With 932 people, Spencer is a city in New York. 31.0% of people here live below the federal poverty line. Households here earn about 40% less than in New York as a whole. Home values have more than doubled since 2000, reaching $154,300. The median age is 34.4, younger than the US median of 38.9. 2% of people here were born outside the United States.
At a glance
Lower income
median household income $51,765, below the US median
US median: $82,259
Younger
median age 34.4
US median: 38.9
Less educated
28% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Spencer
What changed most since 1990
Poverty rate10.7% → 31.0%(+20.3 pts)US over the same years: −0.8 pts
Median home value (2024 dollars)$129,844 → $154,300(+19%)US over the same years: +67%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)11.9%(5)
US avg: 26.4%
Gulf War (1990s)28.6%(12)
US avg: 24.3%
Vietnam era11.9%(5)
US avg: 33.1%
Korean War16.7%(7)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 42 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Spencer, decade by decade
Spencer population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
815
$55,502
$129,844
15.8%
8.4
2000
731
$60,033
$124,966
15.2%
6.1
2010
759
$49,199
$138,391
25.7%
13.1
2020
719
$64,743
$145,566
23.1%
23.9
2024
932
$51,765
$154,300
28.3%
10.9
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.