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Spencer, IA Micro Area: Median Household Income Trend

How Spencer, IA Micro Area'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
$48,978
2023
$64,082
Total change
+$15,104
% change
+30.8%
Year Median Household Income Change
2017 $48,978
2019 $50,521 +$1,543 (3.2%)
2020 $51,259 +$738 (1.5%)
2021 $52,307 +$1,048 (2%)
2022 $61,756 +$9,449 (18.1%)
2023 $64,082 +$2,326 (3.8%)

Other Spencer, IA Micro Area Trends