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Wisconsin · Census place 75400

Spencer village, WI

Quick answer

Spencer village has 1,621 residents, ranking #301 of 807 places in Wisconsin. Median household income is $74,245, the median home is worth $143,000 and median gross rent runs $550 a month.

Population
1,621Spencer village residents
Median household income
$74,245Past 12 months, inflation adjusted
Median home value
$143,000Owner-occupied units
Median gross rent
$550Rent plus utilities, monthly
Median age
37.5 yrsAll residents
Homeownership rate
74.3%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 8.9% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.2% of residents and 74.3% 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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