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West Virginia · Census place 75820

Spencer city, WV

Quick answer

Spencer city has 2,137 residents, ranking #78 of 439 places in West Virginia. Median household income is $25,897, the median home is worth $108,700 and median gross rent runs $658 a month.

Population
2,137Spencer city residents
Median household income
$25,897Past 12 months, inflation adjusted
Median home value
$108,700Owner-occupied units
Median gross rent
$658Rent plus utilities, monthly
Median age
43.5 yrsAll residents
Homeownership rate
45.8%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 30.5% 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 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 41.5% of residents and 45.8% 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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