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Spencer County, KY&

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Population
17,798
1.26% growth
Median Age
40.6
Median Household Income
$65,700
4.29% growth
Poverty Rate
10.1%
Number of Employees
8,746
0.63% growth
Median Property Value
$186,100
5.2% growth

About the photo: Louisville KY Skyline at night from the Indiana side of the river.

Economy

The economy of Spencer County, KY employs 8,746 people. The economy of Spencer County, KY is specialized in Manufacturing; Transportation & Warehousing; and Construction, which employ respectively 1.94; 1.7; and 1.28 times more people than what would be expected in a location of this size. The largest industries in Spencer County, KY are Manufacturing (1,758), Healthcare & Social Assistance (1,325), and Retail trade (909), and the highest paying industries are Utilities ($80,284), Transportation & Warehousing ($48,006), and Finance & Insurance ($41,523).

Median household income in Spencer County, KY is $65,700. Males in Spencer County, KY have an average income that is 1.38 times higher than the average income of females, which is $45,144. The income inequality of Spencer County, KY (measured using the Gini index) is 0.453 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Spencer County, KY. In Spencer County, KY the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 57 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,292. Perry County, KY has the highest prevalence of homicides of any county in Kentucky.

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Insurance Coverage by Age and Gender

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Heart Disease and Pneumonia

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Diversity

Spencer County, KY is home to a population of 17,798 people, from which 99% are citizens. The ethnic composition of the population of Spencer County, KY is composed of 16,828 White residents (94.5%), 337 Hispanic residents (1.89%), 275 Black residents (1.55%), 269 Two+ residents (1.51%), and 78 Asian residents (0.44%). The most common foreign languages in Spencer County, KY are Spanish (160 speakers), German (120 speakers), and Greek (47 speakers), but compared to other places, Spencer County, KY has a relative high number of Greek (47 speakers), German (120 speakers), and Korean (42 speakers).

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Military

Veterans

Education

In 2015 universities in Louisville/Jefferson County, KY-IN Metro Area awarded 15,532 degrees. The student population of Louisville/Jefferson County, KY-IN Metro Area is skewed towards females, with 6,407 male students and 9,125 female students. Most students in Louisville/Jefferson County, KY-IN Metro Area are White (11,234 and 72.3%), followed by Black or African American (2,003 and 12.9%), Asian (566 and 3.64%), and Hispanic or Latino (463 and 2.98%). The largest universities in Louisville/Jefferson County, KY-IN Metro Area by number of graduates are University of Louisville (4,980 and 32.1%), Jefferson Community and Technical College (3,417 and 22%), and Sullivan University (1,564 and 10.1%). The most popular majors in Louisville/Jefferson County, KY-IN Metro Area are Registered Nursing (592 and 3.81%), General Psychology (398 and 2.56%), and Speech Communication & Rhetoric (323 and 2.08%). The median tuition costs in Louisville/Jefferson County, KY-IN Metro Area are $24,338 for private four year colleges, and $11,068 and $26,090 respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

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Housing & Living

The median property value in Spencer County, KY is $186,100, which is 0.91 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $176,900 to $186,100, a 5.2% increase. The homeownership rate of Spencer County, KY is 84.2%, which is higher than the national average of 63.6%. People in Spencer County, KY have an average commute time of 32 minutes, and they commute by Drove Alone. Car ownership in Spencer County, KY is approximately the same as the national average, with an average of 2 cars per household.

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United States
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Kentucky
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Louisville/Jefferson County, KY-IN Metro Area
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