Spencer, Iowa
Moving to or Living in Spencer Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Spencer, Iowa
Moving to Spencer In Iowa ? Find out the best and worst about to live, raise a family or retire in Spencer, the Pros and Cons of Living in Spencer.
Explore the life in Spencer based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Spencer, Iowa
Is Spencer, Iowa a good place to live?
Spencer is a city in Iowa state in USA with a population of 11038 residents..
The poverty rate of Spencer is 12.3%, which is 12% lower than national average.
The typical household in Spencer earns $45224 a year, compared to the national median of $67,500.
Nearly 53.2% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Spencer, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Spencer remained 5.7%, which is 21% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Spencer, only 25% of adults have a bachelor's degree and 38% have some college but no degree.
Cost of living in Spencer is 87, which is 13% lower than national average. Median home value in Spencer is $136400 , which is 41% lower than national average. While median income in Spencer remained $45224, which is 33% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Spencer, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Spencer remained 5.7%, which is 21% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Spencer, only 25% of adults have a bachelor's degree and 38% have some college but no degree.
Cost of living in Spencer is 87, which is 13% lower than national average. Median home value in Spencer is $136400 , which is 41% lower than national average. While median income in Spencer remained $45224, which is 33% lower than national average.
Population
11038
Unemployment
5.7%
Poverty
12.3%
Overall Score
8
Median Home
$136400
41%
NAT AVG.
Median Income
$45224
33%
NAT AVG.
Median Rent
$693
40%
NAT AVG.
Cost Of Living
87
13%
NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 18
People Earning < $10,000
1 in 16
People Earning < $50,000
53.2%
People with <= High School
1 in 2.7
People With Any Degree
1 in 2.8
Pros & Cons Overview
Jobs60%
Housing60%
Affordability80%
Safety70%
Amenities80%
Diversity50%
Education85%
Commute95%
Cost of Living
| Expense | Spencer | Iowa | National Avg. |
|---|---|---|---|
| Services | 96 | 95 | 100 |
| Groceries | 104 | 95 | 100 |
| Health | 121 | 102 | 100 |
| Housing | 67 | 74 | 100 |
| Transportation | 100 | 100 | 100 |
| Utilities | 98 | 99 | 100 |
Cost of Living
Spencer Iowa
Gender
| Gender | Spencer | Iowa | Country |
|---|---|---|---|
| Female | 52.5% | 50.3% | 50.8% |
| Male | 47.5% | 49.7% | 49.2% |
Gender
Female Male
Household Income
< $10000 $10K to $15K $15K to $25K $25K to $35K $35K to $50K $50K to $75K $75K to $100K $100K to $150K $150K to $200K $200K or more
| Income | Spencer | Iowa | Country |
|---|---|---|---|
| Less than $10,000 | 6.4% | 5.1% | 5.8% |
| $10,000 to $14,999 | 7.3% | 4% | 4.1% |
| $15,000 to $24,999 | 14.9% | 8.6% | 8.5% |
| $25,000 to $34,999 | 10.8% | 9.3% | 8.6% |
| $35,000 to $49,999 | 13.8% | 13.1% | 12.0% |
| $50,000 to $74,999 | 15.8% | 19.1% | 17.2% |
| $75,000 to $99,999 | 14.5% | 14.3% | 12.8% |
| $100,000 to $149,999 | 11% | 15.9% | 15.6% |
| $150,000 to $199,999 | 3.3% | 5.6% | 7.1% |
| $200,000 or more | 2.2% | 5% | 8.3% |
Education
< 9th Grade 9-12th Grade High School or GED Other College Associate Degree Bachelor Degree Masters Degree Professional Degree Doctorate Degree
| Education | Spencer | Iowa | Country |
|---|---|---|---|
| < 9th Grade | 0% | 1% | 5.0% |
| 9-12th Grade | 4% | 5% | 7.0% |
| High School or GED | 33% | 31% | 27.0% |
| Other College | 27% | 21% | 20.0% |
| Associate's Degree | 11% | 12% | 9% |
| Bachelor's Degree | 17% | 20% | 20.0% |
| Master's Degree | 4% | 7% | 9.0% |
| Professional Degree | 3% | 2% | 2.0% |
| Doctorate Degree | 1% | 1% | 1.0% |
Household Income
Spencer Iowa Country
Education
Spencer Iowa Country
Race / Ethnicity
White African American American Indian Asian Hispanic Hawaiian Mixed Other
| Ethnicity | Spencer | Iowa | Country |
|---|---|---|---|
| White | 91.9% | 85% | 60.1% |
| African American | 0.1% | 3.6% | 12.2% |
| American Indian | 0% | 0.3% | 0.6% |
| Asian | 1% | 2.5% | 5.6% |
| Hawaiian | 0% | 0.1% | 0.2% |
| Other | 0.3% | 0.1% | 0.3% |
| Multiracial | 2.6% | 2.2% | 2.8% |
| Hispanic | 4.1% | 6.2% | 18.2% |
Race / Ethnicity
Spencer Iowa Country