Spencer, VA demographics:
population, income, and more

Total population
1,874
14.8% year-over-year change
Median household income
$49,250/yr
-20.8% year-over-year change
Housing units
877
20.0% year-over-year change

Spencer population

How many people live in Spencer

Spencer is home to 1,874 residents, according to the most recent Census data. Gender-wise, 53.7% of Spencer locals are male, and 46.4% are female.

Total population
1,874
14.8% year-over-year change
Gender ratio
Male
53.7%
1,006
Female
46.4%
869
Value Percent YoY change
Male 1,006 53.7% 1.6%
Female 869 46.4% 35.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Spencer is 43, with the population distributed as follows: about 19.5% are children under 15, then 10.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.5% of the population, while another 24.2% fall into the 45 to 64 bracket. Finally, around 22.4% are 65 or older.

Median age
42.8
Age breakdown
Under 15
19.5%
15 to 24
10.4%
25 to 44
23.5%
45 to 64
24.2%
Over 65
22.4%
Value Percent YoY change
Under 15 365 19.5% 39.9%
15 to 24 196 10.4% -17.6%
25 to 44 441 23.5% 21.5%
45 to 64 453 24.2% -4.2%
Over 65 420 22.4% 40.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Spencer, 93.3% of the population are US-born citizens, while 5.3% have gained naturalized citizenship. At the same time, 1.4% of residents are non-citizens. There’s also a share of 1.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
93.3%
Non-U.S.-born citizens
5.3%
Non-citizens
1.4%
Value Percent YoY change
U.S.-born citizens 1,748 93.3% 14.3%
Non-U.S.-born citizens 100 5.3% 19.1%
Non-citizens 26 1.4% 36.8%
Racial breakdown
White
78%
Black or African American
20.1%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.9%
Other
0%
Value Percent
White 1,461 78%
Black or African American 377 20.1%
American Indian and Alaska Native 1 0%
Two or more races 35 1.9%

Households in Spencer

A peek inside Spencer households

Spencer has 823 households, with an average of 2 members in each. Of these, 66.3% are families, while the remaining 33.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
823
25.5% year-over-year change
Average people per household
2
Non-family households
277
Family households
546
Value Percent YoY change
Non-family households 277 33.7% 16.4%
Family households 546 66.3% 30.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Spencer

The housing landscape of Spencer

Spencer's housing consists of 877 units, with 75.8% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 22.2% of the housing landscape.

Housing units
877
20.0% year-over-year change
Housing types
Value Percent
1 unit, detached 665 75.8%
50 or more units 17 1.9%
Mobile home 195 22.2%
Homes built since 2020
% year-over-year change

The age of buildings in Spencer

In Spencer, the median construction year is 1980. About 2.7% of homes were built before the 1940s, with another 2.3% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 24 2.7% 26.3%
Built between 1940 and 1949 20 2.3% N/A
Built between 1950 and 1959 69 7.9% -18.8%
Built between 1960 and 1969 167 19% 89.8%
Built between 1970 and 1979 157 17.9% 21.7%
Built between 1980 and 1989 109 12.4% 3.8%
Built between 1990 and 1999 100 11.4% 23.5%
Built between 2000 and 2009 106 12.1% -29.8%
Built between 2010 and 2019 125 14.2% 71.2%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Spencer occupancy rates

Out of the 823 occupied housing units in Spencer, 86.4% are owner-occupied, while 13.6% are lived in by tenants. Meanwhile, 6.2% of all homes on the local market sit vacant.

Occupied housing units
823
25.5% year-over-year change
Occupancy breakdown
Renter occupied
112
Owner occupied
711
Value Percent YoY
change
Renter occupied 112 13.6% -12.5%
Owner occupied 711 86.4% 34.7%
Unoccupied housing units
6.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Spencer housing costs

Housing costs in Spencer come to a median of $519 per month, while tenants specifically pay a median gross rent of $812.

Median housing costs per month
$519/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Spencer
$812/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Spencer

Spencer education at a glance

About 44.1% of the population in Spencer went to high school, while 23.6% pursued college studies. Another 11.3% earned an associate degree and 9.5% hold a bachelor’s. Meanwhile, 1.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 143 10.2% -2.7%
High school diploma 620 44.1% -1.0%
College diploma 332 23.6% 28.7%
Associate degree 159 11.3% 37.1%
Bachelor's degree 134 9.5% 8.9%
Graduate degree 17 1.2% 88.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Spencer

How much people earn in Spencer

The average annual household income in Spencer was $64,496 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -13.6% change from the previous year. At the same time, the median income stood at $49,250, reflecting a -20.8% shift over the same period.

Average household income in Spencer
$64,496/year
-13.6% year-over-year change
Median household income in Spencer
$49,250/year
-20.8% year-over-year change

Spencer income by age

In Spencer, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $44,375. Those with someone between 45 and 64 in charge, often well established professionally, earn $68,750 overall. Overall, 83.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $44,375 5.8%
45 - 64 $68,750 -7.3%
Over 65 $46,905 -6.2%
Above poverty level
1,533
Below poverty level
298
Value Percent YoY
change
Above poverty level 1,533 83.7% 16.5%
Below poverty level 298 16.3% 8.4%

Employment in Spencer

Workforce and job types in Spencer

68.4% of the working population are employed in professional or administrative positions, while 31.6% are in hands-on or service-based jobs. Also, 10.1% run their own businesses, 69.5% are employed by private companies, and 17.1% work in the public sector.

Workforce demographics

White collar
609
Blue collar
282
Value Percent YoY change
White collar 609 68.4% 22.0%
Blue collar 282 31.6% -11.0%
Employer type
Self employees
10.1%
Private companies
69.5%
Governmental workers
17.1%
Not for profit companies
3.4%
Value Percent YoY change
Self employees 90 10.1% 30.4%
Private companies 619 69.5% 3.2%
Governmental workers 152 17.1% 81.0%
Not for profit companies 30 3.4% -52.4%

Transportation in Spencer

How people get around in Spencer

Means of transportation
Value Percent YoY change
Car 669 100% 0.5%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Spencer by zipcode?

Zipcode Population Number of households Median income Average income
24165 1,875 823 $49,250 $64,499

Explore more communities

FAQs about Spencer demographics 

What is the total population of Spencer?

Spencer has a total population of 1,874 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +14.8% compared to a year ago.

What is the gender ratio in Spencer?

The gender ratio in Spencer is as follows:
  • 53.7% males (1,006 residents)
  • 46.4% females (869 residents)

What is the median age in Spencer?

The median age in Spencer is 42.8.

What is the age distribution of the population in Spencer?

The age distribution in Spencer is as follows:
  • Under 15: 19.5% (365 residents)
  • Ages 15-24: 10.4% (196 residents)
  • Ages 25-44: 23.5% (441 residents)
  • Ages 45-64: 24.2% (453 residents)
  • Over 65: 22.4% (420 residents)

What is the racial and ethnic makeup of Spencer?

The racial and ethnic makeup of Spencer is as follows:
  • White: 78% (1,461 residents)
  • Black or African American: 20.1% (377 residents)
  • American Indian and Alaska Native: 0% (1 residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 1.9% (35 residents)
  • Other: 0% ( residents)

What percentage of the population in Spencer are U.S.-born citizens?

U.S.-born citizens represent 93.3% of the population in Spencer.

How many housing units are there in Spencer?

There are 877 housing units in Spencer, reflecting a +20.0% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Spencer and what is the average household size?

Spencer has a total of 823 households, with an average of 2 people in each.

What is the median household income in Spencer?

Spencer has a median household income of $49,250, representing a -20.8% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Spencer?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 68.4% (609 residents)
  • Blue-collar workers: 31.6% (282 residents)

Places of employment:
  • Self-employed: 10.1% (90 residents)
  • Private companies: 69.5% (619 residents)
  • Governmental workers: 17.1% (152 residents)
  • Not-for-profit companies: 3.4% (30 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025