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The total population of Spencer town is estimated to be 1,599 with 842 males (52.66%) and 757 females (47.34%). There are 85 less females than males in Spencer town.
The median household income in Spencer town was $96,290 in 2021, which marked an an increase of 2,060(2.19%) from $94,230 in 2020. This income is 129.06% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Spencer town sees its highest median household income among householders in the age group of 45 to 64 years old, at $112,531. Overall, the median household income for the town of Spencer town stands at $96,290.
In Spencer town, the median income for all workers aged 15 years and older, regardless of work hours, was $47,577 for males and $33,148 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,871 for males and $46,178 for females.
In Spencer town, population is primarily represented by White households, reporting a median income of $96,455.
In 2022, the population of Spencer town was 1,586, a 0.32% increase year-by-year from 2021. Previously, in 2021, Spencer town's population was 1,581, a decline of 0.19% compared to a population of 1,584 in 2020.
The median age in Spencer Town, Wisconsin is 40.2, as per 2021 ACS 5-Year Estimates. Of the total population, 17.94% were under the age of 15, 21.61% aged 15 to 29, 47.96% aged 30 to 64, 10.89% aged 65 to 84, and 1.60% were 85 years of age and older.
Racial distribution of Spencer town population: 91.95% are White, 0.30% are Black or African American, 2.61% are Asian, 2.13% are some other race and 3.02% are multiracial.