South Dakota · Census place 60060
Spencer city, SD
Quick answer
Spencer city has 126 residents, ranking #280 of 485 places in South Dakota. Median household income is $57,917, the median home is worth $137,500 and median gross rent runs $425 a month.
- Population
- 126Spencer city residents
- Median household income
- $57,917Past 12 months, inflation adjusted
- Median home value
- $137,500Owner-occupied units
- Median gross rent
- $425Rent plus utilities, monthly
- Median age
- 42.5 yrsAll residents
- Homeownership rate
- 78%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 8.8% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0% of residents and 78% 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 South Dakota.
- Dante town 130
- Whitehorse CDP 127
- Peever town 126
- Kenel CDP 124
- Central City city 122
- Conde city 122
- Fruitdale town 121
Keep going
More South Dakota coverage.