Spencer is a very small town located in the state of Indiana. With a population of 2,464 people and three associated neighborhoods, Spencer is the 211th largest community in Indiana. Much of the housing stock in Spencer was built prior to World War II, making it one of the older and more historic towns in the country.

As is often the case in a small town, Spencer doesn't have a public transportation system that people use for their commute.

The percentage of adults in Spencer who are college-educated is close to the national average for all communities of 21.84%: 18.29% of the adults in Spencer have a bachelor's degree or advanced degree.

The per capita income in Spencer in 2022 was $31,716, which is middle income relative to Indiana and the nation. This equates to an annual income of $126,864 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, English, Irish, Scottish, and European.

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