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Spencer city: Median Household Income Trend

How Spencer city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$38,158
2023
$57,550
Total change
+$19,392
% change
+50.8%
Year Median Household Income Change
2017 $38,158
2019 $40,000 +$1,842 (4.8%)
2020 $36,714 $3,286 (-8.2%)
2021 $48,575 +$11,861 (32.3%)
2022 $54,452 +$5,877 (12.1%)
2023 $57,550 +$3,098 (5.7%)

Other Spencer city Trends