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Spencer, New York Demographics & Population 2026

During the 2020–2024 ACS period, Spencer, New York had a total population of 932, the 882nd largest village in New York, with a median household income of $51,765, which is 40% lower than the state average. The poverty rate is 31.0%.

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

Key Takeaways

Spencer Quick Facts

Population 932
Median Household Income $51,765
Median Home Value $154,300
Poverty Rate 31.0%
Unemployment Rate 6.2%
Median Age 34.4 years
Homeownership Rate 62.6%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 28.2%
High School Graduation Rate 82.0%
Diversity Index 9/100
Population 932 882nd of 1,289
Median Income $51,765 bottom 20%
Poverty Rate 31.0% 149% higher than national
Median Home Value $154,300 bottom 30%

How Spencer 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
Population848932+9.9%
Median household income$50,682$51,765+2.1%
Median home value$139,200$154,300+10.8%

How Spencer Compares

Economy & Housing

Household Income Distribution

Under $25K 20.9%
$25K-$50K 25.8%
$50K-$100K 33.8%
$100K+ 19.5%
Detailed income brackets
Under $10K
10.2%
$10K-$15K
4.1%
$15K-$20K
5.8%
$20K-$25K
0.8%
$25K-$30K
6.0%
$30K-$35K
11.0%
$35K-$40K
1.1%
$40K-$45K
3.6%
$45K-$50K
4.1%
$50K-$60K
7.7%
$60K-$75K
6.0%
$75K-$100K
20.1%
$100K-$125K
6.3%
$125K-$150K
7.1%
$150K-$200K
3.6%
$200K+
2.5%

Employment

6.2% Unemployment Rate State: 6.4%|National: 5.2%
62.8% Labor Force Participation

Housing Overview

Owner 62.6%
Renter 37.4%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $1,046/mo 24.2% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

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

State average: 65 | National average: 61

Education

Spencer Rankings in New York

#882 Population of 1,289
#1083 Median Income of 1,219
#793 Education of 1,288
#930 Home Value of 1,232

Other Cities in Tioga County

CityPopulationMedian IncomePovertyHome Value
Waverly 4,305 $54,274 7.3% $140,200
Owego 3,912 $60,139 29.1% $147,300
Apalachin 2,553 $81,337 13.6% $179,900
Tioga Terrace 2,057 $131,817 0.5% $233,400
Crest View Heights 1,852 $167,083 1.0% $224,300
Newark Valley 1,051 $71,369 5.7% $120,200
Candor 984 $47,417 20.8% $119,400
Nichols 601 $66,250 1.3% $147,000

Cities Similar to Spencer

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Great Bend938N/A$172,60017.3%31.3%
Ripley920$52,614$112,00028.7%6.5%
Marathon952$52,198$124,80012.6%13.2%
Tivoli945$53,177$354,30054.9%30.0%
High Falls887N/A$234,00041.9%11.5%

A note before these figures: with a population of 932, Spencer'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

Spencer is a small community located in New York, within Tioga County. The total population is 932. It ranks as the 882nd most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Spencer is 34.4 years. This is 14% lower than the state median of 39.8 years. With 28.8% of the population under 18, Spencer has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Spencer is $51,765. This is 40% lower than the state median of $85,974. It is also 36% lower than the national median of $80,734. The poverty rate stands at 31.0%. This is 122% higher than the state poverty rate of 14.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.2%. This is 3% lower than the state rate of 6.4%. The median home value is $154,300. Housing costs are 64% lower than the state median of $423,800. The home-value-to-income ratio is 3.0x. 62.6% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 54.4%.

Race & Ethnicity

Spencer has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Hispanic or Latino residents account for 2.1%. The White (non-Hispanic) population is significantly higher than the state average (95.5% vs 52.8%). The Black or African American population (1.1%) is well below the state average of 13.4%. The Hispanic or Latino population (2.1%) is well below the state average of 19.8%. The Asian population (0.3%) is well below the state average of 9.0%.

Education

28.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.0%.

Data Sources & Methodology

All demographic data for Spencer, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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 Spencer, New York?

Spencer, New York has a population of 932 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Spencer, NY?

The median household income in Spencer is $51,765, which is 36% lower than the national median of $80,734.

What is the poverty rate in Spencer, NY?

The poverty rate in Spencer is 31.0%. This means approximately 289 residents live below the federal poverty line.

What is the racial makeup of Spencer, New York?

Spencer's population is 95.5% White, 1.1% Black, 2.1% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Spencer, NY?

The median home value in Spencer is $154,300. The home-value-to-income ratio is 3.0x.

How educated is Spencer, New York?

28.2% of adults (25+) in Spencer hold a bachelor's degree or higher, and 7.2% hold a graduate or professional degree.