Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.7 yrs |
|---|---|
| Avg HH Size | 2.65 |
| College Grads | 34.6% ▼ 11% below avg |
| HS Graduate | 67 (35.6%) |
| Some College | 14 (7.4%) |
| Associates | 42 (22.3%) |
| Bachelors | 21 (11.2%) |
| Graduate Degree | 44 (23.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,625 ≈ Avg |
|---|---|
| Median Home Value | $199,200 ▼ 29% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $425/mo |
| Total Housing Units | 143 |
| Vacant Units | 23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Spencer is a city in South Dakota, located in McCook County. The city spans 1 ZIP code and is home to approximately 318 residents. It is a middle-aged city, with a median age of 41.7 years.
Economically, Spencer is a middle-income community. The median household income of $75,625 is near the national average.
The real estate market in Spencer is an affordable housing market. Median home values stand at $199,200, which is below the national average. Renters typically pay around $425 per month. Homeownership is high at 87.5%, typical of suburban and family-oriented communities.
The population of Spencer is moderately educated. 34.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.65%).
Spencer, SD offers residents a cost-conscious lifestyle within South Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 57374 | 318 | $75,625 | $199,200 | $425 | 0.0% | 34.6% | 87.5% |