Spencer, SD Employment - Median Household Income, Unemployment Rate

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C

3%

Income/capita NAT. AVG.

9%

Household income NAT. AVG.

100%

Unemployment NAT. AVG.

Index	Spencer	South Dakota	National
Income per capita	$30,792	$27,516	$29,829
Median household income	$50,313	$52,078	$55,322
Median income owner occupied	$56,250	$66,299	$70,586
Median income renter occupied	$0	$30,800	$35,192
Median earnings male	$55,000	$35,140	$36,919
Median earnings female	$26,875	$24,451	$26,250
Unemployment rate	0.0%	2.8%	4.7%
Poverty level	1.5%	14.0%	15.1%

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Key findings

The income per capita in Spencer is 3% higher than the national average
The median household income in Spencer is 9% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Spencer is 100% lower than the national average
The poverty level in Spencer is 90% lower than the national average

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am i middle class

$33,538 $50,313 $100,626

City

$34,715 $52,078 $104,156

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Spencer median earnings by income bracket

Spencer employment by industry

Labour Type	Male	Female
Construction industry	3.7%	3.7%
Manufacturing sector	33.3%	33.3%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	33.3%	33.3%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	14.8%	14.8%
Education, health & social services	0.0%	0.0%
Other	14.8%	14.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Emery, SD	510	$61,250	10.7%
Salem, SD	1,183	$57,039	3.1%
Alexandria, SD	766	$52,500	5.1%
Bridgewater, SD	322	$50,625	8.5%
Canistota, SD	663	$49,643	10.3%
Spencer, SD	132	$50,313	9.1%

Cities with similar population

City	Population	Household Income	National Avg.
Yellow Bluff, AL	132	$9,506	82.8%
Vallecito, CA	132	$44,375	19.8%
Otter Creek, FL	132	$50,250	9.2%
Blockton, IA	132	$42,083	23.9%
Geneva, IA	132	$58,750	6.2%
Spencer, SD	132	$50,313	9.1%

Source: The Spencer, SD employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).