Spencer is a very small town located in the state of Indiana. With a population of 2,500 people and three associated neighborhoods, Spencer is the 211th largest community in Indiana. Spencer has an unusually large stock of pre-World War II architecture, making it one of the older and more historic towns.

One of the benefits of Spencer is that there is very little traffic. The average commute to work is 18.79 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.

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%: 20.97% of the adults in Spencer have a bachelor's degree or advanced degree.

The per capita income in Spencer in 2022 was $30,884, which is middle income relative to Indiana, and lower middle income relative to the rest of the US. This equates to an annual income of $123,536 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 English, German, Irish, Scottish, and French.

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