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Spencer, SD

Full City Profile · South Dakota · Hanson County County

3.1 /5.0
B Good
126 Population 467/sq mi density
$57,917 Median Income $32,262 per capita
$137,500 Home Value $258,166 Zillow
$425 Median Rent 29.0% income on rent
45°F Avg Temperature 291 sunny days/yr
80 Violent Crime/100K 319 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$57,917 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$137,500 home value, $425/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
C
Education
2.4 / 5.0
17.2% bachelor's degree or higher

Income Overview

Median Household Income
$57,917
23% below
US avg: $75,149
Per Capita Income
$32,262
17% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% 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
$57,917
77%
Per Capita
US: $39,052
$32,262
83%
IRS Avg AGI
US: $72,000
$76,948
107%
Avg Weekly Wage
US: $1,432
$998
70%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$998
30% below US avg ($1,432)
Mean Commute Time
26 min
8% below US avg (28 min)
Work From Home
6.0%
61% below US avg (15.2%)
Drive Alone
68.0%
7% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$217M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 68%
Public Transit 0%
Work From Home 6%
Other 26%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
106
Restaurants
4
Healthcare
4
Retail
10
Manufacturing
3

Tax & Financial

IRS Avg Adjusted Gross Income
$76,948
7% above US avg ($72,000)
Avg Property Tax
$3,700
6% above US avg ($3,500)
Cost of Living Index
88.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$57,917
Per Capita Income$32,262
IRS Avg Adjusted Gross Income$76,948
Avg Weekly Wage$998
County GDP$217M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.350
Cost of Living Index88.6

Commute

Mean Commute26 minutes
Drive Alone68.0%
Public Transit0.0%
Work From Home6.0%

Businesses

Total Establishments106
Restaurants4
Healthcare4
Retail10
Manufacturing3

Tax

IRS Avg AGI$76,948
Avg Property Tax$3,700