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CITY · 2020 ACS

Spencerville

Maryland · 1,812 residents · 1.562 sq mi
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The short version

Spencerville is significantly wealthier than the US average, with a median household income of $104,333. Population has declined 13% since 2019. 46% of adults hold a bachelor's degree or higher. Median home value is $502,300. The poverty rate of 32.0% is well above the national figure. Despite a median home value of $502,300, the poverty rate sits 149% above the US average — a pattern often seen in resort and college towns.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 42.5
US median: 38.8
More educated
46% hold a bachelor's degree
US average: 33%
More affordable
home values down 12%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,812
−13%since 2019
from 2,079 in 2019
2010 – 2024
Population density
1,160 / sq mi
−13%since 2019
from 1,331 / sq mi in 2019
US average: 280
Median age
42.5
+10%since 2019
from 38.7 in 2019
US average: 38.8
Population, 2010 – 2024
8981K2K2K2K201020202024Spencerville
20241K
201020202024
Section 02

Income & economy

Median household income
$104,333
−12%inflation adjusted, since 2019
from $117,578 in 2019
US average: $66,278
2010 – 2024
Per capita income
$40,638
−13%since 2019
from $46,473 in 2019
US average: $35,364
Households earning $100K+
64.1%
−13.4 ptssince 2019
from 77.5% in 2019
US average: 43.9%
Poverty rate
32.0%
+17.4 ptssince 2019
from 14.6% in 2019
US average: 12.8%
Workforce by industry, 2020
Wholesale trade17.5%
US avg: 6.7%
Other services7.8%
US avg: 6.6%
Finance & insurance7.2%
US avg: 5.5%
Professional, scientific, technical7.2%
US avg: 4.7%
Information5.1%
US avg: 11.1%
Public administration3.9%
US avg: 4.7%
Agriculture, forestry, fishing3.5%
US avg: 1.7%
Construction3.5%
US avg: 1.2%
Retail trade2.6%
US avg: 10%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
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
$502,300
−12%inflation adjusted, since 2019
from $564,600 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$1,913
−32%inflation adjusted, since 2019
from $2,795 in 2019
US average: $1,124
Owner-occupied
93.3%
+10.2 ptssince 2019
from 83.2% in 2019
6.7% rent
Afford Score
4.8
Unchangedsince 2019
from 4.8 in 2019
2010 – 2024
RELATED:See current rent listings in Spencerville on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic31.6%(657)
Black26.3%(547)
Hispanic / Latino24.3%(505)
Asian13.3%(277)
Other4.5%(93)
Diversity Score94%(1,955)
2020
White, non-Hispanic40.9%(741)
Black18.4%(333)
Hispanic / Latino18.9%(342)
Asian15.5%(281)
Other3.3%(60)
Diversity Score90.2%(1,635)
Diversity Score
90
−4%since 2019
from 94 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
45.9%
−2.0 ptssince 2019
from 47.9% in 2019
US average: 32.9%
High school or higher
91.5%
+1.3 ptssince 2019
from 90.1% in 2019
US average: 88.5%
Graduate degree
23.9%
+2.9 ptssince 2019
from 21.0% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
31.3 min
−9%since 2019
from 34.4 min in 2019
US average: 26.9
Drive alone to work
73.1%
+0.3 ptssince 2019
from 72.8% in 2019
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.8%
+2.7 ptssince 2019
from 2.0% in 2019
US average: 5.4%
Labor force participation
68.4%
−5.1 ptssince 2019
from 73.5% in 2019
US average: 63.4%
Management & professional
33.0%
−2.4 ptssince 2019
from 35.4% in 2019
US average: 39.3%
Section 08

People & community

Male
50.2%
−0.2 ptssince 2019
from 50.4% in 2019
Female
49.8%
+0.2 ptssince 2019
from 49.6% in 2019
Foreign born
25.8%
−2.4 ptssince 2019
from 28.2% in 2019
US average: 13.5%
Uninsured
4.5%
+0.1 ptssince 2019
from 4.4% in 2019
US average: 8.8%
Drill deeper

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Compare Spencerville to nearby cities

SPENCERVILLE VS
Cloverly
Income$152,083+46%
Home value$665,300+32%
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SPENCERVILLE VS
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Income$134,276+29%
Home value$488,800−3%
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SPENCERVILLE VS
Fairland
Income$98,800−5%
Home value$477,300−5%
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SPENCERVILLE VS
Colesville
Income$130,682+25%
Home value$616,800+23%
Population14,519+1312%
SEE FULL COMPARISON →
Frequently asked

How many people live in Spencerville, Maryland?

Spencerville, Maryland has about 1,812 residents according to the 2020 American Community Survey.

What is the median household income in Spencerville, Maryland?

The typical household in Spencerville, Maryland earns about $104,333 a year. Half of households make more than that, and half make less.

Is Spencerville, Maryland expensive?

In Spencerville, Maryland, the median home is worth about $502,300, and the typical rent is about $1,913 a month.

How educated are people in Spencerville, Maryland?

About 45.9% of adults age 25 and over in Spencerville, Maryland hold a bachelor's degree or higher.

What is the poverty rate in Spencerville, Maryland?

About 32.0% of people in Spencerville, Maryland live below the federal poverty line.

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

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