Median Income
$57,917
23% lower than US avg
Home Value
$137,500
51% lower than US avg
Bachelor's+
17.2%
49% lower than US avg
Median Rent
$425
63% lower than US avg
Obesity Rate
35.5%
11% higher than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
0.0%
100% lower than US avg
How Spencer Compares to the U.S. Average (100% = U.S. avg)
People
Population126
Median Age42.5 yrs
Density467/mi²
Male / Female53% / 47%
Largest GroupWhite 94%
Veterans84.0%
Economy
A
Median Income$57,917
Per Capita$32,262
Unemployment0.0%
Poverty0.0%
County GDP$217M
Commute26 min
Housing
A+
Home Value$137,500
Rent$425
OwnershipN/A
Zillow$258,166
Health
Obesity35.5%
UninsuredN/A
Depression21.6%
Heart Disease5.1%
Climate
Avg Temp45°F
AQI35 (Good)
Rain25.3 in/yr
Elevation1,381 ft
Education
C
Bachelor's+17.2%
High School+93.1%
School Score5.45
Community
2024 VoteR 79% / D 20%
Commute26 min
Broadband52.0%
Is Spencer a Good Place to Live?
Based on current data, Spencer receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate. Areas to be aware of include below-average incomes. Spencer offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Spencer is $57,917, 23% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Spencer is $137,500, 51% below the national median — offering relatively affordable homeownership. Renters pay a median of $425 per month, below the national average — a plus for affordability. At just 2.4x median income, home prices are very affordable relative to local earnings.
Education
17.2% of residents hold a bachelor's degree, below the national average of 33.7%. 93.1% have completed high school. Area schools have an average test score of 5.4/10.
Climate & Weather
Spencer has a cool climate with an average annual temperature of 45°F. Winters average 16°F in January while summers reach 72°F in July. Annual precipitation totals 25.3 inches, including 36.3 inches of snow. Air quality is rated Good with a median AQI of 35.
Spencer has a population of 126 with a density of 467 people per square mile. The median age is 42.5 years, 9% older than the national median of 38.9. The city is predominantly White (94.4%), with 3.2% Hispanic.
Population
42.5yrs
Median Age
9% above US avg
Language Spoken at Home
| English Only | 96.2% |
| 23% above US avg |
| Spanish | 3.8% |
| 72% below US avg |
The median household income in Spencer is $57,917, which is 23% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 26 minutes.
Income
| Median HH Income | $57,917 |
| 23% below US avg |
| Per Capita Income | $32,262 |
| Avg Weekly Wage | $998 |
| IRS Avg AGI | $76,948 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 0.0% |
| 100% below US avg |
| Establishments (County) | 106 |
| County GDP | $217M |
Business (County)
| Restaurants | 4 |
| Healthcare | 4 |
| Retail | 10 |
| Manufacturing | 3 |
Tax & Cost of Living
| Property Tax (IRS) | $3,700 |
| 6% above US avg |
| Effective Tax Rate | 2.69% |
Commute & Transportation
| Commute Time | 25.5 min |
| Work from Home | 6.0% |
The median home value in Spencer is $137,500, 51% below the national average. Monthly rent averages $425 (63% below US avg). Zillow estimates the typical home value at $258,166.
Home Values
| Census Median | $137,500 |
| 51% below US avg |
| Zillow ZHVI | $258,166 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $425 |
| 63% below US avg |
HUD Fair Market Rent
| Studio | $691 |
| 1 Bedroom | $784 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,295 |
| 4 Bedrooms | $1,540 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $3,700 |
| 6% above US avg |
| Effective Rate | 2.69% |
In Spencer, 35.5% of adults are obese (above the 32.1% national rate). 21.6% report depression. 21.0% are physically inactive.
Health Metrics: Spencer vs U.S. Average (%)
Chronic Conditions
| Obesity | 35.5% |
| 11% above US avg |
| Diabetes | 8.6% |
| Heart Disease | 5.1% |
| High Blood Pressure | 27.4% |
| Asthma | 9.7% |
| COPD | 5.3% |
| Stroke | 2.7% |
Behaviors & Mental Health
| |
| Binge Drinking | 22.2% |
| Physical Inactivity | 21.0% |
| Depression | 21.6% |
| Mental Distress | 15.6% |
| Physical Distress | 11.0% |
Healthcare Access
| Insurance Rate | 91.1% |
| |
| Checkup Rate | 72.9% |
| Premature Death | 4,906/100K |
Food & Exercise
| Food Environment | 8.3/10 |
| Exercise Access | 29.0% |
| Healthcare Facilities | 4 |
Crime Rates: Spencer vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 2 |
Safety Score
Spencer has an average annual temperature of 45°F (7°C). Winters average 16°F in January while summers reach 72°F in July. Annual precipitation is 25.3 inches. Air quality is rated Good with a median AQI of 35.
Temperature
16°F Jan (-9°C)
72°F Jul (22°C)
| Annual Average | 45.0°F |
| 17% below US avg |
| January Average | 16°F (-9°C) |
| July Average | 72°F (22°C) |
Precipitation & Snow
| Annual Rainfall | 25.3 inches |
| 33% below US avg |
| Snowfall | 36.3 inches/yr |
Air Quality
| AQI Median | 35.0 |
| Rating | Good |
Geography
| Elevation | 1,381 ft (421 m) |
| Area | 0.3 sq mi (0.7 km²) |
| Population Density | 467/sq mi |
| Coordinates | 43.7275°N, 97.5911°W |
| County FIPS | 46061 |