Spencer
Spencer has lower-than-average household income, with a median household income of $67,188. Population has fallen 34% since 2000, a loss of 54 residents. 18% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $155,600. Poverty is rare here, at 2.9% of residents.
Population & growth
PEP 2025 EST:139 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
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Race & ethnicity
Education
Commute & transportation
Work & employment
People & community
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How many people live in Spencer, South Dakota?
Spencer, South Dakota has about 103 residents according to the 2024 American Community Survey.
What is the median household income in Spencer, South Dakota?
The typical household in Spencer, South Dakota earns about $67,188 a year. Half of households make more than that, and half make less.
Is Spencer, South Dakota expensive?
In Spencer, South Dakota, the median home is worth about $155,600, and the typical rent is about $440 a month.
How educated are people in Spencer, South Dakota?
About 18.1% of adults age 25 and over in Spencer, South Dakota hold a bachelor's degree or higher.
What is the poverty rate in Spencer, South Dakota?
About 2.9% of people in Spencer, South Dakota live below the federal poverty line.
Has Spencer, South Dakota grown since 1990?
Yes, Spencer, South Dakota has shrunk since 1990. The population has lost about 210 residents, a change of about -67 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024