Economy & Jobs — Spencer, Indiana

Income & Employment

Median Household Income (Census)$48,378
Estimated 2026~$54,700
Per Capita Income$31,716
Poverty Rate14.1%
Unemployment Rate4.3%
In Labor Force1,097

Top Industries

IndustryShare
Manufacturing25.3%
Education Healthcare16.3%
Arts Food10.0%

Local Businesses (County)

TypeCount
Fast Food14
Gas Stations8
Auto Repair7
Full Service Restaurants7
Insurance Agencies6
General Merchandise5
Law Offices4
Child Day Care4
Grocery Stores3
Commercial Banks3
Physician Offices3
Dental Offices3
Nursing Care3
Fitness Centers3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.