Paycheck Atlas

Spencer, SD

103Residents
$67,188Median household income
$440/moMedian gross rent
$155,600Median home value
36.8Median age
18%Adults with a bachelor’s degree or higher
84%Homes lived in by their owners
2.3×Home value to household income

Median rent takes about 8% of the median household income in Spencer.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $18,000 a year. In South Dakota that leaves roughly $1,369 a month after tax. See the full paycheck breakdown for $30,000.

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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.