At a Glance
Median Income
$55,250
$27,837 per capita
Home Value
$154,400
Zillow: $302,357
Median Rent
$832/mo
29.9% of income on rent
Violent Crime
394/100K
3,227/100K property
Bachelor's Degree+
10.8%
91.0% high school+
Unemployment
1.7%
6.0% poverty rate
Obesity Rate
36.2%
15.2% smoking rate
Avg Temperature
50°F
275 sunny days/yr
How Spencer Compares to the U.S. Average
Each bar shows Spencer's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Spencer a Good Place to Live?
B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Spencer residents earn a median household income of $55,250 , which is 26% below the national average of $75,149.
Per capita income is $27,837. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 6.0% of residents live below the poverty line. The area is home to 6,969 business establishments, including 542 restaurants.
Housing & Cost of Living
The median home value in Spencer is $154,400 , 45% below the national median of $281,900.
Zillow estimates the typical home at $302,357. Median rent is $832/month, with 29.9% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1941.
Safety & Crime
Spencer reports 394 violent crimes per 100,000 residents
, which is 4% above the national average of 380/100K.
Property crime is 3,227/100K.
Education
10.8% of adults in Spencer hold a bachelor's degree or higher
(68% below the national average).
91.0% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Spencer has an average annual temperature of 50°F (10°C).
Winters average 26°F in January while summers reach 73°F in July. The area gets 275 sunny days per year. Annual precipitation totals 40.0 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population603
Median Age35.9 yrs
Density609/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans7.9%
Economy
A
Median Income$55,250
Per Capita$27,837
Unemployment1.7%
Poverty6.0%
County GDP$15,029M
Avg Weekly Wage$1,072
Housing
A+
Home Value$154,400
Rent$832
Ownership78.3%
Zillow$302,357
Housing Units256
Rent Burden29.9%
Crime
F
Violent394/100K
Property3,227/100K
Health
Obesity36.2%
Diabetes9.5%
Smoking15.2%
Heart Disease5.3%
Premature Death9,275/100K
Climate
Avg Temp50°F
Sunny Days275/yr
Rain40.0 in/yr
AQI43 (Good)
Elevation919 ft
Education
D
Bachelor's+10.8%
High School+91.0%
Graduate+0.5%
School Score5.9/10
Community
2024 VoteR 52% / D 47%
Commute32 min
Broadband78.4%
Internet Speed136 Mbps
EV Stations6
Libraries16
Did You Know?
The median home in Spencer was built in 1941.
The nearest airport is Cleveland-Hopkins International (26 miles).
The Gini coefficient (income inequality) is 0.462 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
14.9% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 136 Mbps.
There are 542 restaurants in the area.
The county recorded 20 fatal vehicle crashes.
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