Spencer

Population: 5,520
Median household income: $59,618
Median home value: $297,700

Spencer is a community in Worcester County, Massachusetts, home to 5,520 residents. Its median household income of $59,618 runs below the Worcester County figure of $93,561.

Between 2019 and 2023, Spencer's population declined 4.7% from 5,792 to 5,520, while its median home value rose 33.8% from $222,500 to $297,700.

Households average 2.05 people. The median gross rent is $1,052.

Demographics

ACS 2019–2023

Population: 5,520
Median age: 50.8 yrs
Median household income: $59,618
Median home value: $297,700
Median gross rent: $1,052
Housing units: 3,153
Homeownership rate: 40.9%
Bachelor's degree or higher: 15.7%
Unemployment rate: 6.4%

Trends

ACS 5-year · 2019–2023

Population

5,7925,520

Median household income

$59,331$59,618

Median home value

$222,500$297,700

Median gross rent

$873$1,052

Year	Population	Median household income	Median home value	Median gross rent
2019	5,792	$59,331	$222,500	$873
2020	5,810	$52,593	$235,800	$815
2021	5,743	$48,646	$254,600	$891
2022	5,637	$58,898	$292,400	$1,022
2023	5,520	$59,618	$297,700	$1,052

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.5%

5 to 1712.4%

18 to 248.7%

25 to 3410.2%

35 to 4410.2%

45 to 5411.4%

55 to 6419.9%

65 to 7413.9%

75 and over11.9%

	Count	Share
Under 5	82	1.5%
5 to 17	685	12.4%
18 to 24	480	8.7%
25 to 34	562	10.2%
35 to 44	561	10.2%
45 to 54	628	11.4%
55 to 64	1,101	19.9%
65 to 74	765	13.9%
75 and over	656	11.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,871	88.2%
Black or African American	48	0.9%
American Indian & Alaska Native	0	0.0%
Asian	44	0.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	210	3.8%
Hispanic or Latino (any race)	347	6.3%

Educational attainment (age 25+)

No high school diploma11.5%

High school graduate43.5%

Some college or associate's29.3%

Bachelor's degree11.4%

Graduate or professional degree4.2%

	Count	Share
No high school diploma	493	11.5%
High school graduate	1,859	43.5%
Some college or associate's	1,252	29.3%
Bachelor's degree	489	11.4%
Graduate or professional degree	180	4.2%

Commute to work

Mean travel time to work: 35 min

Drove alone76.6%

Carpooled9.4%

Public transit4.3%

Walked0.0%

Bicycle0.0%

Worked from home9.7%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,999	76.6%
Carpooled	245	9.4%
Public transit	113	4.3%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	253	9.7%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	313	13.3%
15 to 29 min	556	23.6%
30 to 44 min	737	31.3%
45 to 59 min	413	17.5%
60+ min	338	14.3%

Households

Average household size: 2.05
Poverty rate: 11.4% (630 of 5,520)

	Count	Share
Family households	1,300	48.5%
Nonfamily households	1,381	51.5%

Housing

Median year structure built: 1944

Occupancy

	Count	Share
Occupied	2,681	85.0%
Vacant	472	15.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,096	40.9%
Renter-occupied	1,585	59.1%

1-unit, detached31.6%

1-unit, attached0.4%

2 to 4 units44.0%

5 to 19 units21.4%

20 or more units2.7%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	995	31.6%
1-unit, attached	12	0.4%
2 to 4 units	1,386	44.0%
5 to 19 units	676	21.4%
20 or more units	84	2.7%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2566070
Type (LSAD): 57
Land area: 2.11 sq mi
Water area: 0.06 sq mi
Center point: 42.2486, -71.9931