Minnesota · Census place 61690
Spicer city, MN
Quick answer
Spicer city has 1,222 residents, ranking #328 of 914 places in Minnesota. Median household income is $76,406, the median home is worth $278,500 and median gross rent runs $825 a month.
- Population
- 1,222Spicer city residents
- Median household income
- $76,406Past 12 months, inflation adjusted
- Median home value
- $278,500Owner-occupied units
- Median gross rent
- $825Rent plus utilities, monthly
- Median age
- 44.5 yrsAll residents
- Homeownership rate
- 67.5%Owner-occupied households
What the numbers mean in Spicer city
Housing cost measured against local earnings.
A household earning the Spicer city median would spend about 13% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.9% of residents and 67.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Keewatin city 1,229
- Spring Grove city 1,223
- Truman city 1,223
- Bagley city 1,218
- Atwater city 1,217
- Taylors Falls city 1,208
- Edgerton city 1,207
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