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 Rate | 0.0% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.350 |
| Cost of Living Index | 88.6 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 68.0% |
| Public Transit | 0.0% |
| Work From Home | 6.0% |
Businesses
| Total Establishments | 106 |
| Restaurants | 4 |
| Healthcare | 4 |
| Retail | 10 |
| Manufacturing | 3 |
Tax
| IRS Avg AGI | $76,948 |
| Avg Property Tax | $3,700 |
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