In 2022, Spencer, IA had a population of 16.4k people with a median age of 41.5 and a median household income of $61,756. Between 2021 and 2022 the population of Spencer, IA grew from 16,410 to 16,423, a 0.0792% increase and its median household income grew from $52,307 to $61,756, a 18.1% increase.
The 5 largest ethnic groups in Spencer, IA are White (Non-Hispanic) (92.2%), White (Hispanic) (2.43%), Two+ (Non-Hispanic) (2.12%), Two+ (Hispanic) (1.22%), and Black or African American (Non-Hispanic) (0.572%).
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.
99.5% of the residents in Spencer, IA are U.S. citizens.
In 2022, the median property value in Spencer, IA was $151,400, and the homeownership rate was 72.7%.
Most people in Spencer, IA drove alone to work, and the average commute time was 17.6 minutes. The average car ownership in Spencer, IA was 2 cars per household.
Spencer, IA borders Spirit Lake, IA and Storm Lake, IA.