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CITY · 2020 ACS

Spencer

Massachusetts · 5,810 residents · 2.109 sq mi
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The short version

Spencer has lower-than-average household income, with a median household income of $52,593. Population has declined 4% since 2000. 6% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $235,800. Households here earn about 38% less than the Massachusetts median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 43.1
US median: 38.8
Less educated
6% hold a bachelor's degree
US average: 33%
Less affordable
home values up 29%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
5,810
−4%since 2000
from 6,032 in 2000
1990 – 2024
Population density
2,755 / sq mi
−4%since 2000
from 2,860 / sq mi in 2000
US average: 280
Median age
43.1
+23%since 2000
from 35.0 in 2000
US average: 38.8
Population, 1990 – 2024
5K6K6K6K6K1990201020202024Spencer
20246K
1990201020202024
Section 02

Income & economy

Median household income
$52,593
−1%inflation adjusted, since 2000
from $35,206 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,909
+58%since 2000
from $18,975 in 2000
US average: $35,364
Households earning $100K+
29.7%
+1.7 ptssince 2009
from 28.0% in 2009
US average: 43.9%
Poverty rate
12.4%
+0.4 ptssince 2000
from 12.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade21.6%
US avg: 10%
Information15.5%
US avg: 11.1%
Wholesale trade10.7%
US avg: 6.7%
Other services7.3%
US avg: 6.6%
Public administration4.1%
US avg: 4.7%
Finance & insurance3.8%
US avg: 5.5%
Professional, scientific, technical3.8%
US avg: 4.7%
Transportation & warehousing1.5%
US avg: 2.5%
Agriculture, forestry, fishing0.8%
US avg: 1.7%
Construction0.8%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$235,800
+29%inflation adjusted, since 2000
from $121,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$815
Unchangedinflation adjusted, since 2000
from $542 in 2000
US average: $1,124
Owner-occupied
44.1%
Unchangedsince 2000
from 44.0% in 2000
55.9% rent
Afford Score
4.5
+30%since 2000
from 3.5 in 2000
1990 – 2024
RELATED:See current rent listings in Spencer on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.6%(5,829)
Black0.6%(35)
Hispanic / Latino1.6%(97)
Asian0.2%(14)
Other0%
Diversity Score6%(362)
2020
White, non-Hispanic80.9%(4,700)
Black2.5%(144)
Hispanic / Latino10.8%(626)
Asian1%(61)
Other4.5%(261)
Diversity Score40.9%(2,375)
Diversity Score
41
+582%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
6.4%
−7.9 ptssince 2000
from 14.3% in 2000
US average: 32.9%
High school or higher
88.7%
+13.2 ptssince 2000
from 75.5% in 2000
US average: 88.5%
Graduate degree
1.5%
−1.9 ptssince 2000
from 3.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
27.7 min
+50%since 2000
from 18.5 min in 2000
US average: 26.9
Drive alone to work
84.3%
+2.6 ptssince 2009
from 81.7% in 2009
US average: 75.1%
No vehicle available
20.9%
+13.8 ptssince 2009
from 7.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
9.8%
−2.5 ptssince 2011
from 12.3% in 2011
US average: 5.4%
Labor force participation
58.7%
−5.4 ptssince 2011
from 64.0% in 2011
US average: 63.4%
Management & professional
20.6%
−44.8 ptssince 2009
from 65.5% in 2009
US average: 39.3%
Section 08

People & community

Male
51.0%
+5.7 ptssince 2009
from 45.3% in 2009
Female
49.0%
−5.7 ptssince 2009
from 54.7% in 2009
Foreign born
7.1%
+4.1 ptssince 2009
from 3.0% in 2009
US average: 13.5%
Uninsured
2.9%
−90.7 ptssince 2013
from 93.6% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Spencer to nearby cities

SPENCER VS
Worcester
Income$70,102+33%
Home value$374,400+59%
Population213,862+3678%
SEE FULL COMPARISON →
SPENCER VS
Southbridge
Income$66,287+26%
Home value$294,800+25%
Population18,105+220%
SEE FULL COMPARISON →
SPENCER VS
Webster
Income$63,837+21%
Home value$333,100+41%
Population12,228+116%
SEE FULL COMPARISON →
SPENCER VS
Palmer
Income$78,480+49%
Home value$271,400+15%
Population12,367+118%
SEE FULL COMPARISON →
Frequently asked

How many people live in Spencer, Massachusetts?

Spencer, Massachusetts has about 5,810 residents according to the 2020 American Community Survey.

What is the median household income in Spencer, Massachusetts?

The typical household in Spencer, Massachusetts earns about $52,593 a year. Half of households make more than that, and half make less.

Is Spencer, Massachusetts expensive?

In Spencer, Massachusetts, the median home is worth about $235,800, and the typical rent is about $815 a month.

How educated are people in Spencer, Massachusetts?

About 6.4% of adults age 25 and over in Spencer, Massachusetts hold a bachelor's degree or higher.

What is the poverty rate in Spencer, Massachusetts?

About 12.4% of people in Spencer, Massachusetts live below the federal poverty line.

Has Spencer, Massachusetts grown since 1990?

Yes, Spencer, Massachusetts has shrunk since 1990. The population has lost about 496 residents, a change of about -8 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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