Spencer village, Ohio Demographics & Population 2026

Population Overview

Spencer village is a small community located in Ohio, within Medina County. The total population is 603. It ranks as the 823rd most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in Spencer village is 35.9 years. This is 9% lower than the state median of 39.6 years. 12.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Spencer village is $55,250. This is 21% lower than the state median of $69,680. Compared to the national median of $78,538, household income here is 30% lower. The poverty rate stands at 10.3%. This is 22% lower than the state poverty rate of 13.2%. The unemployment rate is 2.9%. This is 41% lower than the state rate of 4.9%. The median home value is $154,400. Housing costs are 22% lower than the state median of $199,200. With a home-value-to-income ratio of just 2.8x, Spencer village is one of the most affordable housing markets in the area. 78.3% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 67.0%.

Race & Ethnicity

Spencer village has a predominantly White (non-Hispanic) population, comprising 93.7% of all residents. Black or African American residents account for 2.2%. The Black or African American population (2.2%) is well below the state average of 12.1%. The Hispanic or Latino population (0.7%) is well below the state average of 4.6%.

Education

10.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 65% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.0%.

Data Sources & Methodology

All demographic data for Spencer village, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.