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Population Review

Spencer County, Indiana Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates · 73rd-largest in Indiana

The population of Spencer County, Indiana is 19,871 as of the 2023 American Community Survey, making it the 73rd-largest county in Indiana. The median household income is $70,890, the median home value is $180,200, and the median age is 44.2.

The population of Spencer County has declined 3.5% since 2010 (20,916 → 20,192), a -0.25% annualized rate.

Spencer County within Indiana · Source: US Census TIGER/Line via us-atlas

19,871

Population

-0.25%

Annual growth

50

People / sq mi

$70,890

Median Income

$180,200

Median Home Value

Spencer County covers 397 sq mi of land at 50.1 people per square mile.

About Spencer County, IN

Spencer County is a county in Indiana with a population of 19,871. It ranks #73 among counties in Indiana by population. The median age is 44.2, older than the national median. The population is 51.1% male and 48.9% female.

The median household income in Spencer County is $70,890, near the US median of $74,580. 4.5% of residents live below the federal poverty level. Home values sit at a median of $180,200, with monthly rent averaging $697. The homeownership rate of 81.2% is higher than the national rate of 64.8%.

Educational attainment in Spencer County reflects 21.2% of adults 25 and older holding a bachelor's degree or higher, below the national average of 34.3%. Roughly 4.8% of workers primarily work from home, below the national work-from-home rate of 14.2%. The average commute is 26.2 minutes each way.

Spencer County Population History (2010-2024)

The county of Spencer County had a population of 20,916 in 2010 and 20,192 in 2024, a -3.5% growth over 14 years. The peak was 20,971 in 2011. Average annual growth rate: -0.25%.

2011 · 21K20102024

20,192

Population (2024)

20,916

Population (2010)

20,971

Peak (2011)

-0.25%

Avg Annual Growth

YearPopulation
201020,916
201120,971
201220,784
201320,765
201420,764
201520,644
201620,496
201720,441
201820,385
201920,273
202019,833
202119,841
202219,890
202320,018
202420,192

Race & Ethnicity

White94.8%
Black or African American0.6%
Asian0.0%
Hispanic or Latino (any race)0.7%
Two or More Races0.0%

Age & Sex

44.2

Median Age

48.9%

Female

51.1%

Male

20.2%

Age 65+

Age Distribution

Under 5
5.0%
5–9
6.0%
10–14
6.6%
15–19
6.1%
20–24
5.0%
25–34
11.2%
35–44
11.7%
45–54
12.5%
55–59
7.2%
60–64
8.4%
65–74
12.4%
75–84
5.9%
85+
1.9%

Children (under 15): 17.6% · Seniors (65+): 20.2%

Income & Poverty

Median household income$70,890+$839 vs state
Mean household income$87,894
Per-capita income$36,718
Poverty rate4.5%-3.9% vs state
Unemployment rate2.1%
Employment-to-population60.6%

Top Industries by Employment

Professional & business services
23.1%
Manufacturing
21.7%
Retail trade
8.8%
Construction
7.4%
Education & health care
5.2%
Arts, entertainment & food
4.7%
Finance & real estate
4.4%
Public administration
4.2%

The largest employment sector in Spencer County is professional & business services, accounting for 23.1% of workers.

How residents commute

0.0%

Drive alone

1.8%

Carpool

86.6%

Public transit

4.8%

Work from home

26.2 min

Avg commute

Housing

$180,200$-21,400 vs state

Median home value

$697

Median rent

81.2%

Homeownership rate

8,685

Total housing units

91.9%

Occupied

8.1%

Vacant

18.8%

Renter-occupied

Social & access

96.2%

With health insurance

90.6%

With broadband internet

28.3%

Foreign-born

7.9%

Veterans (18+)

14.1%

With a disability

96.9%

Speak language other than English at home

Education

93.1%

High School+

21.2%

Bachelor's+

Largest cities in Indiana

Other counties in Indiana

Part of Indiana

Metro areas in Indiana

County rankings

Frequently Asked Questions

Spencer County, Indiana has a population of 19,871 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 73rd-largest county in Indiana. Population density is 50 people per square mile.

The population of Spencer County has declined 3.5% since 2010 (20,916 → 20,192), a -0.25% annualized rate.

The median household income in Spencer County, Indiana is $70,890, with mean (average) household income of $87,894 and per-capita income of $36,718. 4.5% of residents live below the federal poverty level.

In Spencer County, the largest racial and ethnic groups are White (94.8%), Hispanic or Latino (0.7%), Black or African American (0.6%). Figures are from the US Census Bureau's 2023 ACS 5-year estimates and reflect self-reported responses.

The median age in Spencer County, Indiana is 44.2 years. Residents are 48.9% female and 51.1% male.

The median home value in Spencer County is $180,200 and median monthly rent is $697. 81.2% of occupied housing units are owner-occupied. The county has 8,685 total housing units, 8.1% of which are vacant.

The largest employment sector in Spencer County, Indiana is professional, scientific, and management services, employing 23.1% of workers. The unemployment rate is 2.1%.

Indianapolis is among the largest cities associated with Spencer County, Indiana, with a population of 882,043.

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.