Spencer is a very small town located in the state of Indiana. With a population of 2,466 people and three associated neighborhoods, Spencer is the 211th largest community in Indiana. Spencer has a large stock of pre-World War II architecture, making it one of the older and more historic towns in the country.

Also of interest is that Spencer has more people living here who work in computers and math than 95% of the places in the US.

Being a small town, Spencer does not have a public transit system used by locals to get to and from work.

In terms of college education, the citizens of Spencer rank slightly lower than the national average. 16.03% of adults 25 and older in Spencer have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.

The per capita income in Spencer in 2022 was $31,342, which is upper middle income relative to Indiana, and middle income relative to the rest of the US. This equates to an annual income of $125,368 for a family of four. However, Spencer contains both very wealthy and poor people as well.

The people who call Spencer home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Spencer residents report their race to be White, followed by Asian. Important ancestries of people in Spencer include German, Irish, English, European, and Scottish.

The most common language spoken in Spencer is English. Other important languages spoken here include Italian and Korean.