Spencer

Population: 298
Median household income: $55,469
Median home value: $85,800

Spencer is a community in Boyd County, Nebraska, home to 298 residents. Its median household income of $55,469 runs below the Boyd County figure of $58,984.

Between 2019 and 2023, Spencer's population declined 19.0% from 368 to 298, while its median home value rose 12.9% from $76,000 to $85,800.

The median gross rent is $683. 8.4% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 298
Median age: 59.3 yrs
Median household income: $55,469
Median home value: $85,800
Median gross rent: $683
Housing units: 236
Homeownership rate: 67.6%
Bachelor's degree or higher: 8.4%
Unemployment rate: 0.6%

Trends

ACS 5-year · 2019–2023

Population

368298

Median household income

$41,705$55,469

Median home value

$76,000$85,800

Median gross rent

$558$683

Year	Population	Median household income	Median home value	Median gross rent
2019	368	$41,705	$76,000	$558
2020	345	$40,132	$77,600	$652
2021	294	$44,911	$77,400	$600
2022	316	$53,125	$85,000	$675
2023	298	$55,469	$85,800	$683

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.0%

5 to 1711.7%

18 to 2411.4%

25 to 343.7%

35 to 4411.4%

45 to 544.4%

55 to 6420.8%

65 to 7422.5%

75 and over13.1%

	Count	Share
Under 5	3	1.0%
5 to 17	35	11.7%
18 to 24	34	11.4%
25 to 34	11	3.7%
35 to 44	34	11.4%
45 to 54	13	4.4%
55 to 64	62	20.8%
65 to 74	67	22.5%
75 and over	39	13.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	284	95.3%
Black or African American	3	1.0%
American Indian & Alaska Native	2	0.7%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	4	1.3%
Two or more races	4	1.3%
Hispanic or Latino (any race)	1	0.3%

Educational attainment (age 25+)

No high school diploma5.3%

High school graduate35.0%

Some college or associate's51.3%

Bachelor's degree6.6%

Graduate or professional degree1.8%

	Count	Share
No high school diploma	12	5.3%
High school graduate	79	35.0%
Some college or associate's	116	51.3%
Bachelor's degree	15	6.6%
Graduate or professional degree	4	1.8%

Commute to work

Mean travel time to work: 19 min

Drove alone74.4%

Carpooled8.5%

Public transit0.0%

Walked15.9%

Bicycle0.0%

Worked from home1.2%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	122	74.4%
Carpooled	14	8.5%
Public transit	0	0.0%
Walked	26	15.9%
Bicycle	0	0.0%
Worked from home	2	1.2%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	118	72.8%
15 to 29 min	15	9.3%
30 to 44 min	12	7.4%
45 to 59 min	7	4.3%
60+ min	10	6.2%

Households

Average household size: 1.72
Poverty rate: 11.1% (33 of 298)

	Count	Share
Family households	77	44.5%
Nonfamily households	96	55.5%

Housing

Median year structure built: 1958

Occupancy

	Count	Share
Occupied	173	73.3%
Vacant	63	26.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	117	67.6%
Renter-occupied	56	32.4%

1-unit, detached97.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other3.0%

Units in structure

	Count	Share
1-unit, detached	229	97.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	7	3.0%

Geography

Place GEOID: 3146275
Type (LSAD): 47
Land area: 0.6 sq mi
Water area: 0 sq mi
Center point: 42.8756, -98.6999