Spencer, IA Housing
As of 2010-2014, median price of a house in Spencer is $110,300, which is lower than the state average of $126,300 and is lower than the national average of $175,700. The Spencer median house value has grown by 36.34% since 2000. The growth rate for the price of a house in Spencer is lower than the state average rate of 53.09% and is lower than the national average rate of 46.91%. The median year that a house in Spencer was built is 1967, which is about the same as the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 3,517 Owner Occupied Houses in Spencer, IA, #214Spencer, IA | 110,300 USD |
Iowa | 126,300 USD |
U.S. | 175,700 USD |
Spencer, IA | 36.34% |
Iowa | 53.09% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Spencer, IA | Iowa | U.S. | |
Total Housing Units | 5,548, see rank, 100% | 1,348,151 | 132,741,033 |
Occupied Housing Units | 5,015, 90.39%, see rank | 91.40% | 87.55% |
Owner Occupied | 3,517, 63.39%, see rank | 65.64% | 56.34% |
Renter Occupied | 1,498, 27.00%, see rank | 25.76% | 31.21% |
Vacant Housing Units | 533, 9.61%, see rank | 8.60% | 12.45% |
For Rent | 234, 4.22%, see rank | 1.72% | 2.34% |
For Sale Only | 69, 1.24%, see rank | 1.16% | 1.20% |
Rented or Sold, Not Occupied | 87, 1.57%, see rank | 0.79% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 14, 0.25%, see rank | 1.48% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.01% | 0.03% |
Other Vacant | 129, 2.33%, see rank | 3.45% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #197Spencer, IA | Iowa | U.S. |
1967 | 1966 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Spencer, IA | % | Iowa | U.S. | |
Owner-Occupied Units | 3,517 | 100% | 884,984 | 74,787,460 |
With a Mortgage | 2,169 | 61.67%, see rank | 61.75% | 65.58% |
Without a Mortgage | 1,348 | 38.33%, see rank | 38.25% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Spencer, IA | 940 USD |
Iowa | 1,181 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Spencer, IA | % | Iowa | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.23% | 0.20% |
$300 to $499 | 115 | 5.30%, see rank | 2.39% | 1.59% |
$500 to $699 | 295 | 13.60%, see rank | 8.63% | 5.01% |
$700 to $999 | 820 | 37.81%, see rank | 23.95% | 14.32% |
$1,000 to $1,499 | 673 | 31.03%, see rank | 35.90% | 27.90% |
$1,500 to $1,999 | 143 | 6.59%, see rank | 17.17% | 20.35% |
$2,000 to $2,999 | 123 | 5.67%, see rank | 9.44% | 19.52% |
$3,000 or More | 0 | 0.00%, see rank | 2.31% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Spencer, IA | 19.20% of the Total Income |
Iowa | 20.00% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Spencer, IA | % | Iowa | U.S. | |
10% or Less | 340 | 15.68%, see rank | 7.42% | 5.86% |
10% to 20% | 822 | 37.90%, see rank | 42.29% | 31.95% |
20% to 30% | 584 | 26.92%, see rank | 27.59% | 27.64% |
30% to 40% | 245 | 11.30%, see rank | 10.63% | 13.74% |
40% or More | 178 | 8.21%, see rank | 11.73% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Spencer, IA | 381 USD |
Iowa | 431 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Spencer, IA | % | Iowa | U.S. |
$199 or Less | 98 | 7.27%, see rank | 5.58% | 7.76% |
$200 to $299 | 273 | 20.25%, see rank | 14.17% | 14.70% |
$300 to $499 | 619 | 45.92%, see rank | 45.62% | 34.63% |
$500 to $699 | 300 | 22.26%, see rank | 23.27% | 21.16% |
$700 or More | 58 | 4.30%, see rank | 11.37% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Spencer, IA | 11.90% of the Total Income |
Iowa | 11.50% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Spencer, IA | % | Iowa | U.S. | |
10% or Less | 562 | 41.69%, see rank | 43.38% | 40.19% |
10% to 20% | 443 | 32.86%, see rank | 32.92% | 31.47% |
20% to 30% | 180 | 13.35%, see rank | 11.83% | 12.24% |
30% to 40% | 99 | 7.34%, see rank | 4.69% | 5.64% |
40% or More | 64 | 4.75%, see rank | 6.38% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Spencer, IA | Iowa | U.S. | |
Total Housing Units | 5,548, 100% | 1,348,151 | 132,741,033 |
1-unit, Detached | 3,799, 68.48%, see rank | 73.88% | 61.65% |
1-unit, Attached | 203, 3.66%, see rank | 3.72% | 5.82% |
2 Units | 132, 2.38%, see rank | 2.37% | 3.75% |
3 or 4 Units | 301, 5.43%, see rank | 3.38% | 4.43% |
5 to 9 Units | 350, 6.31%, see rank | 3.70% | 4.78% |
10 or More Units | 658, 11.86%, see rank | 9.11% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 105, 1.89%, see rank | 3.84% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Spencer, IA | Iowa | U.S. | |
Total Housing Units | 5,548, 100% | 1,348,151 | 132,741,033 |
1 Room | 85, 1.53%, see rank | 1.15% | 1.95% |
2 Rooms | 223, 4.02%, see rank | 2.07% | 2.48% |
3 Rooms | 516, 9.30%, see rank | 7.28% | 9.13% |
4 Rooms | 1,077, 19.41%, see rank | 14.50% | 16.60% |
5 Rooms | 928, 16.73%, see rank | 18.57% | 20.41% |
6 Rooms | 1,010, 18.20%, see rank | 17.20% | 18.06% |
7 Rooms | 412, 7.43%, see rank | 13.83% | 12.27% |
8 Rooms | 483, 8.71%, see rank | 10.61% | 8.48% |
9 Rooms or More | 814, 14.67%, see rank | 14.79% | 10.60% |
Median Rooms | 5.40, see rank | 5.90 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Spencer, IA | Iowa | U.S. | |
Total Housing Units | 5,548, 100% | 1,348,151 | 132,741,033 |
No Bedroom | 85, 1.53%, see rank | 1.33% | 2.17% |
1 Bedroom | 737, 13.28%, see rank | 9.36% | 11.16% |
2 Bedrooms | 1,835, 33.07%, see rank | 28.37% | 26.69% |
3 Bedrooms | 1,872, 33.74%, see rank | 38.82% | 39.70% |
4 Bedrooms | 774, 13.95%, see rank | 17.31% | 16.05% |
5 or More Bedrooms | 245, 4.42%, see rank | 4.82% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Spencer, IA | Iowa | U.S. | |
Total Housing Units | 5,015, 100% | 1,232,228 | 116,211,092 |
Utility Gas | 3,160, 63.01%, see rank | 63.45% | 48.85% |
Bottled, Tank, or LP Gas | 230, 4.59%, see rank | 13.26% | 4.86% |
Electricity | 1,579, 31.49%, see rank | 19.45% | 36.68% |
Fuel Oil, Kerosene, etc. | 0, 0.00%, see rank | 0.74% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.01% | 0.12% |
Wood | 9, 0.18%, see rank | 1.64% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 0, 0.00%, see rank | 0.93% | 0.47% |
No Fuel Used | 37, 0.74%, see rank | 0.49% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Spencer, IA | Iowa | U.S. |
Occupied Units Paying Rent | 1,420, 100% | 324,469 | 39,201,928 |
$199 or Less | 30, 2.11%, see rank | 1.67% | 1.50% |
$200 to $299 | 149, 10.49%, see rank | 4.14% | 3.18% |
$300 to $499 | 362, 25.49%, see rank | 16.06% | 7.37% |
$500 to $699 | 370, 26.06%, see rank | 29.77% | 16.01% |
$700 to $999 | 312, 21.97%, see rank | 31.63% | 29.17% |
$1,000 to $1,499 | 115, 8.10%, see rank | 12.90% | 26.88% |
$1,500 to $1,999 | 13, 0.92%, see rank | 2.30% | 9.79% |
$2,000 or More | 69, 4.86%, see rank | 1.53% | 6.10% |
Median | $588, see rank | $689 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Spencer, IA | Iowa | U.S. | |
Occupied Housing Units | 5,015, 100% | 1,232,228 | 116,211,092 |
No Vehicles Available | 355, 7.08%, see rank | 5.69% | 9.12% |
1 Vehicles Available | 1,664, 33.18%, see rank | 30.25% | 33.80% |
2 Vehicles Available | 2,020, 40.28%, see rank | 39.60% | 37.48% |
3 or More Vehicles Available | 976, 19.46%, see rank | 24.45% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.