Spencer is a city located in Clay County, Iowa. Spencer has a 2025 population of 11,446 . It is also the county seat of Clay County . Spencer is currently growing at a rate of 0.25% annually and its population has increased by 1.26% since the most recent census, which recorded a population of 11,304 in 2020.
The average household income in Spencer is $78,039 with a poverty rate of 14.11%. The median age in Spencer is 41.3 years: 39.4 years for males, and 43 years for females. For every 100 females there are 90.8 males.
Data after 2023 is projected based on recent change
The racial composition of Spencer includes 93.72% White, and smaller percentages for Black or African American, Native American, Asian, other race and multiracial populations.
White (93.72%)
Two or more races (4.29%)
Black or African American (0.68%)
Native American (0.55%)
Asian (0.41%)
Other race (0.33%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 10,678 | 93.72% |
| Two or more races | 489 | 4.29% |
| Black or African American | 78 | 0.68% |
| Native American | 63 | 0.55% |
| Asian | 47 | 0.41% |
| Other race | 38 | 0.33% |
Married
Widowed
Divorced
Separated
Never Married
Spencer's average per capita income is $45,585. Household income levels show a median of $57,068. The poverty rate stands at 14.11%.
Name | Median | Mean |
|---|---|---|
| Married Families | $100,833 | - |
| Families | $86,703 | $103,687 |
| Households | $57,068 | $78,039 |
| Non Families | $36,745 | $48,423 |
Average Income
Median Household Income
Poverty Rate