Spencer, Ohio Demographics & Population 2026
During the 2020–2024 ACS period, Spencer, Ohio had a total population of 628, the 816th largest village in Ohio, with a median household income of $73,542, which is 3% higher than the state average. The poverty rate is 10.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
- Near full employment with an unemployment rate of just 2.3%.
Spencer Quick Facts
How Spencer Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 603 | 628 | +4.1% |
| Median household income | $55,250 | $73,542 | +33.1% |
| Median home value | $154,400 | $165,300 | +7.1% |
How Spencer Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Spencer Rankings in Ohio
Explore Ohio Rankings
Other Cities in Medina County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Brunswick | 35,246 | $90,663 | 6.1% | $249,100 |
| Medina | 25,950 | $77,385 | 8.3% | $243,600 |
| Wadsworth | 24,492 | $79,490 | 8.1% | $247,900 |
| Rittman | 6,044 | $60,154 | 14.0% | $162,100 |
| Lodi | 2,783 | $51,914 | 9.3% | $158,600 |
| Creston | 2,413 | $68,500 | 4.9% | $171,500 |
| Seville | 2,116 | $76,938 | 8.6% | $214,300 |
| Westfield Center | 1,211 | $109,625 | 2.6% | $353,500 |
| Sharon Center | 1,129 | $110,500 | 0.4% | $357,100 |
| Valley City | 785 | $99,643 | 6.0% | $453,400 |
Cities Similar to Spencer
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Laurelville | 633 | N/A | $175,900 | 0.3% | 11.8% |
| Owensville | 620 | N/A | $157,700 | 15.3% | 41.0% |
| Chippewa Lake | 638 | $73,958 | $181,300 | 27.4% | 5.5% |
| Hide-A-Way Hills | 646 | N/A | $267,900 | 39.6% | 0.0% |
| Bolton | 649 | N/A | $103,300 | 18.1% | 36.7% |
A note before these figures: with a population of 628, Spencer's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Spencer is a small community located in Ohio, within Medina County. The total population is 628. It ranks as the 816th most populous out of 1,264 Census-designated places in Ohio.
Age Demographics
The median age in Spencer is 35.3 years. This is 11% lower than the state median of 39.7 years.
Economy, Income & Housing
The median household income in Spencer is $73,542. This is 3% higher than the state median of $71,389. It is also 9% lower than the national median of $80,734. The poverty rate stands at 10.7%. This is 19% lower than the state poverty rate of 13.3%. The unemployment rate is 2.3%. This is 53% lower than the state rate of 4.8%. The median home value is $165,300. Housing costs are 23% lower than the state median of $214,800. With a home-value-to-income ratio of just 2.2x, Spencer is one of the most affordable housing markets in the area. 78.2% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 67.2%.
Race & Ethnicity
Spencer has a predominantly White (non-Hispanic) population, comprising 98.3% of all residents. Hispanic or Latino residents account for 0.6%. The Hispanic or Latino population (0.6%) is well below the state average of 4.8%.
Education
13.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% lower than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%.
Data Sources & Methodology
All demographic data for Spencer, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Spencer, Ohio?
Spencer, Ohio has a population of 628 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Spencer, OH?
The median household income in Spencer is $73,542, which is 9% lower than the national median of $80,734.
What is the poverty rate in Spencer, OH?
The poverty rate in Spencer is 10.7%. This means approximately 67 residents live below the federal poverty line.
What is the racial makeup of Spencer, Ohio?
Spencer's population is 98.3% White, 0.0% Black, 0.6% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Spencer, OH?
The median home value in Spencer is $165,300. The home-value-to-income ratio is 2.2x.
How educated is Spencer, Ohio?
13.3% of adults (25+) in Spencer hold a bachelor's degree or higher, and 1.4% hold a graduate or professional degree.