All Countries
Spencer, NE
Full City Profile · Nebraska · Boyd County County
2.9
/5.0
C+
Fair
298
Population
497/sq mi density
$55,469
Median Income
$31,546 per capita
$85,800
Home Value
$182,292 Zillow
$683
Median Rent
33.3% income on rent
48°F
Avg Temperature
291 sunny days/yr
108
Violent Crime/100K
352 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$55,469 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$85,800 home value, $683/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
D
Education
1.7 / 5.0
8.4% bachelor's degree or higher
Income Overview
Median Household Income
$55,469
26% below
US avg: $75,149
Per Capita Income
$31,546
19% below
US avg: $39,052
Unemployment Rate
0.4%
89% below
US avg: 3.6%
Poverty Rate
5.2%
58% below
US avg: 12.4%
Income Comparison: Spencer vs. U.S. Average
Each bar shows Spencer’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$55,469
74%
Per Capita
US: $39,052
$31,546
81%
IRS Avg AGI
US: $72,000
$49,049
68%
Avg Weekly Wage
US: $1,432
$711
50%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$711
50% below US avg ($1,432)
Mean Commute Time
19 min
30% below US avg (28 min)
Work From Home
1.2%
92% below US avg (15.2%)
Drive Alone
74.4%
2% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$140M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
74.4%
Public Transit
0%
Work From Home
1.2%
Other
24.4%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
92
Restaurants
3
Healthcare
5
Retail
12
Manufacturing
5
Tax & Financial
IRS Avg Adjusted Gross Income
$49,049
32% below US avg ($72,000)
Cost of Living Index
90.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $55,469 |
| Per Capita Income | $31,546 |
| IRS Avg Adjusted Gross Income | $49,049 |
| Avg Weekly Wage | $711 |
| County GDP | $140M |
Hardship Indicators
| Unemployment Rate | 0.4% |
| Poverty Rate | 5.2% |
| Gini Coefficient | 0.425 |
| Cost of Living Index | 90.1 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 74.4% |
| Public Transit | 0.0% |
| Work From Home | 1.2% |
Businesses
| Total Establishments | 92 |
| Restaurants | 3 |
| Healthcare | 5 |
| Retail | 12 |
| Manufacturing | 5 |
Tax
| IRS Avg AGI | $49,049 |