Economy & Jobs — Spencer, Iowa
Income & Employment
| Median Household Income (Census) | $59,667 |
|---|
| Estimated 2026 | ~$65,000 |
|---|
| Per Capita Income | $36,456 |
|---|
| Poverty Rate | 14.0% |
|---|
| Unemployment Rate | 4.5% |
|---|
| In Labor Force | 5,884 |
|---|
Top Industries
| Industry | Share |
|---|
| Education Healthcare | 24.7% |
| Retail | 14.3% |
| Manufacturing | 11.6% |
Local Businesses (County)
| Type | Count |
|---|
| Fast Food | 18 |
| Insurance Agencies | 13 |
| Commercial Banks | 12 |
| Full Service Restaurants | 12 |
| Physician Offices | 9 |
| Gas Stations | 8 |
| Dental Offices | 7 |
| Law Offices | 6 |
| Hotels Motels | 6 |
| Coffee Shops | 6 |
| Chiropractors | 5 |
| Pet Grooming | 4 |
| Accounting Firms | 4 |
| Optometrists | 4 |
| Grocery Stores | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
