Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.1 yrs |
|---|---|
| Avg HH Size | 2.43 |
| Below Poverty | 13.2% ▲ 32% above avg |
| College Grads | 38.8% ≈ Avg |
| Unemployment | 7.0% ▲ 42% above avg |
| No HS Diploma | 21 (0.7%) |
| HS Graduate | 1,151 (38.9%) |
| Some College | 240 (8.1%) |
| Associates | 397 (13.4%) |
| Bachelors | 304 (10.3%) |
| Graduate Degree | 844 (28.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,431 ▼ 18% below avg |
|---|---|
| Median Home Value | $191,800 ▼ 31% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $980/mo |
| Total Housing Units | 2,062 |
| Vacant Units | 213 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Spencer is a city in New York, located in Tioga County. The city spans 1 ZIP code and is home to approximately 4,525 residents. It is a relatively young city, with a median age of 37.1 years.
Economically, Spencer is a solidly middle-class community. The median household income of $62,431 is below the national average. Approximately 13.2% of residents live below the poverty line. The unemployment rate is 7.0%, above the national average.
The real estate market in Spencer is an affordable housing market. Median home values stand at $191,800, which is below the national average. Renters typically pay around $980 per month. Homeownership is high at 72.0%, typical of suburban and family-oriented communities.
The population of Spencer is moderately educated. 38.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.8%).
Spencer, NY offers residents a cost-conscious lifestyle within New York.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 14883 | 4,525 | $62,431 | $191,800 | $980 | 7.0% | 38.8% | 72.0% |