All Countries
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
Housing Overview
Median Home Value
$137,500
51% below
US avg: $281,900
Median Rent
$425/mo
63% below
US avg: $1,163/mo
Homeownership Rate
78.0%
19% above US avg (65.4%)
Total Housing Units
66
Median year built: 1953
Home Value by Source
Census Median
$137,500
Zillow (ZHVI)
$258,166
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.0%
Owner-Occupied
22.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$425/mo
Affordability & Housing Stock
Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
78.0%
Complete Housing Data
Home Values
| Census Median Value | $137,500 |
| Zillow Home Value (ZHVI) | $258,166 |
Rent
| Census Median Rent | $425 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
Ownership & Stock
| Owner-Occupied | 78.0% |
| Renter-Occupied | 22.0% |
| Homeownership Rate | 78.0% |
| Total Housing Units | 66 |
| Median Year Built | 1953 |
| Rent Burden | 29.0% |