Spencer, IN 47460 has a population of approximately 10,808 and experiences a population change rate of -7.12%. The population density is 71.9 / sq mi .
Spencer, IN 47460 Real Estate for Sale

$335,660

$168,000
2 Beds · 1 Baths · 2,816 Sq. Ft.

$57,500

$335,660

$168,000
2 Beds · 1 Baths · 2,816 Sq. Ft.

$57,500
Spencer, IN 47460 has a population of approximately 10,808 and experiences a population change rate of -7.12%. The population density is 71.9 / sq mi .
The median household income for Spencer, IN 47460 is $54,518, with 4,641 households and an average household size of 2.4.
The median value of a home in Spencer, IN 47460 is $199,200 with an appreciation rate of 16.70%. 73.44% of housing in the state is owned while 17.86% is rented.
The cost of living in Spencer, IN 47460 is 85.7 %.
The unemployment rate in Spencer, IN 47460 is 2.90%, and recent job growth is at 1.20%. Future job growth is projected at 43.49%.
The sales tax rate in Spencer, IN 47460 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Spencer, IN 47460 are $13,254, and the school ratio is 14.2:1.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 46.4 inches per year, with 14.9 inches of snow per year.