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Ohio · Census place 74034

Spencerville village, OH

Quick answer

Spencerville village has 2,120 residents, ranking #475 of 1265 places in Ohio. Median household income is $49,938, the median home is worth $141,700 and median gross rent runs $848 a month.

Population
2,120Spencerville village residents
Median household income
$49,938Past 12 months, inflation adjusted
Median home value
$141,700Owner-occupied units
Median gross rent
$848Rent plus utilities, monthly
Median age
35.3 yrsAll residents
Homeownership rate
63.8%Owner-occupied households

What the numbers mean in Spencerville village

Housing cost measured against local earnings.

A household earning the Spencerville village median would spend about 20.4% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.4% of residents and 63.8% 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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