Living in Spicer, Minnesota
Cost of living, income, home prices, rent and demographics of Spicer · Census data 2020–2024
Spicer has 1,222 residents with a median age of 46.4. The median household income is $77,969 (12% lower than the Minnesota median), the median home value is $294,700, the median rent is $859/month.
Spicer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Spicer at a glance
- Population
- 1,222
- Median age
- 46.4State: 38.8
- Median household income
- $77,969State: $89,062
- Median home value
- $294,700State: $329,300
- Median rent
- $859/moState: $1,280
- Homeowners
- 67.5%
- Bachelor's degree or higher
- 29.9%
- Average commute
- 16 min
Is Spicer a good place to live?
Pros: Home values 11% lower than the state median; an average commute of 16 minutes; unemployment of 1.3%; a poverty rate of 7.7%.
Cons: Median household income 12% lower than the Minnesota median.
The weather is best in June to September.
Cost of living in Spicer
Housing is the biggest part of the cost of living. In Spicer the median home value is $294,700, 11% lower than the U.S. median. Renters pay a median of $859 per month, which is 25.4% of household income. Homeowners with a mortgage pay $1,913 a month in housing costs.
Spicer median household income
The median household income in Spicer is $77,969 and the income per person is $48,005. 7.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Spicer: homes for sale and rent
- Housing units
- 686
- Owner-occupied
- 67.5%
- Renter-occupied
- 32.5%
- Vacant
- 19.7%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.17
Spicer demographics
- Population
- 1,222
- Median age
- 46.4
- Under 18
- 20.7%
- 65 and older
- 18.6%
- Households
- 551
- Foreign-born
- 2.5%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Spicer ›
Education in Spicer
29.9% of adults 25 and older in Spicer have a bachelor's degree or higher (Minnesota: 39.4%), and 12.3% have a graduate or professional degree.
Jobs and commute in Spicer
- Unemployment rate
- 1.3%State: 4.1%
- Average commute
- 16 minState: 23 min
- Work from home
- 3.8%
- Drive alone
- 84.6%
- Public transit
- 1.2%
- Walk to work
- 0.9%
- Homes with broadband
- 93.1%
Spicer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spicer | 1,222 | $77,969 | $294,700 | $859 |
| New London | 1,187 | $68,421 | $218,800 | $946 |
| Kandiyohi | 493 | $73,214 | $161,600 | $788 |
| Willmar | 21,378 | $62,280 | $198,400 | $910 |
| Atwater | 1,203 | $71,042 | $159,900 | $768 |
| Pennock | 549 | $72,031 | $153,900 | $1,042 |
| Grove City | 814 | $53,839 | $142,100 | $822 |
| Paynesville | 2,519 | $75,250 | $178,200 | $815 |
| Belgrade | 758 | $51,103 | $163,400 | $756 |
More for people moving to Spicer
Spicer ZIP code ›Weather and climate ›Living in Spicer: FAQ
What is the median household income in Spicer, MN?
The median household income in Spicer is $77,969, 12% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Spicer?
The median home value in Spicer is $294,700, compared with $329,300 in Minnesota.
How much is rent in Spicer?
The median gross rent in Spicer is $859 per month, about 25.4% of household income.
Is Spicer, MN a good place to live?
Pluses: home values 11% lower than the state median; an average commute of 16 minutes; unemployment of 1.3%; a poverty rate of 7.7%. Minuses: median household income 12% lower than the Minnesota median.
What is the median age in Spicer?
The median age in Spicer is 46.4 years (Minnesota: 38.8).
How long is the commute in Spicer?
The average commute to work in Spicer is 16 minutes; 3.8% of workers work from home.
What is the unemployment rate in Spicer?
The unemployment rate in Spicer is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spicer?
29.9% of adults in Spicer have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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