Groceries and convenience · County · Indiana
Grocery and convenience stores in Spencer County, IN
Competitor counts, household spending and official business counts for grocery and convenience stores in Spencer County, IN, set against other counties and the U.S.
Groundwork market score · out of 100
Score 63 out of 100: Upper middle
Ranked #658 of 2,402 scored counties
#45 of 86 scored counties in Indiana
- Listings
- 13
- 3 chain locations (23%)
- Official establishments
- 5
- Businesses with payroll, 2023
- Household spending a year
- $47.7M
- On groceries · $5,911 a household
- Spending per listing
- $3.7M
- 8% above the U.S.
- Listings per 10k households
- 16.1
- 14% below the U.S.
- Population, 2025
- 20,061
- +1.2% since 2020
See the grocery and convenience stores around any address in Spencer County
The site report maps the grocery and convenience stores 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
At $5,911 per household (6% below the U.S. average), households in Spencer County spend about $47.7M a year on groceries. Spread across 13 grocery and convenience stores, that is $3.7M per store, 8% above the U.S. figure of $3.4M.
There are 13 grocery and convenience stores on map listings in Spencer County as of September 2026. Chain locations make up 23% of them, against 42% across the U.S. That comes to 16.1 for every 10,000 households, 14% below the U.S. rate of 18.7.
In 2023, official counts showed 5 businesses with payroll in Spencer County classed as grocery and convenience stores. That is one for every 1,616 households, against one for every 1,293 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $100K has gone to businesses classed as grocery and convenience stores in Spencer County.
Population estimates put the population change in Spencer County from 2020 to 2025 at +1.2%, slower than the U.S. (+3.1%). The Groundwork market score for grocery and convenience stores in Spencer County is 63 (upper middle), #658 of 2,402 scored counties and #45 of 86 scored counties in Indiana.
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 groceries by the grocery and convenience stores 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 | 16.1 | 14.4 | 18.7 |
| Spending per listing | $3.7M | $4.1M | $3.4M |
| Households per official establishment | 1,616 | 2,162 | 1,293 |
| Official establishment growth, 2019–2023 | n/a | +5.6% | +7.2% |
| Population growth, 2020–2025 | +1.2% | +2.7% | +3.1% |
| Spending per household on groceries | $5,911 | $5,959 | $6,319 |
| Median household income | $74,506 | $71,957 | $80,734 |
| Groundwork market score | 63 | 70 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 5 → 5
- Employees, 2023
- 98
- Annual payroll, 2023
- $1.9M
- One-person businesses, 2023
- 0Businesses with no payroll
- Map listings, September 2026
- 133 chain locations
- Listings at the U.S. rate for this spending
- 14The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 1
- Amount
- $100K
SBA-backed loans to businesses classed as grocery and convenience stores 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 grocery and convenience stores 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 cardGrocery and convenience stores across Indiana
Every Indiana market ranked →The highest-scoring counties in Indiana for grocery and convenience stores, 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 | 98 | 119 | 8.7 | $8.2M | +10.9% | #1 of 2,402 |
| 2Hendricks County, IN | 97 | 46 | 6.9 | $9.7M | +10.2% | #4 of 2,402 |
| 3Hancock County, IN | 96 | 38 | 11.4 | $5.8M | +13.5% | #6 of 2,402 |
| 4Boone County, IN | 96 | 39 | 13.6 | $5.1M | +13.5% | #7 of 2,402 |
| 5Johnson County, IN | 94 | 63 | 10.1 | $6.4M | +7.4% | #17 of 2,402 |
| 6Warrick County, IN | 89 | 25 | 9.9 | $6.5M | +4.4% | #51 of 2,402 |
| 7Morgan County, IN | 87 | 40 | 14.1 | $4.4M | +4.4% | #79 of 2,402 |
| 8Clark County, IN | 86 | 75 | 14.6 | $4.1M | +7.5% | #95 of 2,402 |
| 9Putnam County, IN | 85 | 10 | 7.1 | $8.4M | +3.2% | #96 of 2,402 |
| 10Dearborn County, IN | 84 | 24 | 11.8 | $5.2M | +1.7% | #110 of 2,402 |
| 45Spencer County, IN | 63 | 13 | 16.1 | $3.7M | +1.2% | #658 of 2,402 |
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
- Grocery and convenience stores63
- Grocery stores51
- Convenience stores63
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
Questions
How many grocery and convenience stores are in Spencer County, IN?
As of September 2026, map listings count 13 grocery and convenience stores in Spencer County. 3 of them (23%) are chain locations. The listings count grocery, convenience and specialty food stores. Official counts show 5 businesses with payroll classed as grocery and convenience stores in 2023.
How much do households in Spencer County, IN spend on groceries?
About $47.7M a year, or $5,911 per household. That is 6% below the U.S. average (an index of 94, where 100 is the U.S. average). Spread across the 13 grocery and convenience stores on map listings, it comes to $3.7M per store. 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 grocery and convenience stores?
Spencer County has 16.1 grocery and convenience stores per 10,000 households, 14% below the U.S. rate of 18.7. Spending per store is $3.7M, 8% above the U.S. figure of $3.4M. At the U.S. ratio of grocery and convenience stores to household spending, Spencer County would have about 14, against 13 on map listings. There is one business with payroll in the industry for every 1,616 households, against one for every 1,293 across the U.S.
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 scores 63 for grocery and convenience stores (upper middle), #658 of 2,402 scored counties.
How can I see the market around a specific site?
Run a Groundwork site report on an address in Spencer County. It maps the grocery and convenience stores 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 grocery and convenience stores · 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.