Hoosiers by the Numbers
Spencer County, IN
| Population | Education | Commuting | Labor Force | Industry | Income | Firm Size |
Population
A region's economy thrives or dives because of the people who choose to live there. That choice may occur by being born there and desiring to stay, or a more deliberate one of choosing to relocate from somewhere else. Monitoring change in the size and movement of population is an important barometer of well-being.
| Population Over Time | |||||
| 2000 | 2010 | 2018 | 2020 | 2024 | |
| Total Population | 20,385 | 20,955 | 20,385 | 19,811 | 20,192 |
| Change Since 2000 | 570 | 0 | -574 | -193 | |
| Pct. Change Since 2000 | 2.8% | 0.0% | -2.8% | -0.9% | |
Source: US Census Bureau
| Components of Population Change 2023 to 2024 | ||
| Number | ||
| Net Domestic Migration | 206 | |
| International Migration | 19 | |
| Natural Increase (births minus deaths) | -48 | |
| Births | 189 | |
| Deaths | 237 | |
Source: US Census Bureau
| Population Estimates by Age in 2024 | ||
| Number | Pct. Dist | |
| Preschool (0 to 4) | 1,028 | 5.1% |
| School Age (5 to 17) | 3,281 | 16.2% |
| College Age (18 to 24) | 1,491 | 7.4% |
| Young Adult (25 to 44) | 4,584 | 22.7% |
| Older Adult (45 to 64) | 5,421 | 26.8% |
| Older (65 plus) | 4,387 | 21.7% |
Source: US Census Bureau
| Population Estimates by Race and Hispanic Origin in 2024 | ||
| Number | Pct. Dist | |
| American Ind. or Alaskan Native Alone | 77 | 0.4% |
| Asian Alone | 101 | 0.5% |
| Black Alone | 234 | 1.2% |
| Native Hawaiian and Other Pac. Isl. Alone | 1 | 0.0% |
| White Alone | 19,502 | 96.6% |
| Two or More Race Groups | 277 | 1.4% |
| Hispanic or Latino | ||
| Non-Hispanic or Latino | 19,403 | 96.1% |
| Hispanic or Latino | 789 | 3.9% |
Source: US Census Bureau
| Households in 2023 | ||
| Number | Pct. Dist | |
| Total Households | 7,979 | 100.0% |
| Family Households | 5,426 | 68.0% |
| Married with Children | 1,498 | 18.8% |
| Married without Children | 3,037 | 38.1% |
| Single Parents | 410 | 5.1% |
| Other | 481 | 6.0% |
| Non-family Households | 2,553 | 32.0% |
| Living Alone | 2,157 | 27.0% |
| Average Household Size | 2.51 | |
| Average Family Household Size | 3.69 | |
Source: US Census Bureau, American Community Survey 5 Year Estimates
| Population Counts by Decade | |||
| Population | Numerical Chg. | Pct. Chg. | |
| 1950 | 16,174 | NA | NA |
| 1960 | 16,074 | -100 | -0.6% |
| 1970 | 17,134 | 1,060 | 6.6% |
| 1980 | 19,361 | 2,227 | 13.0% |
| 1990 | 19,490 | 129 | 0.7% |
| 2000 | 20,385 | 895 | 4.6% |
| 2010 | 20,955 | 570 | 2.8% |
| 2020 | 19,811 | -1,144 | -5.5% |
Source: U.S. Census Bureau
| Population Projections | |||||
| 2020 | 2025 | 2030 | 2035 | 2040 | |
| Population Projections | 19,835 | 20,000 | 19,631 | 19,119 | 18,542 |
| Change Since 2020 | 165 | -204 | -716 | -1,293 | |
| Pct. Change Since 2020 | 0.8% | -1.0% | -3.6% | -6.5% | |
Source: Indiana Business Research Center.
Note: 2020 data are U.S. Census Bureau population estimates (Vintage 2022).
Note: 2020 data are U.S. Census Bureau population estimates (Vintage 2022).
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