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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
Change Over Time (2013–2023)
Population Change
-11.9%
438 → 386
over 10 years
Annual Pop. Growth
-1.26%
Compound annual growth rate
Median Income Change
+50.1%
$36,944 → $55,469
nominal, not inflation-adjusted
Annual Income Growth
+4.15%
Compound annual growth rate
Population Over Time
Total population for Spencer across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
353
-33 from 2023 (386)
Projected Median Income 2030
$73,734
+$18,265 from 2023 ($55,469)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 438 | — | $36,944 | — |
| 2015 | 435 | -0.7% | $36,319 | -1.7% |
| 2017 | 424 | -2.5% | $38,056 | +4.8% |
| 2019 | 410 | -3.3% | $41,705 | +9.6% |
| 2021 | 401 | -2.2% | $44,911 | +7.7% |
| 2023 | 386 | -3.7% | $55,469 | +23.5% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.