HomeNebraskaBoyd CountySpencer
Spencer, Nebraska: commercial real estate data.
Spencer is a Census village of 312 people across 0.60 square miles of land, in Boyd County. Median household income is $58,667, 74.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $65,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Spencer
What Spencer is
- Census place typevillage
- Land area0.6 sq mi
- Water area0 sq mi
- Population per square mile of land522 plus or minus 109
- County holding the largest share of its areaBoyd County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spencer
How many people live in Spencer
- Population312 plus or minus 65
- Median age55.8
- Population under 1855 plus or minus 22
- Share under 1817.6 percent plus or minus 6.1
- Population 65 and over108 plus or minus 23
- Share 65 and over34.6 percent
- Households150 plus or minus 41
- Family households85 plus or minus 25
- Share of households that are families56.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spencer
Income and work in Spencer
- Median household income$58,667
- Per capita income$31,841
- Civilian labor force170 plus or minus 46
- Employed168 plus or minus 46
- Unemployed2 plus or minus 3
- Unemployment rate1.2 percent plus or minus 1.7
- Adults 25 and over242
- Adults 25 and over with a high school diploma or higher97.1 percent plus or minus 26.0
- Adults 25 and over with a bachelor degree or higher12.8 percent plus or minus 6.5
- Adults 25 and over with a graduate degree3.3 percent plus or minus 4.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spencer
Housing in Spencer
- Housing units227 plus or minus 47
- Occupied units150 plus or minus 41
- Vacant units77 plus or minus 34
- Vacancy rate33.9 percent plus or minus 13.2
- Owner occupied111 plus or minus 35
- Renter occupied39 plus or minus 20
- Ownership rate74.0 percent
- Median owner-occupied home value$82,500
- Median gross rent, monthly$713
- Annual rent as a share of median income14.6 percent
- Single family units220 plus or minus 48
- Share single family96.9 percent
- Units in buildings of two or more1 plus or minus 10
- Share in buildings of two or more0.4 percent plus or minus 4.5
- Mobile homes6 plus or minus 6
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spencer
How Spencer gets to work
- Workers 16 and over who commute152 plus or minus 39
- Commuting under 15 minutes104 plus or minus 28
- Share commuting under 15 minutes68.4 percent
- Commuting 30 minutes or more30 plus or minus 16
- Share commuting 30 minutes or more19.7 percent plus or minus 9.0
- Drove alone71.4 percent plus or minus 27.7
- Carpooled10.6 percent plus or minus 6.2
- Public transport0.0 percent
- Walked12.4 percent plus or minus 5.9
- Worked from home5.6 percent plus or minus 6.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spencer
SBA loans in Spencer (7(a))
- Approvals1
- Gross approval$65,000
- Average approval$65,000
- Median approval$65,000
- Largest approval$65,000
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Spencer, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spencer
Flood risk in Spencer
- NFIP communityVillage of Spencer
- NFIP community number310399
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/18/05
The Village of Spencer participates in the National Flood Insurance Program as community 310399 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Boyd County, not Spencer
Boyd County context, not Spencer figures
- Establishments in Boyd County63
- Covered employment, Boyd County560
- Average annual pay, Boyd County$36,958
- Housing units permitted, Boyd County0
Every figure in this section is published for Boyd County as a whole and is not a measurement of Spencer.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Spencer questions, answered from the record.
How many people live in Spencer, Nebraska?
312, in 150 households. Spencer village covers 0.60 square miles of land, which is 522 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Spencer in?
Boyd County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Spencer?
$58,667. The median owner-occupied home is valued at $82,500. Median gross rent is $713 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Spencer businesses?
1 7(a) approvals totaling $65,000 since FY2020, across 1 lenders, median approval $65,000. These count approvals to borrowers whose address is in Spencer, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Spencer borrowers get paid back?
No rate is published for Spencer. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Spencer in the National Flood Insurance Program?
Yes. Spencer appears in the FEMA Community Status Book as Spencer, village of, community 310399, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Spencer figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Boyd County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Spencer.
Is zoning published for Spencer?
No. Nothing on this page presents parcel level zoning.
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