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ZipNumbers

New York · Census place 70167

Spencer village, NY

Quick answer

Spencer village has 848 residents, ranking #902 of 1292 places in New York. Median household income is $50,682, the median home is worth $139,200 and median gross rent runs $1,034 a month.

Population
848Spencer village residents
Median household income
$50,682Past 12 months, inflation adjusted
Median home value
$139,200Owner-occupied units
Median gross rent
$1,034Rent plus utilities, monthly
Median age
34.5 yrsAll residents
Homeownership rate
62.6%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 24.5% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 31.7% of residents and 62.6% 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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