Income & Economy in Spencerville, MD

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

N/A

Per Capita Income

$44,950

+21% vs national

Poverty Rate

20.1%

+48% vs national

Gini Index

0.4071

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

5.0%

of households

How Spencerville Compares

Source: Census ACS (2023)
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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Spencerville.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
15.6%
$25-50K
15.3%
$50-75K
0.7%
$75-100K
10.5%
$100-150K
11.0%
$150-200K
12.1%
$200K+
34.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs MD avg

Labor Force

742

Employed

742

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

31.6%

of adults 25+

High School Diploma+

41.9%

of adults 25+

Median Age

42.4

Work from Home

34.8%

of workers

The median household income in Spencerville, MD is N/A. Per capita income is $44,950. The poverty rate of 20.1% is higher than the MD state average of 9.4%. The Gini index of income inequality is 0.4071, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 4.7%. 31.6% of adults hold a bachelor's degree or higher.