Spencer, Massachusetts Population

Spencer, Massachusetts has a population of 11,900, with a median household income of $94,000.

Current population data for Spencer.

11,900

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Population

11,900

💰

Median Income

$94,000

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Unemployment

4.70%

🏠

Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

216.00 Mbps

Spencer is a small local community located in Massachusetts. The city has a population that is below the average city population in Massachusetts, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Spencer, located in Massachusetts, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Spencer has a population of 11,900, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Spencer is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Spencer is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Spencer is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Spencer are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Spencer shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Massachusetts, Spencer contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Spencer

What is the population of Spencer?

The population of Spencer is approximately 11,900.

Is Spencer a good place to live?

Spencer offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Spencer?

The median household income in Spencer is around $94,000.

How expensive is housing in Spencer?

The average housing price in Spencer is approximately $520,000.