Spencer, IA

The affordability dashboard for Spencer, IA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 12,691 residents, then layers in county-level federal data to produce an overall grade of B- (66/100). The headline inputs are median household income of $63,402, median home value of $188,300, median rent of $807 per month, and 29.0% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $919 per month (studio $682, 1BR $700, 3BR $1,198, 4BR $1,217). Department of Labor data lists infant center-based childcare at $8,092 per year, consuming 13% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Spencer, IA include commute, rent. Unemployment currently reads 4.0% and poverty 13.1% — numbers worth keeping alongside the headline grade.