Spencer is a city located in Clay County, Iowa. Spencer has a 2025 population of 11,549. It is also the county seat of Clay County. Spencer is currently growing at a rate of 0.43% annually and its population has increased by 2.18% since the most recent census, which recorded a population of 11,303 in 2020.
The average household income in Spencer is $78,039 with a poverty rate of 14.11%.The median age in Spencer is 41.3 years: 39.4 years for males, and 43 years for females.
Data after 2023 is projected based on recent change
The racial composition of Spencer includes 93.72% White, and smaller percentages for Black or African American, Native American, Asian, other race and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 10,678 | 93.72% |
Two or more races | 489 | 4.29% |
Black or African American | 78 | 0.68% |
Native American | 63 | 0.55% |
Asian | 47 | 0.41% |
Other race | 38 | 0.33% |
Married
Widowed
Divorced
Separated
Never Married
Spencer's average per capita income is $45,585. Household income levels show a median of $57,068. The poverty rate stands at 14.11%.
Name | Median | Mean |
---|---|---|
Married Families | $100,833 | - |
Families | $86,703 | $103,687 |
Households | $57,068 | $78,039 |
Non Families | $36,745 | $48,423 |
Average Income
Median Household Income
Poverty Rate