Spencer village, Wisconsin Demographics & Population 2026
As of 2026, Spencer village, Wisconsin has a total population of 1,621, the 301st largest city in Wisconsin, with a median household income of $74,245, which is 2% lower than the state average. The poverty rate is 2.2%.
Key Takeaways
- An exceptionally low poverty rate of 2.2% — among the lowest in Wisconsin.
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
- Near full employment with an unemployment rate of just 0.0%.
Spencer village Quick Facts
How Spencer village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 36 | National average: 60
Education
Educational Attainment (Adults 25+)
Spencer village Rankings in Wisconsin
Explore Wisconsin Rankings
Other Cities in Marathon County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Wausau city | 39,893 | $61,877 | 14.4% | $155,900 |
| Weston village | 15,784 | $75,565 | 7.7% | $215,900 |
| Kronenwetter village | 8,420 | $107,268 | 7.7% | $240,700 |
| Rothschild village | 5,532 | $87,250 | 9.5% | $188,000 |
| Mosinee city | 4,492 | $71,314 | 10.3% | $150,000 |
| Maine village | 2,608 | $110,592 | 2.1% | $262,100 |
| Colby city | 2,118 | $52,574 | 16.0% | $147,900 |
| Abbotsford city | 2,100 | $59,943 | 17.0% | $135,600 |
| Schofield city | 2,020 | $65,478 | 9.8% | $144,200 |
| Stratford village | 1,439 | $65,880 | 12.6% | $189,700 |
Cities Similar to Spencer village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cleveland village | 1,655 | $75,000 | $192,500 | 29.1% | 3.0% |
| Orfordville village | 1,567 | $77,500 | $176,300 | 26.4% | 8.8% |
| Black Earth village | 1,724 | $72,667 | $268,500 | 30.3% | 7.7% |
| Trempealeau village | 1,737 | $75,423 | $198,600 | 21.8% | 6.8% |
| Fall River village | 1,739 | $73,229 | $229,100 | 25.1% | 7.4% |
Population Overview
Spencer village is a small community located in Wisconsin, within Marathon County. The total population is 1,621. It ranks as the 301st most populous out of 807 cities and towns in Wisconsin.
Age Demographics
The median age in Spencer village is 37.5 years. This is 6% lower than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Spencer village is $74,245. This is 2% lower than the state median of $75,670. Compared to the national median of $78,538, household income here is 5% lower. The poverty rate stands at 2.2%. This is 79% lower than the state poverty rate of 10.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.3%. The median home value is $143,000. Housing costs are 42% lower than the state median of $247,400. With a home-value-to-income ratio of just 1.9x, Spencer village is one of the most affordable housing markets in the area. 74.3% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 67.9%.
Race & Ethnicity
Spencer village has a predominantly White (non-Hispanic) population, comprising 98.0% of all residents. Hispanic or Latino residents account for 1.7%. The Hispanic or Latino population (1.7%) is well below the state average of 7.8%.
Education
14.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower than the state rate of 32.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.6%.
Data Sources & Methodology
All demographic data for Spencer village, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 807 Census-designated places in Wisconsin. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Spencer village, Wisconsin?
Spencer village, Wisconsin has a population of 1,621 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Spencer village, WI?
The median household income in Spencer village is $74,245, which is 5% lower the national median of $78,538.
What is the poverty rate in Spencer village, WI?
The poverty rate in Spencer village is 2.2%. This means approximately 36 residents live below the federal poverty line.
What is the racial makeup of Spencer village, Wisconsin?
Spencer village's population is 98.0% White, 0.0% Black, 1.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Spencer village, WI?
The median home value in Spencer village is $143,000. The home-value-to-income ratio is 1.9x.
How educated is Spencer village, Wisconsin?
14.9% of adults (25+) in Spencer village hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.