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Spencer County, IN&

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Population
20,777
0.38% decline
Median Age
42.8
Median Household Income
$54,870
0.68% decline
Poverty Rate
9.9%
Number of Employees
9,967
0.92% decline
Median Property Value
$118,300
1.89% growth

Economy

The economy of Spencer County, IN employs 9,967 people. The economy of Spencer County, IN is specialized in Utilities; Mining, Quarrying, Oil, Gas Extraction; and Agriculture, Forestry, Fishing, Hunting, which employ respectively 3.04; 2.55; and 2.38 times more people than what would be expected in a location of this size. The largest industries in Spencer County, IN are Manufacturing (2,356), Healthcare & Social Assistance (1,152), and Construction (942), and the highest paying industries are Utilities ($71,442), Mining, Quarrying, Oil, Gas Extraction ($62,120), and Transportation & Warehousing ($33,375).

Median household income in Spencer County, IN is $54,870. Males in Spencer County, IN have an average income that is 1.31 times higher than the average income of females, which is $37,076. The income inequality of Spencer County, IN (measured using the Gini index) is 0.415 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Spencer County, IN. In Spencer County, IN the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 29 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,910. Lake County, IN has the highest prevalence of homicides of any county in Indiana.

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Diversity

Spencer County, IN is home to a population of 20,777 people, from which 99% are citizens. The ethnic composition of the population of Spencer County, IN is composed of 19,795 White residents (95.3%), 575 Hispanic residents (2.77%), 179 Two+ residents (0.86%), 132 Black residents (0.64%), and 48 Native residents (0.23%). The most common foreign languages in Spencer County, IN are Spanish (488 speakers), German (183 speakers), and French (21 speakers), but compared to other places, Spencer County, IN has a relative high number of German (183 speakers), Hungarian (12 speakers), and Other Pacific Island (10 speakers).

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Education

In 2015 universities in Spencer County, IN awarded 62 degrees. The student population of Spencer County, IN is skewed away from females, with 48 male students and 14 female students. Most students in Spencer County, IN are White (54 and 87.1%), followed by Hispanic or Latino (2 and 3.23%), Two or more races (0 and N/A), and American Indian (0 and N/A). The largest universities in Spencer County, IN by number of graduates are Saint Meinrad School of Theology (62 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Spencer County, IN are Theological Studies (27 and 43.5%), Divinity & Ministry (21 and 33.9%), and Philosophy (13 and 21%). The median tuition costs in Spencer County, IN are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Spencer County, IN is $118,300, which is 0.58 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $116,100 to $118,300, a 1.89% increase. The homeownership rate of Spencer County, IN is 81.7%, which is higher than the national average of 63.6%. People in Spencer County, IN have an average commute time of 26.5 minutes, and they commute by Drove Alone. Car ownership in Spencer County, IN is approximately the same as the national average, with an average of 2 cars per household.

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Indiana
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