HomeOklahomaOklahoma CountySpencer
Spencer, Oklahoma: commercial real estate data.
Spencer is a Census city of 3,928 people across 5.38 square miles of land, in Oklahoma County. Median household income is $59,861, 63.3 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $183,600 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Spencer
What Spencer is
- Census place typecity
- Land area5.38 sq mi
- Water area0 sq mi
- Population per square mile of land730
- County holding the largest share of its areaOklahoma 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
- Population3,928
- Median age44.2 plus or minus 9.9
- Population under 181,039 plus or minus 275
- Share under 1826.5 percent plus or minus 7.0
- Population 65 and over929 plus or minus 341
- Share 65 and over23.7 percent plus or minus 8.7
- Households1,716
- Family households1,163
- Share of households that are families67.8 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$59,861 plus or minus $13,913
- Per capita income$29,379
- Civilian labor force1,913
- Employed1,746
- Unemployed167 plus or minus 105
- Unemployment rate8.7 percent plus or minus 5.3
- Adults 25 and over2,767
- Adults 25 and over with a high school diploma or higher88.4 percent
- Adults 25 and over with a bachelor degree or higher26.0 percent plus or minus 8.6
- Adults 25 and over with a graduate degree9.5 percent plus or minus 6.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spencer
Housing in Spencer
- Housing units1,895
- Occupied units1,716
- Vacant units179 plus or minus 118
- Vacancy rate9.4 percent plus or minus 6.1
- Owner occupied1,086 plus or minus 271
- Renter occupied630 plus or minus 248
- Ownership rate63.3 percent plus or minus 12.7
- Median owner-occupied home value$157,000
- Single family units1,625
- Share single family85.8 percent
- Units in buildings of two or more216 plus or minus 246
- Share in buildings of two or more11.4 percent plus or minus 12.9
- Mobile homes54 plus or minus 66
- Median year structure built1969
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 commute1,403 plus or minus 315
- Commuting under 15 minutes233 plus or minus 144
- Share commuting under 15 minutes16.6 percent plus or minus 9.5
- Commuting 30 minutes or more450 plus or minus 166
- Share commuting 30 minutes or more32.1 percent plus or minus 9.4
- Drove alone74.4 percent
- Carpooled5.4 percent plus or minus 4.4
- Public transport0.0 percent
- Walked1.2 percent plus or minus 1.9
- Worked from home16.1 percent plus or minus 11.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spencer
SBA loans in Spencer (7(a))
- Approvals2
- Gross approval$183,600
- Average approval$91,800
- Median approval$91,800
- Largest approval$95,900
- Jobs supported22
- Jobs per approval11.0
- Loans with a final outcome1
- Paid in full0
- Charged off1
- Median term90 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Spencer, in any county, FY2020 to FY2026. Only 1 loan has 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 communityCity of Spencer
- NFIP community number400412
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/18/09
The City of Spencer participates in the National Flood Insurance Program as community 400412 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.
Oklahoma County, not Spencer
Oklahoma County context, not Spencer figures
- Establishments in Oklahoma County24,877
- Covered employment, Oklahoma County495,002
- Average annual pay, Oklahoma County$65,904
- Housing units permitted, Oklahoma County6,164
Every figure in this section is published for Oklahoma 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, Oklahoma?
3,928, in 1,716 households. Spencer city covers 5.38 square miles of land, which is 730 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?
Oklahoma 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?
$59,861. The median owner-occupied home is valued at $157,000. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Spencer businesses?
2 7(a) approvals totaling $183,600 since FY2020, across 2 lenders, median approval $91,800. 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 1 loan has 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, city of, community 400412, 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 Oklahoma 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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