Spencer at a Glance
Population
3,969
Median Home Value
$115,600
Nat'l avg: $281,900
Median Rent
$1,017
Nat'l avg: $1,163
Median Income
$54,452
Nat'l avg: $74,580
Violent Crime
3.0 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Spencer
Dive deeper into Spencer with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Spencer ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Spencer
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Spencer
Young Professionals
Best neighborhoods for career starters in Spencer
Retiree Neighborhoods
Best neighborhoods for retirees in Spencer
Living In Guide
Complete guide to life in Spencer — cost, safety, schools & more
All Neighborhoods
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About Spencer
Spencer, Oklahoma, a charming town of nearly 4,000 residents, offers a refreshing alternative to the hustle and bustle of city life, particularly for those seeking affordability. Here, you'll find a median home value of just $115,600, a stark contrast to the national average, making homeownership a realistic dream. The cost of living is significantly lower, and the pace is decidedly more relaxed. Imagine spending your weekends exploring the nearby natural beauty or simply enjoying the company of friendly neighbors. Spencer is a place where community thrives, and a sense of belonging is readily found, offering a welcoming atmosphere for families and individuals alike. From an investment perspective, Spencer presents a compelling case. While the median household income of $54,452 is below the national average, the incredibly low housing costs allow for a comfortable lifestyle. The area is known for its safety and close-knit community, making it an excellent choice for those seeking a secure environment to raise a family or to retire. While specific job market data isn't available, the affordability and quality of life make Spencer attractive to a range of residents, including first-time homebuyers, retirees, and those seeking a more manageable cost of living.