Funeral services · County · Indiana
Funeral homes in Spencer County, IN
The funeral homes in Spencer County, IN, the household spending behind them and how the market ranks against other counties.
Groundwork market score
Not scored
The score needs at least 5 listings; this market has 3.
- Listings
- 3
- 0 chain locations (0%)
- Official establishments
- n/a
- Fewer than 3, or not published
- Household spending a year
- $1.2M
- On funerals · $151 a household
- Spending per listing
- $406K
- 40% below the U.S.
- Listings per 10k households
- 3.7
- 76% above the U.S.
- Population, 2025
- 20,061
- +1.2% since 2020
See the funeral homes around any address in Spencer County
The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Spencer County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
Households in Spencer County spend about $1.2M a year on funerals, or $151 per household, 6% above the U.S. average. That is about $406K of household spending for each home on map listings, 40% below the U.S. figure of $679K.
There are 3 funeral homes on map listings in Spencer County as of September 2026. Per 10,000 households, that is 3.7, 76% above the U.S. rate of 2.1.
Official counts don’t publish a figure for funeral homes and funeral services in Spencer County, since they leave out counts under 3.
Population estimates show Spencer County grew 1.2% from 2020 to 2025, slower than the U.S. (+3.1%). With 3 funeral homes on map listings, Spencer County isn’t given a market score: the score needs at least 5, since one listing more or less would swing it.
How Spencer County compares
The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.
| Measure | Spencer County | Indiana | U.S. |
|---|---|---|---|
| Listings per 10k households | 3.7 | 2.9 | 2.1 |
| Spending per listing | $406K | $473K | $679K |
| Households per official establishment | n/a | 5,706 | 8,510 |
| Official establishment growth, 2019–2023 | n/a | −4.6% | −1.7% |
| Population growth, 2020–2025 | +1.2% | +2.7% | +3.1% |
| Spending per household on funerals | $151 | $135 | $143 |
| Median household income | $74,506 | $71,957 | $80,734 |
| Groundwork market score | Not scored | 26 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- n/a
- Employees, 2023
- n/a
- Annual payroll, 2023
- n/a
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 30 chain locations
- Listings at the U.S. rate for this spending
- 2The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 0
- Amount
- $0
SBA-backed loans to businesses classed as funeral homes and funeral services in Spencer County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.
Population and households in Spencer County
- Population, 2025 estimate
- 20,061+1.2% since 2020
- Households
- 8,078
- Median age
- 44.2
- Homes lived in by their owners
- 81%
- Vehicles per household
- 2.3
- Land area
- 397 sq. mi.
- People per square mile
- 50
- Median household income
- $74,506+30.0% vs. 2015–2019, before inflation
- Average household income
- $88,201
- Median home value
- $185,200
- Jobs located here
- 6,578
- Daytime population
- 16,880Residents who don’t work, plus everyone whose job is here
Looking at a specific site in Spencer County?
These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.
Or open the report at the center of Spencer County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardFuneral homes across Indiana
Every Indiana market ranked →The highest-scoring counties in Indiana for funeral homes, numbered among those based in Indiana, with Spencer County marked.
Top counties in Indiana
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Hamilton County, IN | 75 | 15 | 1.1 | $1.1M | +10.9% | #137 of 1,472 |
| 2Hendricks County, IN | 69 | 12 | 1.8 | $750K | +10.2% | #261 of 1,472 |
| 3Monroe County, IN | 65 | 6 | 1.0 | $1.1M | +1.9% | #349 of 1,472 |
| 4Johnson County, IN | 62 | 15 | 2.4 | $579K | +7.4% | #445 of 1,472 |
| 5Warrick County, IN | 60 | 7 | 2.8 | $541K | +4.4% | #488 of 1,472 |
| 6Boone County, IN | 60 | 8 | 2.8 | $476K | +13.5% | #493 of 1,472 |
| 7Elkhart County, IN | 59 | 15 | 2.1 | $709K | +0.9% | #499 of 1,472 |
| 8Tippecanoe County, IN | 59 | 12 | 1.6 | $671K | +2.2% | #502 of 1,472 |
| 9Porter County, IN | 57 | 14 | 2.0 | $696K | +1.6% | #533 of 1,472 |
| 10Hancock County, IN | 57 | 9 | 2.7 | $499K | +13.5% | #543 of 1,472 |
| Spencer County, IN | Not scored | 3 | 3.7 | $406K | +1.2% |
Other business types in Spencer County
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
- Funeral homes
Questions
How many funeral homes are in Spencer County, IN?
As of September 2026, map listings count 3 funeral homes in Spencer County. The listings count funeral homes, mortuaries and cremation services. No official count is published for funeral homes and funeral services in Spencer County: counts under 3 are left out.
How much do households in Spencer County, IN spend on funerals?
About $1.2M a year, or $151 per household. That is 6% above the U.S. average (an index of 106, where 100 is the U.S. average). Spread across the 3 funeral homes on map listings, it comes to $406K per home. It is estimated from the incomes of the 8,078 households in Spencer County and national spending patterns by income.
How does Spencer County, IN compare with the U.S. for funeral homes?
Spencer County has 3.7 funeral homes per 10,000 households, 76% above the U.S. rate of 2.1. Spending per home is $406K, 40% below the U.S. figure of $679K. At the U.S. ratio of funeral homes to household spending, Spencer County would have about 2, against 3 on map listings.
How fast is Spencer County, IN growing?
Population estimates put Spencer County at 20,061 people in 2025, up 1.2% since 2020, slower than the U.S. (+3.1%). It has 8,078 households. The median household income in Spencer County is $74,506 a year, 8% below the U.S. median of $80,734. That rose 30.0% from the 2015–2019 survey, before inflation.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Spencer County has no market score for funeral homes: the score needs at least 5 on map listings, and it has 3.
How can I see the market around a specific site?
Run a Groundwork site report on an address in Spencer County. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
How the score works · Top markets for funeral homes · All 56 business types in Spencer County
Screening a site or an acquisition in Spencer County?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
The button opens the report at the center of Spencer County. Signed out, you see a blurred preview; on an account, each report is one action.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.