Nichols Hills vs Spencer

A side-by-side comparison of Nichols Hills and Spencer: population, income, housing, and more.

Nichols Hills and Spencer are places in Oklahoma. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Spencer has the higher population (3,942 vs 3,838 in Nichols Hills). Nichols Hills has the higher median household income ($203,750 vs $57,550 in Spencer). Nichols Hills has the higher median home value ($855,300 vs $119,000 in Spencer).

Population, income & housing

	Nichols Hills	Spencer
Population	3,838	3,942
Median age	44.2 yrs	40.5 yrs
Median household income	$203,750	$57,550
Median home value	$855,300	$119,000
Median gross rent	$1,444	$940
Housing units	1,689	1,853
Homeownership rate	94.9%	66.6%
Bachelor's degree or higher	73.8%	22.4%
Unemployment rate	0.3%	9.8%

Trends (ACS 5-year, 2019–2023)

	Nichols Hills	Spencer
Population	3,891 → 3,838 (-1.4%)	3,995 → 3,942 (-1.3%)
Median household income	$186,912 → $203,750 (+9.0%)	$40,000 → $57,550 (+43.9%)
Median home value	$799,900 → $855,300 (+6.9%)	$80,700 → $119,000 (+47.5%)
Median gross rent	$1,914 → $1,444 (-24.6%)	$761 → $940 (+23.5%)

Nichols Hills

Population

3,8913,838

Median household income

$186,912$203,750

Median home value

$799,900$855,300

Median gross rent

$1,914$1,444

Spencer

Population

3,9953,942

Median household income

$40,000$57,550

Median home value

$80,700$119,000

Median gross rent

$761$940

Age & race/ethnicity

Age distribution (share)

	Nichols Hills	Spencer
Under 5	5.4%	3.8%
5 to 17	23.8%	22.8%
18 to 24	1.5%	3.2%
25 to 34	3.3%	11.1%
35 to 44	16.9%	13.5%
45 to 54	11.3%	8.7%
55 to 64	18.1%	18.4%
65 to 74	11.0%	9.0%
75 and over	8.6%	9.4%

Race & ethnicity (share)

	Nichols Hills	Spencer
White (non-Hispanic)	86.6%	28.8%
Black or African American	0.0%	49.1%
American Indian & Alaska Native	1.1%	1.2%
Asian	1.7%	1.4%
Native Hawaiian & Pacific Islander	0.2%	0.0%
Some other race	0.0%	0.0%
Two or more races	6.8%	4.1%
Hispanic or Latino	3.6%	15.4%

Educational attainment (age 25+)

Share of adults 25+

	Nichols Hills	Spencer
No high school diploma	0.3%	9.0%
High school graduate	4.9%	34.8%
Some college or associate's	21.0%	33.9%
Bachelor's degree	40.9%	11.4%
Graduate or professional degree	32.9%	11.0%

Commute to work

How workers get to work (share)

	Nichols Hills	Spencer
Drove alone	85.1%	84.9%
Carpooled	3.2%	5.9%
Public transit	0.0%	0.0%
Walked	0.6%	0.9%
Bicycle	0.0%	0.0%
Worked from home	11.0%	6.1%
Other means	0.1%	2.2%

Housing

Units in structure (share)

	Nichols Hills	Spencer
1-unit, detached	95.2%	88.5%
1-unit, attached	1.2%	0.1%
2 to 4 units	2.3%	0.0%
5 to 19 units	1.1%	9.3%
20 or more units	0.2%	0.0%
Mobile home & other	0.0%	2.2%

Poverty & households

	Nichols Hills	Spencer
Poverty rate	5.3%	16.2%
Average household size	2.49	2.30
Mean commute (minutes)	14	26
Median year structure built	1959	1972