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Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Spencer County, Indiana?

$185,200/home 2.8%vs 2023 ($180,200)

County · Census ACS 5-Year estimates

The median home value in Spencer County, Indiana is $185,200 (±$10,399), based on Census ACS 5-Year estimates (2024). The median gross rent is $751/month, and the median household income is $74,506/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Median Home Value in Spencer County, Indiana and Neighbouring Counties

Hancock: $141,200Perry: $163,400Dubois: $230,100Daviess: $199,900Warrick: $242,500Spencer County: $185,200$141,200$163,400$230,100$199,900$242,500$185,200

Housing Metrics for Spencer County, Indiana

MetricValue
Median Home Value$185,200
Median Gross Rent$751
Median Household Income$74,506
Total Housing Units8,078
Renter-Occupied Units1,507
Renter-Occupied Share19%

How does Spencer County, Indiana compare?

Median home value ranked against all counties in Indiana.

Higher home value than 55% of counties in Indiana · 42th of 92

Cheapest: Randolph County($113,400)
Priciest: Hamilton County($405,500)
#CountyValue
1Hamilton County$405,500
2Boone County$376,200
3Hendricks County$307,600
… 38 more …
42Spencer County(you are here)$185,200
… 47 more …
90Randolph County$113,400
91Vermillion County$113,100
92Blackford County$107,500

Frequently asked questions

What is the median home value in Spencer County, Indiana?

The median home value in Spencer County, Indiana is $185,200, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent in Spencer County, Indiana?

The median gross rent in Spencer County, Indiana is $751/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in Spencer County, Indiana?

The median household income in Spencer County, Indiana is $74,506/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $185,200 has a margin of error of ±$10,399. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.