United States landmark

51301

Spencer, IA

Total Population
12,326
Median Household Income
$59,987
Median Home Value
$160,600
Median Rent
$739

Quick Facts & Insights

Key metrics and how they compare

Household Income
$59,987
100.3% above state median
Home Value
$160,600
100.7% above state median
Rent
$739
100% above state median
Median Age
41.5 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Spencer, IA 51301

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Spencer, IA

Median household income is 100% below state average, suggesting more affordable cost of living.

27.5% of adults hold bachelor's degrees or higher, comparable to national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$59,987
-20.2% vs US
vs State Median
+-100.3%
State: $-17,266,039
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.17 people

Total Households
5,541
Family Households
41.2%

Employment by Industry

Where residents work

#1 Industry
Education
25.5%
#2 Industry
Manufacturing
19.0%
#3 Industry
Finance
15.2%
Total Employed Residents:3,629

Commute Patterns

How residents get to work

Short Commute
12.9%
Under 10 minutes
Long Commute
1.5%
Over 60 minutes
Work From Home
4.0%
229 workers
Public Transit
1.3%
74 workers
Total Commuting Workers:5,693
Commute Insights

Labor Force Statistics

Employment Rate
95.2%
6,282 employed
Labor Force
6,600
318 unemployed
Median Age
41.5 years
Per Capita Income
$35,930
Poverty Rate
12.3%

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