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Demographics
Population
Median Income
Racial Distributions
The zip code 46788 in Spencerville, Indiana, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 3,584 and a median household income of $82,618. This rural community has maintained a predominantly white population over the past decade, with minimal representation from other racial groups.
From 2013 to 2022, Spencerville has consistently been categorized as "Low Diversity" and "White Majority". The white population has remained above 90% throughout this period, with only slight fluctuations. There are subtle indications of a gradual increase in diversity, with the Hispanic population increasing from 1% in 2013 to 5% in 2022, and the population of two or more races growing from 0% in 2013 to 3% in 2022.
The median household income has shown significant growth over the past decade, increasing from $67,208 in 2013 to $82,618 in 2022. This represents a 23% increase in median income over nine years, suggesting economic growth in the community. The population has remained relatively stable, growing from 3,482 in 2013 to 3,584 in 2022, a modest 2.9% increase.
Spencerville's demographic makeup contrasts with national trends. The United States has been moving towards greater diversity, with many urban and suburban areas now classified as "Majority-Minority" or "High Diversity". The stability of Spencerville's racial composition suggests it may be a more traditional, rural community that has not experienced the same level of demographic change as many other parts of the country.
The significant income growth indicates that the area has likely benefited from broader economic trends and may be an attractive location for its current residents. The slight increase in Hispanic and multiracial populations, while small, aligns with national trends of increasing diversity in rural areas, albeit at a much slower pace than in urban centers.
Spencerville remains a "Low Diversity" community with a strong "White Majority". There are subtle indications of potential demographic shifts. The area's economic growth suggests a stable and prosperous community, which may continue to attract a more diverse population in the coming years if current trends persist.