Spencer

Community Information

Population

Population	2000	2010	2022	2027
Spencer	11,359	11,233	11,288	11,208

Source: ESRI, 2022-06-10

Population by Age

Population	2010	2022	2027
0-4	759	687	685
5-9	694	665	657
10-14	698	682	696
15-19	691	613	642
20-24	589	613	555
25-29	699	707	642
30-34	683	668	683
35-39	629	680	658
40-44	607	612	643
45-49	772	618	633
50-54	804	649	604
55-59	783	729	639
60-64	612	774	673
65-69	476	706	751
70-74	437	597	652
75-79	387	452	534
80-84	404	338	373
85+	509	496	489
18+	8,655	8,872	8,766
Median Age	41	43	43

Source: ESRI, 2022-06-10

Population by Race

Spencer	2022
Total	11,288.000
White Alone	93.360
Black Alone	1.330
American Indian Alone	0.350
Asian Alone	1.050
Pacific Islander Alone	0.010
Some Other Race	2.140
Two or More Races	1.750
Hispanic Origin	5.420
Diversity Index	21.800

Source: ESRI, 2022-06-10

Growth Rate

Spencer	2010 - 2014	2014 - 2019
Population	0%	0%
Households	0%	0%
Families	0%	0%
Median Household Income	%	1%
Per Capita Income	%	2%

Source: ESRI, 2022-06-10

Housing

Households

Population	2000	2010	2022	2027
Households	4,860	5,019	5,097	5,072
Housing Units	5,157	5,432	5,685	5,779
Owner Occupied Units			3,245	3,240
Renter Occupied Units			1,852	1,833
Vacant Units			588	707

Source: ESRI, 2022-06-10

Home Value

Spencer	2022	2027
Median Home Value	$144,121	$157,176
Average Home Value	$157,599	$167,606
<$50,000	124	94
$50,000 - $99,999	710	548
$100,000 - $149,999	893	837
$150,000 - $199,999	830	979
$200,000 - $249,999	340	386
$250,000 - $299,999	132	166
$300,000 - $399,999	124	133
$400,000 - $499,999	86	89
$500,000 - $749,999	5	7
$1,000,000 +	0	0

Source: ESRI, 2022-06-10

Housing Year Built

Year Range	Houses Built
2010 or Later	173
2000-2009	327
1990-1999	420
1980-1989	609
1970-1979	935
1960-1969	722
1950-1959	803
1940-1949	353
1939 or Before	1,238

Source: ESRI, 2022-06-10

Income

Spencer	2022	2027
Median Household	$49,023	$52,039
Average Household	$62,251	$67,278
Per Capita	$28,060	$30,389

Source: ESRI, 2022-06-10

Household Income Base

Spencer	2022
<$15,000	576
$15,000 - $24,999	738
$25,000 - $34,999	567
$35,000 - $49,999	702
$50,000 - $74,999	866
$75,000 - $99,999	647
$100,000 - $149,999	770
$150,000 - $199,999	160
$200,000+	71

Source: ESRI, 2022-06-10

Employees

Commute

Category	Commuters
Workers 16+	5,006
In-County Residents	4,137
Out-of-County Residents	839
Drive Alone	3,901
Carpooled	579
Public Transport	65
Work at Home	251
Less than 5 minutes	640
5-9 minutes	1,627
10-14 minutes	949
15-19 minutes	299
20-24 minutes	205
25-29 minutes	210
30-34 minutes	342
35-39 minutes	43
40-44 minutes	58
45-59 minutes	167
60-89 minutes	139
90+ minutes	76
Average Travel Time	15

Source: ESRI, 2022-06-10

Employees by NAICS

Category	Number
Total Employees	9,122
Agr/Forestry/Fish/Hunt	129
Mining	0
Utilities	40
Construction	468
Manufacturing	511
Wholesale Trade	430

Retail Trade	1,567
Motor Veh/Parts Dealers	179
Furn & Home Furnish Str	13
Electronics & Appl Store	70
Bldg Matl/Garden Equip	243
Food & Beverage Stores	397
Health/Pers Care Stores	72
Gasoline Stations	25
Clothing/Accessory Store	86
Sports/Hobby/Book/Music	91
General Merchandise Str	325
Misc Store Retailers	66
Nonstore Retailers	0

Transportation/Warehouse	197
Information	223

Finance & Insurance	291
Cntrl Bank/Crdt Intrmdtn	203
Sec/Cmdty Cntrct/Oth Inv	25
Insur/Funds/Trusts/Other	63

Real Estate/Rent/Leasing	101
Prof/Scientific/Tech Srv	519
Legal Services	65
Mgmt of Comp/Enterprises	41
Admin/Support/Waste Mgmt	230
Educational Services	449
HealthCare/Social Assist	2,326
Arts/Entertainment/Rec	92

Accommodation/Food Srvcs	528
Accommodation	65
Food Srv/Drinking Places	463

Other Srv excl Pub Admin	605
Auto Repair/Maintenance	95
Public Administration Emp	372

Source: ESRI, 2022-06-10

Educational Attainment (25+)

Spencer	2022
Some High School	296
Graduated High School	2,482
Associates Degree	801
Bachelor's Degree	1,357
Graduate Degree	555

Source: ESRI, 2022-06-10

Businesses

Businesses by NAICS

Category	Number
Total Businesses	748
Agr/Forestry/Fish/Hunt Bus	8
Mining Bus	0
Utilities Bus	1
Construction Bus	45
Manufacturing Bus	35
Wholesale Trade Bus	33

Retail Trade Bus	114
Motor Veh/Parts Dealers Bus	18
Furn & Home Furnish Str Bus	2
Electronics & Appl Store Bus	6
Bldg Matl/Garden Equip Bus	14
Food & Beverage Stores Bus	12
Health/Pers Care Stores Bus	12
Gasoline Stations Bus	4
Clothing/Accessory Store Bus	15
Sports/Hobby/Book/Music Bus	10
General Merchandise Str Bus	5
Misc Store Retailers Bus	13
Nonstore Retailers Bus	3

Transportation/Warehouse Bus	12
Information Bus	15

Finance & Insurance Bus	42
Cntrl Bank/Crdt Intrmdtn Bus	13
Sec/Cmdty Cntrct/Oth Inv Bus	10
Insur/Funds/Trusts/Other Bus	19

Real Estate/Rent/Leasing Bus	33
Prof/Scientific/Tech Srv Bus	50
Legal Services Bus	14
Mgmt of Comp/Enterprises Bus	4
Admin/Support/Waste Mgmt Bus	22
Educational Services Bus	12
HealthCare/Social Assist Bus	80
Arts/Entertainment/Rec Bus	11

Accommodation/Food Srvcs Bus	44
Accommodation Bus	8
Food Srv/Drinking Places Bus	36

Other Srv excl Pub Admin Bus	109
Auto Repair/Maintenance Bus	15
Public Administration Bus	54

Source: ESRI, 2022-06-10

Fast Facts About Iowa Lakes

Low cost of living and affordable housing...

The cost of living and housing prices in the Iowa Lakes Corridor are below the US averages.

Affordability-new

Highway improvements...

Safe and efficient highways are throughout the region for commercial, resident and tourist traffic. Recently improved roads include Iowa 86 and 9, and US 20 and 71.

Highway 86-new

Employment Opportunity

The Corridor offers career opportunities in the key industries of agriculture, manufacturing, wholesale and retail trade, and health services.

Employment-new

Community Information

Fast Facts About Iowa Lakes

Low cost of living and affordable housing...

Highway improvements...

Employment Opportunity

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