Living in Spencerville, Ohio
Cost of living, income, home prices, rent and demographics of Spencerville · Census data 2020–2024
Spencerville has 2,107 residents with a median age of 34.3. The median household income is $54,883 (23% lower than the Ohio median), the median home value is $137,100, the median rent is $932/month.
Spencerville at a glance
- Population
- 2,107
- Median age
- 34.3State: 39.7
- Median household income
- $54,883State: $71,389
- Median home value
- $137,100State: $214,800
- Median rent
- $932/moState: $1,034
- Homeowners
- 66.9%
- Bachelor's degree or higher
- 13.5%
- Average commute
- 23 min
Is Spencerville a good place to live?
Pros: Home values 36% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 23% lower than the Ohio median; unemployment of 8.3%; a poverty rate of 15.1%.
The weather is best in June to September.
Cost of living in Spencerville
Housing is the biggest part of the cost of living. In Spencerville the median home value is $137,100, 59% lower than the U.S. median. Renters pay a median of $932 per month, which is 29.4% of household income. Homeowners with a mortgage pay $1,039 a month in housing costs.
Spencerville median household income
The median household income in Spencerville is $54,883 and the income per person is $28,292. 15.1% of residents live below the poverty line (Ohio: 13.3%).
Housing in Spencerville: homes for sale and rent
- Housing units
- 947
- Owner-occupied
- 66.9%
- Renter-occupied
- 33.1%
- Vacant
- 9.9%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.41
Spencerville demographics
- Population
- 2,107
- Median age
- 34.3
- Under 18
- 31.8%
- 65 and older
- 16%
- Households
- 853
- Foreign-born
- 0%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Spencerville ›
Education in Spencerville
13.5% of adults 25 and older in Spencerville have a bachelor's degree or higher (Ohio: 31.5%), and 3.6% have a graduate or professional degree.
Jobs and commute in Spencerville
- Unemployment rate
- 8.3%State: 4.8%
- Average commute
- 23 minState: 23 min
- Work from home
- 1.4%
- Drive alone
- 85.3%
- Public transit
- 2.7%
- Walk to work
- 0%
- Homes with broadband
- 81.8%
Spencerville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spencerville | 2,107 | $54,883 | $137,100 | $932 |
| Venedocia | 143 | $55,385 | $77,500 | $935 |
| Buckland | 226 | $67,500 | $104,800 | $1,304 |
| Mendon | 713 | $66,250 | $100,000 | $825 |
| Delphos | 7,143 | $61,037 | $129,600 | $812 |
| Elida | 2,163 | $81,083 | $220,900 | $1,125 |
| Fort Shawnee | 6,209 | $90,491 | $208,700 | $1,035 |
| St. Marys | 8,301 | $79,516 | $148,500 | $848 |
| Middle Point | 592 | $55,337 | $90,300 | $710 |
More for people moving to Spencerville
Spencerville ZIP code ›Weather and climate ›Living in Spencerville: FAQ
What is the median household income in Spencerville, OH?
The median household income in Spencerville is $54,883, 23% lower than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Spencerville?
The median home value in Spencerville is $137,100, compared with $214,800 in Ohio.
How much is rent in Spencerville?
The median gross rent in Spencerville is $932 per month, about 29.4% of household income.
Is Spencerville, OH a good place to live?
Pluses: home values 36% lower than the state median; an average commute of 23 minutes. Minuses: median household income 23% lower than the Ohio median; unemployment of 8.3%; a poverty rate of 15.1%.
What is the median age in Spencerville?
The median age in Spencerville is 34.3 years (Ohio: 39.7).
How long is the commute in Spencerville?
The average commute to work in Spencerville is 23 minutes; 1.4% of workers work from home.
What is the unemployment rate in Spencerville?
The unemployment rate in Spencerville is 8.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spencerville?
13.5% of adults in Spencerville 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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