Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.1 yrs |
|---|---|
| Avg HH Size | 3.37 |
| College Grads | 75.0% ▲ 94% above avg |
| No HS Diploma | 14 (6%) |
| HS Graduate | 5 (2.2%) |
| Some College | 19 (8.2%) |
| Associates | 20 (8.6%) |
| Bachelors | 51 (22%) |
| Graduate Degree | 123 (53%) |
Education
Home Value Distribution
Financials
| Median HH Income | $109,554 ▲ 44% above avg |
|---|---|
| Median Home Value | $564,800 ▲ 103% above avg |
| Home/Income Ratio | 5.2x (nat avg ~3.5x) |
| Total Housing Units | 114 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Spencerville is a city in Maryland, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 384 residents. It is a middle-aged city, with a median age of 40.1 years.
Economically, Spencerville is a upper-middle-income community. The median household income of $109,554 is above the national average.
The real estate market in Spencerville is a premium housing market. Median home values stand at $564,800, which is more than double the national average. Homeownership is high at 100.0%, typical of suburban and family-oriented communities.
The population of Spencerville is highly educated. 75.0% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (63.54%).
Spencerville, MD offers residents above-average earning potential within Maryland.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 20868 | 384 | $109,554 | $564,800 | — | 0.0% | 75.0% | 100.0% |