Spencer, Nebraska, located in Boyd County, was established in 1887 and named after settler Alonzo Spencer. The town serves as the county seat and is home to the Boyd County Courthouse, a notable landmark built in 1921. As of the 2020 census, Spencer has a population of approximately 450 residents. The town's economy is primarily based on agriculture, with corn and soybeans being the main crops.
Dollar General takes the top spot among Dollar Stores and Deep Discount Stores in Spencer, Nebraska with 1 locations as of April 12, 2024.