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
- Household income is 83% above the state average — one of the wealthiest communities in Maryland.
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 | 1,433 | 1,028 | -28.3% |
| Median home value | $626,100 | $626,900 | +0.1% |
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 diverse community with significant representation from multiple racial and ethnic groups.
State average: 68 | National average: 61
Education
Educational Attainment (Adults 25+)
Spencerville Rankings in Maryland
Explore Maryland Rankings
Other Cities in Montgomery County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Galesville | 1,062 | $205,205 | $752,200 | 54.3% | 2.7% |
| Cobb Island | 916 | N/A | $275,000 | 9.1% | 2.3% |
| Pylesville | 933 | $173,171 | $649,100 | 26.7% | 0.0% |
| Downsville | 958 | $220,063 | $342,700 | 12.1% | 0.0% |
| Martin's Additions | 1,012 | $250,000+ | $1,535,200 | 94.0% | 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.