In 2022, Spencer, IA had a population of 11.4k people with a median age of 41.4 and a median household income of $57,175. Between 2021 and 2022 the population of Spencer, IA grew from 11,292 to 11,351, a 0.522% increase and its median household income grew from $45,313 to $57,175, a 26.2% increase.
The 5 largest ethnic groups in Spencer, IA are White (Non-Hispanic) (91.1%), Two+ (Non-Hispanic) (2.63%), White (Hispanic) (2.58%), Two+ (Hispanic) (1.57%), and Other (Hispanic) (0.617%).
None of the households in Spencer, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.3% of the residents in Spencer, IA are U.S. citizens.
In 2022, the median property value in Spencer, IA was $156,000, and the homeownership rate was 68.8%.
Most people in Spencer, IA drove alone to work, and the average commute time was 15.6 minutes. The average car ownership in Spencer, IA was 2 cars per household.