Spencer County, Indiana

The median household income in Spencer County, Indiana is $70,890, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.

The per capita income in Spencer County is $36,718, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $70,890.

Spencer County's median household income of $70,890 is higher than the Indiana state average of $68,681. The per capita income is $36,718, compared to the state average of $34,773.

The per capita income in Spencer County, Indiana is $36,718, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.

Spencer County's median household income of $70,890 is higher than the Indiana average of $68,681. This difference of $2,209 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.

Spencer County ranks #31 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $70,890 and per capita income of $36,718, it falls in the top third of counties statewide.