Oklahoma · Census place 69200
Spencer city, OK
Quick answer
Spencer city has 3,942 residents, ranking #88 of 846 places in Oklahoma. Median household income is $57,550, the median home is worth $119,000 and median gross rent runs $940 a month.
- Population
- 3,942Spencer city residents
- Median household income
- $57,550Past 12 months, inflation adjusted
- Median home value
- $119,000Owner-occupied units
- Median gross rent
- $940Rent plus utilities, monthly
- Median age
- 40.5 yrsAll residents
- Homeownership rate
- 66.6%Owner-occupied households
What the numbers mean in Spencer city
Housing cost measured against local earnings.
A household earning the Spencer city median would spend about 19.6% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.2% of residents and 66.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Oklahoma.
- Broken Bow city 4,215
- Slaughterville town 4,214
- Madill city 3,966
- Nichols Hills city 3,838
- Fort Gibson town 3,805
- Stilwell city 3,740
- Elgin city 3,560
Keep going
More Oklahoma coverage.