Spencer is a very small city located in the state of West Virginia. With a population of 1,998 people and three associated neighborhoods, Spencer is the 109th largest community in West Virginia.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.11% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Spencer is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

In Spencer, just 8.24% of people over 25 hold a college degree, which is very low compared to the rest of the nation, whereas the average among all cities is 21.84%.

The per capita income in Spencer in 2022 was $20,127, which is low income relative to West Virginia and the nation. This equates to an annual income of $80,508 for a family of four. However, Spencer contains both very wealthy and poor people as well. Spencer also has one of the higher rates of people living in poverty in the nation, with 40.12% of its population below the federal poverty line.

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 Irish, English, German, Scots-Irish, and French.

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