Spencerville, MD
Population 1,433 · Maryland
About Spencerville, MD
Spencerville is a small town located in Maryland with a population of 1,433 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 42.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Spencerville features a median home value of $626,100, which is 156% above the national median of $244,900. This places Spencerville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 520 total housing units, 90% are owner-occupied (395 units) and 10% are renter-occupied (42 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Spencerville shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 20.1%, above the national average of 12.4%. Workers in Spencerville have an average one-way commute time of 31.7 minutes.
Education & Demographics
43.2% of Spencerville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.0% White, 2.9% Hispanic or Latino, 0.0% Black or African American, and 24.6% Asian residents, with 34.5% of the population being foreign-born.
Cost of Living in Spencerville, MD
Compared to national averages, Spencerville has a median household income of $0 (100% below the national median of $75,149). Home values average $626,100, which is 156% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Maryland, Spencerville's income is 100% below the state average of $107,956, and home values are 56% above the state median of $402,447.
Why Live in Spencerville, MD?
Spencerville offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 43.2% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($0) that falls below the national average, and a competitive housing market where the typical home costs $626,100. However, Spencerville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spencerville has a population of 1,433 with a median age of 42.4 years. Compare Spencerville with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Spencerville
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairmount Heights | 1,429 | $92,321 | $335,200 | Compare |
| Charlotte Hall | 1,448 | $108,936 | $351,800 | Compare |
| Woodsboro | 1,394 | $115,583 | $438,100 | Compare |
| St. Michaels | 1,381 | $73,831 | $530,200 | Compare |
| Libertytown | 1,368 | $109,453 | $375,300 | Compare |
| Mechanicsville | 1,521 | $115,556 | $425,500 | Compare |
| New Windsor | 1,338 | $111,731 | $337,500 | Compare |
| Edmonston | 1,332 | $82,431 | $392,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Spencerville With Other Cities
Frequently Asked Questions about Spencerville
What is the population of Spencerville, MD?
The population of Spencerville, MD is 1,433 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Maryland.
What is the median household income in Spencerville?
The median household income in Spencerville, MD is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Spencerville?
The median home value in Spencerville, MD is $626,100, which is 156% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Spencerville?
The median monthly rent in Spencerville, MD is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Spencerville?
The unemployment rate in Spencerville, MD is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Spencerville, MD a good place to live?
Spencerville offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 1,433 and a median age of 42.4, the city appeals to a broad range of residents.
How educated is Spencerville, MD?
43.2% of residents in Spencerville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Spencerville?
Key cost-of-living indicators for Spencerville, MD: median home value is $626,100 (156% above national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Spencerville?
The poverty rate in Spencerville, MD is 20.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Spencerville, MD?
Spencerville's population is 1.0% White, 2.9% Hispanic or Latino, 0.0% Black or African American, 24.6% Asian, and 8.1% two or more races. 34.5% of residents are foreign-born.