.6% $682,300
Aspen Hill 53,279 $111,575 9.7% $570,000
Wheaton 52,926 $111,478 13.1% $501,200
North Bethesda 49,677 $129,092 5.2% $731,800
Potomac 45,902 $236,675 3.9% $1,157,000
Olney 35,797 $171,458 4.3% $656,600

Cities Similar to Spencerville

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Galesville1,062$205,205$752,20054.3%2.7%
Cobb Island916N/A$275,0009.1%2.3%
Pylesville933$173,171$649,10026.7%0.0%
Downsville958$220,063$342,70012.1%0.0%
Martin's Additions1,012$250,000+$1,535,20094.0%6.1%

Population Overview

Spencerville is a small community located in Maryland, within Montgomery County. The total population is 1,028. It ranks as the 332nd most populous out of 527 Census-designated places in Maryland.

Age Demographics

The median age in Spencerville is 44.7 years. This is 13% higher than the state median of 39.4 years. Only 12.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Spencerville is $189,766. This is 83% higher than the state median of $103,678. It is also 135% higher than the national median of $80,734. The poverty rate stands at 8.7%. This is 8% lower than the state poverty rate of 9.4%. The survey records no unemployed residents in Spencerville, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $626,900. Housing costs are 49% higher than the state median of $419,900. The home-value-to-income ratio is 3.3x. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 48% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Spencerville is White (non-Hispanic), making up 48.8% of the population. Hispanic or Latino residents account for 32.8%. The Black or African American population (0.2%) is well below the state average of 28.9%. The Hispanic or Latino population is significantly higher than the state average (32.8% vs 12.5%). The Asian population is significantly higher than the state average (11.4% vs 6.5%).

Education

47.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% higher than the state rate of 43.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.9%.

Data Sources & Methodology

All demographic data for Spencerville, Maryland 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 Maryland state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 527 Census-designated places in Maryland. 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, Maryland?

Spencerville, Maryland has a population of 1,028 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Spencerville, MD?

The median household income in Spencerville is $189,766, which is 135% higher than the national median of $80,734.

What is the poverty rate in Spencerville, MD?

The poverty rate in Spencerville is 8.7%. This means approximately 89 residents live below the federal poverty line.

What is the racial makeup of Spencerville, Maryland?

Spencerville's population is 48.8% White, 0.2% Black, 32.8% Hispanic/Latino, and 11.4% Asian.

What is the median home value in Spencerville, MD?

The median home value in Spencerville is $626,900. The home-value-to-income ratio is 3.3x.

How educated is Spencerville, Maryland?

47.2% of adults (25+) in Spencerville hold a bachelor's degree or higher, and 12.5% hold a graduate or professional degree.