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
$34,432
2023
$46,563
Total change
+$12,131
% change
+35.2%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $34,432 | — |
| 2019 | $36,326 | +$1,894 (5.5%) |
| 2020 | $40,556 | +$4,230 (11.6%) |
| 2021 | $39,962 | $594 (-1.5%) |
| 2022 | $41,042 | +$1,080 (2.7%) |
| 2023 | $46,563 | +$5,521 (13.5%) |