Spencer, IA Employment

D
2%
Income/capita NAT. AVG.
18%
Household income NAT. AVG.
23%
Unemployment NAT. AVG.
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IndexSpencerIowaNational
Income per capita$29,129$28,872$29,829
Median household income$45,224$54,570$55,322
Median income owner occupied$65,547$66,527$70,586
Median income renter occupied$23,295$30,828$35,192
Median earnings male$38,064$37,409$36,919
Median earnings female$27,538$25,115$26,250
Unemployment rate3.6%3.1%4.7%
Poverty level12.3%12.3%15.1%
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Key findings

  • The income per capita in Spencer is 2% lower than the national average
  • The median household income in Spencer is 18% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Spencer is 23% lower than the national average
  • The poverty level in Spencer is 18% lower than the national average

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      am i middle class

      $
      Input your household income
      $30,146 $45,224 $90,448
      City
      $36,376 $54,570 $109,140
      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 TypeMaleFemale
      Construction industry10.6%10.6%
      Manufacturing sector12.2%12.2%
      Financial & insurance services3.1%3.1%
      Wholesale & retail services24.2%24.2%
      Public administration2.0%2.0%
      Transportation, warehousing & utilities8.8%8.8%
      Education, health & social services18.5%18.5%
      Other17.7%17.7%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Fostoria, IA180$75,62536.7%
      West Okoboji, IA345$70,62527.7%
      Dickens, IA206$61,25010.7%
      Webb, IA181$57,8574.6%
      Milford, IA3,015$54,3751.7%
      Spencer, IA11,038$45,22418.3%

      Cities with similar population

      City Population Household Income National Avg.
      Franklin Lakes, NJ11,044$178,794223.2%
      Ontario, OR11,031$35,91735.1%
      Middle Island, NY11,030$75,54536.6%
      Munhall, PA11,049$42,36823.4%
      Holbrook, MA11,051$79,71844.1%
      Spencer, IA11,038$45,22418.3%
      Source: The Spencer, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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