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.

  1. Overview - Life In Spencer
  2. Pros and Cons of Living In Spencer
  3. Crime In Spencer
  4. Cost of Living In Spencer
  5. Gender In Spencer
  6. Household Income For Spencer
  7. Education In Spencer
  8. Race & Ethnicity In Spencer
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.
Population
11038
Unemployment
5.7%
21% NAT AVG.
Poverty
12.3%
12% NAT AVG.
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
Gender
Gender Spencer Iowa Country
Female 52.5% 50.3% 50.8%
Male 47.5% 49.7% 49.2%
Gender

Household Income


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


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
Education
Race / Ethnicity


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