Spencer, OH Profile: Facts & Data

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Spencer, Ohio - Basic Facts

The Village of Spencer had a population of 751 as of July 1, 2019.

The primary coordinate point for Spencer is located at latitude 41.1003 and longitude -82.1232 in Medina County. The formal boundaries for the Village of Spencer encompass a land area of 0.99 sq. miles and a water area of 0.01 sq. miles. Medina County is in the Eastern time zone (GMT -5). The elevation is 915 feet.

The Village of Spencer (GNIS ID: 2399870) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Spencer: Centerville, Centreville, Spencer Mills.

Jump to... (On This Page!)
  1. Spencer 2019 Demographic Data
  2. Growth Rates for Spencer (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Ohio Research Tools (Easy Tools & Current Data)
  3. Ohio Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Spencer, OH Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Spencer, OH Housing Affordability Index is 192
State of Ohio Housing Affordability Index is 156
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Spencer, OH Wealth Index is 65
State of Ohio Wealth Index is 84
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Ohio COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 751 (100%)
Population in Households 751 (100.0%)
Population in Families 655 (87.2%)
Population in Group Quarters1 0
Population Density 762
Diversity Index2 9
 

INCOME

Median Household Income $60,532
Average Household Income $72,777
Per Capita Income $25,658
Wealth Index4 65

HOUSING

Total Housing Units 320 (100%)
Owner Occupied HU 239 (74.7%)
Renter Occupied HU 46 (14.4%)
Vacant Housing Units 34 (10.6%)
Median Home Value $166,667
Housing Affordability Index3 192
 

HOUSEHOLDS

Total Households 286
Average Household Size 2.63
Family Households 222
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.03% 0.24%
Households 0.11% 0.35%
Families 0.97% 0.27%
Median Household Income   4.38%
Per Capita Income   3.56%

Spencer, OH - Peer Comparisons by Rank and Percentile

The table below compares Spencer to the other 1,215 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 747 39th
Population Density # 867 29th
Diversity Index # 780 36th
Median Household Income # 422 65th
Per Capita Income # 698 43rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.

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