The median household income in Spencer, MA in 2022 was $57,390, which was 64.6% less than the median annual income of $94,488 across the entire state of Massachusetts. Compared to the median income of $35,206 in 2000 this represents an increase of 38.7%. The per capita income in 2022 was $36,470, which means an increase of 48.0% compared to 2000 when it was $18,975.
Whole page based on the data from 2000 / 2022 when the population of Spencer, Massachusetts was 6,032 / 5,663
Income statistics for all residents
Median household income in Spencer, MA in 2022:
Spencer:
$57,390
Massachusetts:
$94,488
Change in median household income between 2000 and 2022:
Spencer, Massachusetts:
+63.0%
State:
+87.1%
Number of households with income < $10k:
Spencer:
3.5% (96)
State:
5.2% (146,170)
Number of households with income $10k - 20k:
Spencer:
17.6% (483)
State:
6.4% (180,001)
Number of households with income $20k - 30k:
Spencer:
6.5% (179)
State:
5.6% (156,667)
Number of households with income $30k - 40k:
Spencer:
4.2% (115)
State:
5.6% (157,168)
Number of households with income $40k - 50k:
Spencer:
16.0% (439)
State:
5.4% (151,455)
Number of households with income $50k - 60k:
Spencer:
4.7% (128)
State:
5.1% (142,726)
Number of households with income $60k - 75k:
Spencer:
13.6% (372)
Massachusetts:
7.6% (212,203)
Number of households with income $75k - 100k:
Spencer:
11.0% (302)
Massachusetts:
11.3% (317,064)
Number of households with income $100k - 125k:
Spencer:
5.8% (160)
State:
9.7% (270,603)
Number of households with income $125k - 150k:
Spencer:
9.4% (258)
Massachusetts:
8.0% (223,140)
Number of households with income $150k - 200k:
Spencer:
1.1% (29)
State:
11.0% (308,695)
Number of households with income > $200k:
Spencer:
6.6% (182)
State:
19.0% (531,884)
Aggregate household income in Spencer in 2022: $201,975,592
Median family income in Spencer in 2022:
Spencer:
$76,120
State:
$120,263
Number of families with income $20k - 30k:
Spencer:
4.5% (61)
State:
3.9% (66,398)
Number of families with income $30k - 40k:
Spencer:
1.9% (26)
State:
4.5% (78,234)
Number of families with income $40k - 50k:
Spencer:
13.8% (188)
State:
4.5% (77,656)
Number of families with income $50k - 60k:
Spencer:
7.1% (97)
State:
4.5% (77,928)
Number of families with income $60k - 75k:
Spencer:
21.7% (296)
Massachusetts:
7.0% (120,295)
Number of families with income $75k - 100k:
Spencer:
10.4% (142)
State:
11.1% (192,172)
Number of families with income $100k - 125k:
Spencer:
7.8% (106)
Massachusetts:
10.6% (182,105)
Number of families with income $125k - 150k:
Spencer:
17.2% (234)
State:
9.3% (159,566)
Number of families with income $150k - 200k:
Spencer:
2.1% (28)
State:
13.4% (231,410)
Number of families with income > $200k:
Spencer:
13.4% (183)
Massachusetts:
25.4% (438,378)
Median non-family income in Spencer in 2022:
Spencer:
$25,031
Massachusetts:
$55,979
Change in median non-family income between 2000 and 2022:
Spencer, Massachusetts:
+16.6%
Massachusetts:
+88.0%
Median per capita income in Spencer in 2022:
Spencer:
$36,471
State:
$54,025
Change in median per capita income between 2000 and 2022:
Spencer, Massachusetts:
+92.2%
State:
+108.2%
Income statistics for White residents
Median household income in Spencer, MA in 2022:
Spencer:
$58,899
State:
$101,391
Change in median household income between 2000 and 2022:
Spencer, Massachusetts:
+66.6%
State:
+93.3%
Number of households with income < $10k:
Spencer:
3.7% (93)
State:
4.4% (91,120)
Number of households with income $10k - 20k:
Spencer:
17.9% (445)
State:
5.9% (122,055)
Number of households with income $20k - 30k:
Spencer:
7.2% (178)
State:
5.1% (105,311)
Number of households with income $30k - 40k:
Spencer:
4.2% (105)
State:
5.3% (110,239)
Number of households with income $40k - 50k:
Spencer:
14.0% (347)
State:
5.0% (104,636)
Number of households with income $50k - 60k:
Spencer:
4.6% (115)
State:
4.8% (99,486)
Number of households with income $60k - 75k:
Spencer:
14.1% (350)
State:
7.5% (155,124)
Number of households with income $75k - 100k:
Spencer:
11.6% (287)
Massachusetts:
11.4% (236,252)
Number of households with income $100k - 125k:
Spencer:
6.0% (148)
Massachusetts:
9.9% (204,731)
Number of households with income $125k - 150k:
Spencer:
10.1% (251)
Massachusetts:
8.5% (175,324)
Number of households with income $150k - 200k:
Spencer:
1.2% (29)
State:
11.7% (242,980)
Number of households with income > $200k:
Spencer:
5.5% (136)
Massachusetts:
20.5% (425,966)
Aggregate household income in Spencer in 2022: $177,229,005
Median family income in Spencer in 2022:
Spencer:
$78,417
State:
$133,153
Number of families with income $20k - 30k:
Spencer:
4.6% (57)
State:
2.6% (32,525)
Number of families with income $30k - 40k:
Spencer:
2.1% (26)
State:
3.9% (48,079)
Number of families with income $40k - 50k:
Spencer:
12.6% (154)
State:
3.8% (46,908)
Number of families with income $50k - 60k:
Spencer:
6.4% (78)
Massachusetts:
3.8% (46,476)
Number of families with income $60k - 75k:
Spencer:
23.0% (281)
State:
6.4% (79,040)
Number of families with income $75k - 100k:
Spencer:
11.0% (134)
State:
11.1% (137,395)
Number of families with income $100k - 125k:
Spencer:
8.6% (106)
State:
11.1% (136,771)
Number of families with income $125k - 150k:
Spencer:
18.2% (223)
State:
10.0% (123,709)
Number of families with income $150k - 200k:
Spencer:
2.2% (27)
State:
14.7% (181,602)
Number of families with income > $200k:
Spencer:
11.2% (136)
Massachusetts:
28.5% (351,887)
Median non-family income in Spencer in 2022:
Spencer:
$22,138
Massachusetts:
$59,323
Change in median non-family income between 2000 and 2022:
Spencer, Massachusetts:
+2.7%
State:
+94.3%
Median per capita income in Spencer in 2022:
Spencer:
$36,610
Massachusetts:
$60,804
Change in median per capita income between 2000 and 2022:
Spencer, Massachusetts:
+90.5%
State:
+118.7%
Income statistics for Black or African American residents
Number of households with income < $10k:
Spencer:
0.0% (0)
State:
9.1% (15,797)
Number of households with income $10k - 20k:
Spencer:
0.0% (0)
Massachusetts:
9.4% (16,267)
Number of households with income $20k - 30k:
Spencer:
0.0% (0)
State:
7.8% (13,520)
Number of households with income $30k - 40k:
Spencer:
0.0% (0)
State:
8.3% (14,412)
Number of households with income $40k - 50k:
Spencer:
100.0% (15)
State:
7.9% (13,790)
Number of households with income $50k - 60k:
Spencer:
0.0% (0)
State:
5.8% (10,041)
Number of households with income $60k - 75k:
Spencer:
0.0% (0)
State:
8.5% (14,822)
Number of households with income $75k - 100k:
Spencer:
0.0% (0)
State:
11.0% (19,122)
Number of households with income $100k - 125k:
Spencer:
0.0% (0)
State:
8.4% (14,575)
Number of households with income $125k - 150k:
Spencer:
0.0% (0)
State:
6.0% (10,429)
Number of households with income $150k - 200k:
Spencer:
0.0% (0)
State:
7.2% (12,539)
Number of households with income > $200k:
Spencer:
0.0% (0)
State:
10.5% (18,185)
Aggregate household income in Spencer in 2022: $1,753,870
Median per capita income in Spencer in 2022:
Spencer:
$27,868
State:
$33,524
Income statistics for Asian residents
Number of households with income < $10k:
Spencer:
0.0% (0)
Massachusetts:
6.8% (11,982)
Number of households with income $10k - 20k:
Spencer:
0.0% (0)
State:
4.8% (8,376)
Number of households with income $20k - 30k:
Spencer:
0.0% (0)
State:
3.7% (6,558)
Number of households with income $30k - 40k:
Spencer:
0.0% (0)
State:
3.3% (5,748)
Number of households with income $40k - 50k:
Spencer:
0.0% (0)
State:
4.1% (7,192)
Number of households with income $50k - 60k:
Spencer:
0.0% (0)
State:
5.0% (8,734)
Number of households with income $60k - 75k:
Spencer:
0.0% (0)
Massachusetts:
5.8% (10,203)
Number of households with income $75k - 100k:
Spencer:
0.0% (0)
Massachusetts:
8.6% (15,154)
Number of households with income $100k - 125k:
Spencer:
28.9% (11)
Massachusetts:
10.8% (18,942)
Number of households with income $125k - 150k:
Spencer:
0.0% (0)
Massachusetts:
8.0% (14,037)
Number of households with income $150k - 200k:
Spencer:
0.0% (0)
State:
12.5% (21,856)
Number of households with income > $200k:
Spencer:
71.1% (27)
Massachusetts:
26.6% (46,694)
Aggregate household income in Spencer in 2022: $20,797,461
Median per capita income in Spencer in 2022:
Spencer:
$106,586
State:
$58,900
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Spencer:
0.0% (0)
Massachusetts:
8.8% (25,307)
Number of households with income $10k - 20k:
Spencer:
0.0% (0)
Massachusetts:
10.0% (28,653)
Number of households with income $20k - 30k:
Spencer:
0.0% (0)
State:
8.8% (25,189)
Number of households with income $30k - 40k:
Spencer:
0.0% (0)
State:
7.2% (20,822)
Number of households with income $40k - 50k:
Spencer:
9.2% (14)
State:
7.2% (20,817)
Number of households with income $50k - 60k:
Spencer:
0.0% (0)
State:
6.5% (18,748)
Number of households with income $60k - 75k:
Spencer:
90.8% (139)
State:
8.8% (25,390)
Number of households with income $75k - 100k:
Spencer:
0.0% (0)
State:
12.0% (34,488)
Number of households with income $100k - 125k:
Spencer:
0.0% (0)
State:
8.6% (24,599)
Number of households with income $125k - 150k:
Spencer:
0.0% (0)
State:
6.2% (17,743)
Number of households with income $150k - 200k:
Spencer:
0.0% (0)
State:
7.3% (21,017)
Number of households with income > $200k:
Spencer:
0.0% (0)
State:
8.6% (24,606)
Aggregate household income in Spencer in 2022: $11,264,238
Median per capita income in Spencer in 2022:
Spencer:
$17,335
State:
$28,993
Change in median per capita income between 2000 and 2022:: -14.5%
Spencer, Massachusetts:
-14.5%
State:
+142.4%
Income statistics for Multirace residents
Number of households with income < $10k:
Spencer:
0.0% (0)
Massachusetts:
6.6% (15,127)
Number of households with income $10k - 20k:
Spencer:
0.0% (0)
State:
9.2% (21,158)
Number of households with income $20k - 30k:
Spencer:
0.0% (0)
Massachusetts:
7.8% (18,016)
Number of households with income $30k - 40k:
Spencer:
0.0% (0)
State:
7.9% (18,260)
Number of households with income $40k - 50k:
Spencer:
63.9% (39)
Massachusetts:
5.6% (13,027)
Number of households with income $50k - 60k:
Spencer:
0.0% (0)
Massachusetts:
5.6% (12,909)
Number of households with income $60k - 75k:
Spencer:
0.0% (0)
State:
9.0% (20,800)
Number of households with income $75k - 100k:
Spencer:
0.0% (0)
State:
12.1% (27,875)
Number of households with income $100k - 125k:
Spencer:
0.0% (0)
State:
8.1% (18,754)
Number of households with income $125k - 150k:
Spencer:
0.0% (0)
State:
6.8% (15,621)
Number of households with income $150k - 200k:
Spencer:
0.0% (0)
State:
9.4% (21,618)
Number of households with income > $200k:
Spencer:
36.1% (22)
State:
12.0% (27,592)
Aggregate household income in Spencer in 2022: $13,975,914
Median per capita income in Spencer in 2022:
Spencer:
$37,503
State:
$34,029
Income statistics for other residents
Aggregate household income in Spencer in 2022: $3,665,743
Median per capita income in Spencer in 2022:
Spencer:
$39,855
State:
$30,797
Change in median per capita income between 2000 and 2022:: -25.0%
Spencer, Massachusetts:
-25.0%
Massachusetts:
+188.5%
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-14.5%
+142.4%
