Spencer, IA
Quality of Life, Demographics, And Statistics

Demographics | Cost Of Living
Updated: 2023-10-17

Living In Spencer, Iowa Summary

Life in Spencer research summary. HomeSnacks has been researching the quality of life in Spencer over the past eight years using Census data, FBI crime data, cost of living data, and other primary sources. Based on the most recently available data, we found the following about life in Spencer:

  • The population in Spencer is 11,292.

  • The median home value in Spencer is $139,100.

  • The median income in Spencer is $45,313.

  • The cost of living in Spencer is 87 which is 0.9x lower than the national average.

  • The median rent in Spencer is $709.

  • The unemployment rate in Spencer is 5.6%.

  • The poverty rate in Spencer is 14.5%.

Spencer SnackAbility

8
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8
Diversity
5
Safety
7
Amenities
8
Education
8.5
Commute
9.5

Spencer, IA Cost Of Living

87
Spencer's Overall Cost Of Living
0.9x
Lower Than The National Average
Living Expense Spencer Iowa National Average
Overall 87 89 100
Services 96 95 100
Groceries 104 98 100
Health 121 99 100
Housing 67 73 100
Transportation 100 98 100
Utilities 98 94 100

Spencer, IA Photos

Rankings for Spencer in Iowa

Map Of Spencer, IA

Best Places Around Spencer

1

Worthington, MN
Population 13,782

2

Algona, IA
Population 5,407

3

Sheldon, IA
Population 5,475

4

Storm Lake, IA
Population 11,166

5

Estherville, IA
Population 5,904

6

Fairmont, MN
Population 10,465

7

Cherokee, IA
Population 5,141

Population over time in Spencer

Year Population % Change
2021 11,038 -0.5%
2020 11,092 -0.4%
2019 11,132 -0.4%
2018 11,172 -0.1%
2017 11,186 0.1%
2016 11,177 -0.1%
2015 11,188 -0.1%
2014 11,204 0.0%
2013 11,200 0.1%
2012 11,193 -

Race / Ethnicity in Spencer

White
91.2% (10,302)
African American
0.1% (13)
American Indian
0.2% (24)
Asian
0.7% (81)
Hawaiian
0.0% (0)
Other
0.3% (39)
Two Or More
2.7% (300)
Hispanic
4.7% (533)
Race Spencer IA USA
White 91.2% 84.4% 59.4%
African American 0.1% 3.7% 12.2%
American Indian 0.2% 0.2% 0.6%
Asian 0.7% 2.5% 5.6%
Hawaiian 0.0% 0.1% 0.2%
Other 0.3% 0.2% 0.4%
Two Or More 2.7% 2.6% 3.2%
Hispanic 4.7% 6.4% 18.4%

Gender in Spencer

Female
52.6% (5,934)
Male
47.4% (5,358)
Gender Spencer IA USA
Female 52.6% 50.0% 50.5%
Male 47.4% 50.0% 49.5%

Highest level of educational attainment in Spencer for adults over 25

< 9th Grade
1.0% (112)
9-12th Grade
4.0% (451)
High School / GED
34.0% (3,839)
Some College
24.0% (2,710)
Associate's Degree
13.0% (1,467)
Bachelor's Degree
17.0% (1,919)
Master's Degree
4.0% (451)
Professional Degree
3.0% (338)
Doctorate Degree
0.0% (0)
Education Spencer IA USA
< 9th Grade 1.0% 2.0% 5.0%
9-12th Grade 4.0% 4.0% 6.0%
High School / GED 34.0% 31.0% 26.0%
Some College 24.0% 21.0% 20.0%
Associate's Degree 13.0% 12.0% 9.0%
Bachelor's Degree 17.0% 20.0% 21.0%
Master's Degree 4.0% 7.0% 9.0%
Professional Degree 3.0% 2.0% 2.0%
Doctorate Degree 0.0% 1.0% 2.0%

Household Income For Spencer, Iowa

Less than $10,000
3.7% (41,555)
$10,000 to $14,999
7.1% (80,191)
$15,000 to $24,999
15.4% (174,085)
$25,000 to $34,999
12.6% (142,413)
$35,000 to $49,999
14.1% (159,485)
$50,000 to $74,999
15.5% (174,759)
$75,000 to $99,999
11.8% (132,754)
$100,000 to $149,999
13.6% (154,094)
$150,000 to $199,999
3.2% (36,164)
$200,000 or more
3.0% (33,694)
Income Spencer IA USA
Less than $10,000 3.7% 4.7% 5.5%
$10,000 to $14,999 7.1% 3.8% 3.9%
$15,000 to $24,999 15.4% 8.2% 7.8%
$25,000 to $34,999 12.6% 8.6% 8.2%
$35,000 to $49,999 14.1% 12.6% 11.4%
$50,000 to $74,999 15.5% 18.8% 16.8%
$75,000 to $99,999 11.8% 14.2% 12.8%
$100,000 to $149,999 13.6% 17.0% 16.3%
$150,000 to $199,999 3.2% 6.4% 7.8%
$200,000 or more 3.0% 5.8% 9.5%

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