Spencer, MA 01562 has a population of approximately 11,856 and experiences a population change rate of 1.41%. The population density is 361.1 / sq mi .
Spencer, MA 01562 has a population of approximately 11,856 and experiences a population change rate of 1.41%. The population density is 361.1 / sq mi .
The median household income for Spencer, MA 01562 is $68,559, with 5,186 households and an average household size of 2.29.
The median value of a home in Spencer, MA 01562 is $373,000 with an appreciation rate of 14.00%. 57.61% of housing in the state is owned while 32.08% is rented.
The cost of living in Spencer, MA 01562 is 112.3 %.
The unemployment rate in Spencer, MA 01562 is 2.70%, and recent job growth is at 0.00%. Future job growth is projected at 37.33%.
The sales tax rate in Spencer, MA 01562 is 6.25%, while the income tax rate is 5.00% .
School expenditures in Spencer, MA 01562 are $19,742, and the school ratio is 12.7:1.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 48.1 inches per year, with 58.4 inches of snow per year.