Spencer is located close to the center of New York. Spencer is between the Tioga, Chemung, Tompkins county. Spencer has 1.01 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Spencer population is 981, which has grown 34.20% since 2000. The population growth rate is much higher than the state average rate of 3.26% and is much higher than the national average rate of 11.61%. Spencer median household income is $39,702 in 2010-2014 and has grown by 20.47% since 2000. The income growth rate is much lower than the state average rate of 35.25% and is lower than the national average rate of 27.36%. Spencer median house value is $99,700 in 2010-2014 and has grown by 47.05% since 2000. The house value growth rate is much lower than the state average rate of 90.79% and is about the same as the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Spencer is worse than the state average in quality. The Spencer area code is 607.