All Countries
Spencer, OH
Full City Profile · Ohio · Lorain County County
3.0
/5.0
B
Good
603
Population
609/sq mi density
$55,250
Median Income
$27,837 per capita
$154,400
Home Value
$302,357 Zillow
$832
Median Rent
29.9% income on rent
50°F
Avg Temperature
275 sunny days/yr
394
Violent Crime/100K
3,227 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$55,250 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$154,400 home value, $832/mo rent
F
Safety
1.0 / 5.0
394 violent crimes/100K (4% above avg)
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher
Income Overview
Median Household Income
$55,250
26% below
US avg: $75,149
Per Capita Income
$27,837
29% below
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
6.0%
52% 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
$55,250
74%
Per Capita
US: $39,052
$27,837
71%
IRS Avg AGI
US: $72,000
$73,723
102%
Avg Weekly Wage
US: $1,432
$1,072
75%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,072
25% below US avg ($1,432)
Mean Commute Time
32 min
14% above US avg (28 min)
Work From Home
4.2%
72% below US avg (15.2%)
Drive Alone
83.0%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$15,029M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83%
Public Transit
0%
Work From Home
4.2%
Other
12.8%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
6,969
Restaurants
542
Healthcare
693
Retail
775
Manufacturing
341
Tax & Financial
IRS Avg Adjusted Gross Income
$73,723
2% above US avg ($72,000)
Avg Property Tax
$6,154
76% above US avg ($3,500)
Cost of Living Index
92.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $55,250 |
| Per Capita Income | $27,837 |
| IRS Avg Adjusted Gross Income | $73,723 |
| Avg Weekly Wage | $1,072 |
| County GDP | $15,029M |
Hardship Indicators
| Unemployment Rate | 1.7% |
| Poverty Rate | 6.0% |
| Gini Coefficient | 0.462 |
| Cost of Living Index | 92.8 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 83.0% |
| Public Transit | 0.0% |
| Work From Home | 4.2% |
Businesses
| Total Establishments | 6,969 |
| Restaurants | 542 |
| Healthcare | 693 |
| Retail | 775 |
| Manufacturing | 341 |
Tax
| IRS Avg AGI | $73,723 |
| Avg Property Tax | $6,154 |