Groundwork

County profile · Indiana

Spencer County, IN market data

Population, household spending and competition for 56 business types in Spencer County, each scored against other counties.

Population, 2025
20,061
+1.2% since 2020
Households
8,078
Median household income
$74,506
+30.0% vs. 2015–2019, before inflation
Median home value
$185,200
Jobs located here
6,578
Highest market score
86
Auto repair shops, #42 of 2,378 scored counties

A site report maps the competitors on map listings around any address in Spencer County by name and distance, and the households and spending within reach. 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.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

An estimated 20,061 people live in Spencer County, in 8,078 households. Population estimates show Spencer County grew 1.2% from 2020 to 2025, slower than the U.S. (+3.1%). 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.

Set against the U.S., households in Spencer County spend the most on vehicle maintenance and repairs (an index of 137, where 100 is the U.S. average) and the least on child care and other personal services (60).

The highest Groundwork market scores in Spencer County are for auto repair shops (86), auto repair and car care businesses (83) and hair salons (74). Spencer County ranks #42 of 2,378 scored counties for auto repair shops.

For its number of households, Spencer County has the most map listings, relative to the U.S., for pizza places (2.5 times the U.S. rate) and the fewest for salons, barbers and spas (56% below the U.S. rate).

All 56 business types in Spencer County

Highest Groundwork market score first. Each score compares Spencer County with other counties for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Spencer County, IN, highest Groundwork market score first, with its rank among counties, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among countiesListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Auto repair shops86#42 of 2,3781417.3$756K1703
Auto repair and car care83#82 of 2,4012530.9$423K1588
Hair salons74#169 of 2,3391012.4$767K178Under 3
Dentists and orthodontists74#177 of 1,88667.4$1.8M1854
Salons, barbers and spas73#205 of 2,3851721.0$451K212Under 3
Doctors, dentists and clinics73#267 of 2,3943847.0$287K1888
Primary care and pediatrics71#244 of 1,65656.2$2.2M1234
Sit-down restaurants70#380 of 2,4053340.9$907K1379
Restaurants and cafes69#436 of 2,4056580.5$460K12422
Spas and skin care65#359 of 1,76956.2$1.5M175Under 3
Convenience stores63#651 of 2,26167.4$8M101Under 3
Grocery and convenience stores63#658 of 2,4021316.1$3.7M1085
Real estate59#595 of 2,22989.9Index only31510
Fast food and sandwich shops57#874 of 2,2221214.9$2.5M829
Coffee shops and cafes55#811 of 2,06378.7$4.3M1154
Real estate agents and brokers54#805 of 2,17667.4Index only33410
Grocery stores51#971 of 2,07056.2$9.5M1034
Collision repair and body shops47#740 of 1,32756.2$2.1M69Under 3
Pizza44#1,292 of 2,0901619.8$1.9M379
Gas stations44#1,436 of 2,3581619.8$1.7M7216
Pet businesses38#1,627 of 2,2001822.3$356K413
Insurance agencies29#1,844 of 2,2721721.0$982K7811
Child care and preschools26#1,405 of 1,61156.2$565K56Under 3
Pet grooming and boarding22#1,341 of 1,46178.7$916K36Under 3
Bakeries and dessert shopsNot scoredNot scored45.0$7.5M1814
ChiropractorsNot scoredNot scored45.0$2.7M114Under 3
Clothing and shoe storesNot scoredNot scored45.0$3.8M295Under 3
Clothing, shoes and laundryNot scoredNot scored45.0$3.8M426Under 3
Home repair tradesNot scoredNot scored45.0$5.2M21414
HVAC and plumbingNot scoredNot scored45.0$5.2M1095
Car washes and detailingNot scoredNot scored33.7$3.5M140Under 3
Funeral homesNot scoredNot scored33.7$406K60Under 3
Gyms, studios and classesNot scoredNot scored33.7$2.1M319Under 3
Lawn, cleaning and pest controlNot scoredNot scored33.7$3.2M18810
Tire shopsNot scoredNot scored33.7$3.5M141Under 3
VeterinariansNot scoredNot scored33.7$2.1M793
BarbershopsNot scoredNot scored22.5$3.8MToo fewUnder 3
Landscaping and lawn careNot scoredNot scored22.5$4.7MToo few6
Martial arts and dance studiosNot scoredNot scored22.5$3.2MToo fewUnder 3
Mortgage brokers and lendersNot scoredNot scored22.5Index onlyToo fewUnder 3
Optometrists and eye careNot scoredNot scored22.5$5.5MToo fewUnder 3
Pet storesNot scoredNot scored22.5$3.2MToo fewUnder 3
Physical therapyNot scoredNot scored22.5$5.5MToo fewUnder 3
GymsNot scoredNot scored11.2$6.3MToo fewUnder 3
House cleaningNot scoredNot scored11.2$9.5MToo few4
Dry cleanersNot scoredNot scored00.0None listedNone listedUnder 3
ElectriciansNot scoredNot scored00.0None listedNone listed6
Home inspectorsNot scoredNot scored00.0None listedNone listedUnder 3
LaundromatsNot scoredNot scored00.0None listedNone listedUnder 3
Nail salonsNot scoredNot scored00.0None listedNone listedUnder 3
Oil change and quick lubeNot scoredNot scored00.0None listedNone listedUnder 3
Pest controlNot scoredNot scored00.0None listedNone listedUnder 3
Property managementNot scoredNot scored00.0None listedNone listedUnder 3
Roofing and guttersNot scoredNot scored00.0None listedNone listed3
Urgent care and walk-in clinicsNot scoredNot scored00.0None listedNone listedUnder 3
Yoga, Pilates and fitness studiosNot scoredNot scored00.0None listedNone listedUnder 3

Household spending in Spencer County

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Spencer County, IN by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$10.6M$1,311137
Gasoline and other fuels$27.4M$3,387130
Food away from home$29.9M$3,70591
Groceries$47.7M$5,91194
Personal care products and services$7.7M$94994
Child care and other personal services$2.8M$35060
Memberships, classes and admissions$6.3M$78480
Medical and dental services$10.9M$1,351105
Pets$6.4M$79487
Clothing, shoes and related services$15M$1,85890
Vehicle insurance$16.7M$2,066106
Home repairs, maintenance and insurance$20.8M$2,57685
Lawn care, cleaning and other household services$9.5M$1,17483
Rent and homeowner costs$109.1M$13,50681

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

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 competitors on map listings by name and distance, for any of the 56 business types.

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.

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Questions

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. Against the 2015–2019 survey, median household income rose 30.0%, before inflation.

How much do households in Spencer County, IN spend?

Households in Spencer County spend about $109.1M a year on rent and homeowner costs, $47.7M on groceries and $29.9M on food away from home. Relative to the U.S., household spending in Spencer County runs highest on vehicle maintenance and repairs (an index of 137, where 100 is the U.S. average) and lowest on child care and other personal services (60).

Which business types have the highest market scores in Spencer County, IN?

Of the business types scored in Spencer County, auto repair shops (86), auto repair and car care businesses (83) and hair salons (74) have the highest Groundwork market scores. For auto repair shops, that ranks #42 of 2,378 scored counties.

How does Spencer County, IN compare with the U.S.?

Median household income in Spencer County is $74,506, 8% below the U.S. median of $80,734. The population rose 1.2% from 2020 to 2025, against +3.1% for the U.S. The median home value is $185,200, against $332,700 for the U.S. Against the U.S., map listings per household run highest for pizza places (2.5 times the U.S. rate) and lowest for salons, barbers and spas (56% below the U.S. rate).

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. 24 of the 56 business types have a score in Spencer County, each ranked against other 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 competitors 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.

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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.