Spencer, IN Employment - Median Household Income, Unemployment Rate

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F

20%

Income/capita NAT. AVG.

38%

Household income NAT. AVG.

55%

Unemployment NAT. AVG.

Index	Spencer	Indiana	National
Income per capita	$36,061	$39,271	$44,883
Median household income	$50,490	$75,463	$81,333
Median income owner occupied	$70,263	$93,561	$106,172
Median income renter occupied	$32,043	$44,330	$52,080
Median earnings male	$34,078	$53,211	$54,343
Median earnings female	$33,496	$34,936	$38,439
Unemployment rate	2.2%	4.6%	4.9%
Poverty level	16.6%	15.0%	15.1%

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Homes For Sale In Spencer, IN

2306 Rattlesnake Rd

Spencer, IN

1892 Maze Rd

Spencer, IN

3605 State Highway 43

Spencer, IN

1850 Mangus Rd

Poland, IN

Key findings

The income per capita in Spencer is 20% lower than the national average
The median household income in Spencer is 38% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Spencer is 55% lower than the national average
The poverty level in Spencer is 10% higher than the national average

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am i middle class

$33,656 $50,490 $100,980

City

$50,303 $75,463 $150,926

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Spencer median earnings by income bracket

Spencer employment by industry

Labour Type	Male	Female
Construction industry	15.4%	15.4%
Manufacturing sector	22.6%	22.6%
Financial & insurance services	2.7%	2.7%
Wholesale & retail services	7.0%	7.0%
Public administration	2.9%	2.9%
Transportation, warehousing & utilities	3.7%	3.7%
Education, health & social services	7.0%	7.0%
Other	35.0%	35.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Ellettsville, IN	6,865	$88,773	9.1%
Stinesville, IN	334	$76,973	5.4%
Gosport, IN	1,092	$72,379	11.0%
Paragon, IN	478	$62,164	23.6%
Bloomington, IN	87,630	$60,737	25.3%
Spencer, IN	2,289	$50,490	37.9%

Cities with similar population

City	Population	Household Income	National Avg.
Jackson, KY	2,289	$48,575	40.3%
Lexington, OK	2,289	$59,543	26.8%
St. George, SC	2,289	$40,300	50.5%
Logy Bay-Middle Cove-Outer Cove, NL	2,289	n/a
Fowler, IN	2,288	$60,370	25.8%
Spencer, IN	2,289	$50,490	37.9%

Source: The Spencer, IN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.