Nebraska · Census place 46275
Spencer village, NE
Quick answer
Spencer village has 298 residents, ranking #285 of 593 places in Nebraska. Median household income is $55,469, the median home is worth $85,800 and median gross rent runs $683 a month.
- Population
- 298Spencer village residents
- Median household income
- $55,469Past 12 months, inflation adjusted
- Median home value
- $85,800Owner-occupied units
- Median gross rent
- $683Rent plus utilities, monthly
- Median age
- 59.3 yrsAll residents
- Homeownership rate
- 67.6%Owner-occupied households
What the numbers mean in Spencer village
Housing cost measured against local earnings.
A household earning the Spencer village median would spend about 14.8% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.1% of residents and 67.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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