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Spencer, Oklahoma Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Spencer, Oklahoma had a total population of 3,928, the 88th largest city in Oklahoma, with a median household income of $59,861, which is 8% lower than the state average. The poverty rate is 15.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Spencer Quick Facts

Population 3,928
Median Household Income $59,861
Median Home Value $157,000
Poverty Rate 15.1%
Unemployment Rate 8.7%
Median Age 44.2 years
Homeownership Rate 63.3%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 26.0%
High School Graduation Rate 88.4%
Diversity Index 68/100
Population 3,928 88th of 834
Median Income $59,861 above average
Poverty Rate 15.1% 22% higher than national
Median Home Value $157,000 top 30%

How Spencer Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,9423,928-0.4%
Median household income$57,550$59,861+4.0%
Median home value$119,000$157,000+31.9%

How Spencer Compares

Economy & Housing

Household Income Distribution

Under $25K 9.3%
$25K-$50K 30.7%
$50K-$100K 42.5%
$100K+ 17.5%
Detailed income brackets
Under $10K
3.2%
$10K-$15K
3.7%
$15K-$20K
1.5%
$20K-$25K
0.9%
$25K-$30K
14.6%
$30K-$35K
2.3%
$35K-$40K
3.6%
$40K-$45K
5.7%
$45K-$50K
4.5%
$50K-$60K
10.1%
$60K-$75K
15.4%
$75K-$100K
17.0%
$100K-$125K
2.6%
$125K-$150K
9.2%
$150K-$200K
4.5%
$200K+
1.2%

Employment

8.7% Unemployment Rate State: 5.0%|National: 5.2%
61.8% Labor Force Participation

Housing Overview

Owner 63.3%
Renter 36.7%
Affordability Index Very Affordable
2.6x home value to income ratio

People & Demographics

Diversity Index

68out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 58 | National average: 61

Education

Spencer Rankings in Oklahoma

#88 Population of 834
#256 Median Income of 716
#154 Education of 833
#192 Home Value of 723

Other Cities in Oklahoma County

CityPopulationMedian IncomePovertyHome Value
Oklahoma City 697,125 $68,656 15.1% $231,300
Edmond 96,825 $103,183 8.1% $351,400
Midwest City 58,297 $57,520 16.5% $164,500
Del City 21,494 $46,925 22.6% $126,800
Bethany 20,560 $56,591 20.5% $171,600
Choctaw 12,303 $100,574 6.3% $242,100
Warr Acres 10,466 $53,273 19.0% $164,500
The Village 9,447 $77,108 11.6% $211,800
Harrah 6,684 $84,375 10.8% $225,400
Nichols Hills 3,843 $207,567 2.8% $818,500

Cities Similar to Spencer

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fort Gibson3,808$68,378$181,10032.0%11.9%
Madill4,004$47,522$109,60013.0%20.0%
Roland3,687$51,754$139,8008.9%18.3%
McLoud4,425$63,469$157,40010.9%18.0%
Marlow4,451$56,655$136,30020.9%21.9%

Population Overview

Spencer is a small community located in Oklahoma, within Oklahoma County. The total population is 3,928. It ranks as the 88th most populous out of 834 Census-designated places in Oklahoma.

Age Demographics

The median age in Spencer is 44.2 years. This is 19% higher than the state median of 37.0 years. 10.4% 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 is $59,861. This is 8% lower than the state median of $65,039. It is also 26% lower than the national median of $80,734. The poverty rate stands at 15.1%. This is 1% lower than the state poverty rate of 15.3%. The unemployment rate is 8.7%. This is 75% higher than the state rate of 5.0%. The median home value is $157,000. Housing costs are 21% lower than the state median of $199,800. With a home-value-to-income ratio of just 2.6x, Spencer is one of the most affordable housing markets in the area. 63.3% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 65.8%.

Race & Ethnicity

Spencer is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 29.0%. The White (non-Hispanic) population (29.0%) is well below the state average of 62.1%. The Black or African American population is significantly higher than the state average (44.5% vs 6.8%). The Asian population (1.2%) is well below the state average of 2.4%.

Education

26.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 8% lower than the state rate of 28.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.4%.

Data Sources & Methodology

All demographic data for Spencer, Oklahoma 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 Oklahoma state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 834 Census-designated places in Oklahoma. 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, Oklahoma?

Spencer, Oklahoma has a population of 3,928 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Spencer, OK?

The median household income in Spencer is $59,861, which is 26% lower than the national median of $80,734.

What is the poverty rate in Spencer, OK?

The poverty rate in Spencer is 15.1%. This means approximately 589 residents live below the federal poverty line.

What is the racial makeup of Spencer, Oklahoma?

Spencer's population is 29.0% White, 44.5% Black, 16.2% Hispanic/Latino, and 1.2% Asian.

What is the median home value in Spencer, OK?

The median home value in Spencer is $157,000. The home-value-to-income ratio is 2.6x.

How educated is Spencer, Oklahoma?

26.0% of adults (25+) in Spencer hold a bachelor's degree or higher, and 9.5% hold a graduate or professional degree.