City

Spencerville, IN

1 ZIP code  ·  DeKalb County  ·  Indiana

👥4,372Population
💰$97,250Median HH Income▲ 27% above avg
🎂25.9Median Age
🏠$233,600Median Home Value▼ 16% below avg
🎓49.2%College Grads▲ 27% above avg
📊5.3%Unemployment▲ 9% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.9% Female 51.1% ♀

Race & Ethnicity

White: 93.8%Hispanic: 3.5%Other: 2.7%Race
White93.8%
Hispanic3.5%
Other2.7%

Age Breakdown

Under 5
14%
5–17
26%
18–24
10%
25–44
24%
45–64
18%
65+
5%

Key Indicators

Median Age25.9 yrs
Avg HH Size3.66
Below Poverty1.9% ▼ 81% below avg
College Grads49.2% ▲ 27% above avg
Unemployment5.3% ▲ 9% above avg
HS Graduate459 (26%)
Some College196 (11.1%)
Associates242 (13.7%)
Bachelors283 (16%)
Graduate Degree586 (33.2%)

Education

HS Grad: 26%Some College: 11.1%Associates: 13.7%Bachelors: 16%Graduate: 33.2%Edu
HS Grad26.0%
Some College11.1%
Associates13.7%
Bachelors16.0%
Graduate33.2%
Housing & Income

Housing Tenure

Owner: 94.6%Renter: 5.4%Tenure
Owner94.6%
Renter5.4%

Home Value Distribution

Under $50k
14%
$50k–$100k
2%
$100k–$150k
13%
$150k–$200k
6%
$200k–$300k
32%
$300k–$500k
12%
Over $500k
22%

Financials

Median HH Income$97,250 ▲ 27% above avg
Median Home Value$233,600 ▼ 16% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$2,111/mo
Total Housing Units1,215
Vacant Units21

Income Distribution

Under $25k
5%
$25k–$50k
9%
$50k–$75k
17%
$75k–$100k
19%
$100k–$150k
28%
$150k–$200k
11%
Over $200k
10%
Employment & Commute

How People Get to Work

Drove Alone
95%
Work From Home
5%

Commute Time

Under 15 min
25%
15–30 min
41%
30–45 min
22%
Over 45 min
12%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
7%
1960s–1970s
13%
1980s–1990s
15%
2000+
63%
About Spencerville, IN

Spencerville is a city in Indiana, located in DeKalb County. The city spans 1 ZIP code and is home to approximately 4,372 residents. It is a young city, with a median age of 25.9 years.

Economically, Spencerville is a middle-income community. The median household income of $97,250 is above the national average. Approximately 1.9% of residents live below the poverty line. The unemployment rate is 5.3%, near the national average.

The real estate market in Spencerville is an affordable housing market. Median home values stand at $233,600, which is below the national average. Renters typically pay around $2,111 per month. Homeownership is high at 94.6%, typical of suburban and family-oriented communities.

The population of Spencerville is well-educated. 49.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.8%).

Spencerville, IN offers residents above-average earning potential within Indiana.

ZIP Codes in Spencerville
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
46788 4,372 $97,250 $233,600 $2,111 5.3% 49.2% 94.6%