Spencer employment information

Income per capita$28,837$27,621$28,555
Median household income$44,467$52,716$53,482
Median income owner occupied$56,402$64,199$68,142
Median income renter occupied$21,939$29,226$33,219
Median earnings male$34,375$36,237$36,116
Median earnings female$23,896$24,406$25,692
Unemployment rate2.9%3.7%5.8%
Poverty level11.5%12.6%15.6%

Did you know?

  • The income per capita in Spencer is 1% higher than the national average.
  • The median household income in Spencer is 17% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Spencer is 50% lower than the national average.
  • The poverty level in Spencer is 26% lower than the national average.

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Compare Spencer, IA Employment To Other Cities

Employment status

Hours worked per week

Spencer median earnings by income bracket

Spencer employment by industry

Labour TypeMaleFemale
Construction industry10.6%0.5%
Manufacturing sector22.0%4.5%
Financial & insurance services0.9%6.0%
Wholesale & retail services27.4%20.3%
Public administration2.4%0.8%
Transportation, warehousing & utilities6.0%1.6%
Education, health & social services6.6%43.2%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Fostoria, IA124$58,75010%
West Okoboji, IA332$54,4642%
Everly, IA530$52,3862%
Royal, IA540$46,78613%
Milford, IA2,955$46,42713%
Spencer, IA11,177$44,46717%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Cordele, GA11,177$22,14359%
Coshocton, OH11,179$35,14934%
Mountain Top, PA11,182$73,07837%
Garden Acres, CA11,172$38,94027%
Lyndon, KY11,167$50,5166%
Spencer, IA11,177$44,46717%
Source: The Spencer, IA employment data displayed above is derived from the United States Census Bureau.