What is the median household income in Spencer Township (Guernsey County), OH?
The median household income in Spencer Township (Guernsey County), OH is $72,813 (±$17,768) a year (2020–2024 American Community Survey).
Paying the median gross rent of $700 a month would take about $28,000 a year at the common guideline of spending no more than 30% of income on rent.
In Spencer Township (Guernsey County), the median household income went from $73,063 in 2015–2019 to $72,813 in 2020–2024 (−0.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $72,813 (±$17,768)
- Median renter income
- $55,833 (±$12,733)
- Income to afford median rent
- about $28,000
Income in Spencer Township (Guernsey County) against Guernsey County, its state and the nation
| Spencer Township (Guernsey County) | Guernsey County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $72,813 (±$17,768) | $58,478 (±$3,866) | $71,389 (±$321) | $80,734 |
| Median renter household income | $55,833 (±$12,733) | $34,032 (±$5,886) | $42,829 (±$325) | $52,966 |
| Median owner household income | $75,625 (±$16,339) | $69,751 (±$4,688) | $90,122 (±$343) | $100,009 |
| Median gross rent | $700 (±$220) | $864 (±$80) | $1,034 (±$5) | $1,413 |
In Spencer Township (Guernsey County), median household income is not measurably different from Guernsey County ($58,478).
It is not measurably different from Ohio ($71,389).
It is not measurably different from the national figure ($80,734).
In Guernsey County, Spencer Township (Guernsey County) ranks 9 of 26 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1102 of 2,325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Spencer Township (Guernsey County)
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $700 a month ($8,400 a year) needs an income of about $28,000 a year.
The median renting household in Spencer Township (Guernsey County) earns $55,833 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $73,063 (±$17,394) | $72,813 (±$17,768) | −0.3% | No measurable change after inflation |
| Median gross rent | $694 (±$215) | $700 (±$220) | +0.9% | No measurable change after inflation |
| Median home value | $125,300 (±$33,388) | $98,100 (±$63,712) | −21.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Spencer Township (Guernsey County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Spencer Township (Guernsey County) | — | $72,813 (±$17,768) | — |
| Cumberland | 2.1 mi | $56,607 (±$28,856) | Not measurably different |
| Valley Township (Guernsey County) | 4.8 mi | $55,625 (±$26,929) | Not measurably different |
| Pleasant City | 5.4 mi | $67,813 (±$32,467) | Not measurably different |
| Westland Township | 6.0 mi | $83,750 (±$15,599) | Not measurably different |
| Buffalo Township | 6.4 mi | $73,221 (±$26,056) | Not measurably different |
| Jackson Township (Guernsey County) | 7.1 mi | $51,487 (±$5,030) | Lower |
| Noble Township (Noble County) | 7.4 mi | $46,053 (±$23,982) | Not measurably different |
| Belle Valley | 7.8 mi | $48,750 (±$11,567) | Lower |
Nearby places with a measurably lower figure: Jackson Township (Guernsey County), OH ($51,487), Belle Valley, OH ($48,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Guernsey County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Westland Township | $83,750 (±$15,599) |
| 4 | Adams Township (Guernsey County) | $77,794 (±$46,491) |
| 5 | Old Washington | $76,875 (±$53,575) |
| 6 | Center Township (Guernsey County) | $76,029 (±$7,098) |
| 7 | Madison Township (Guernsey County) | $75,395 (±$13,607) |
| 8 | Richland Township (Guernsey County) | $74,784 (±$8,788) |
| 9 | Spencer Township (Guernsey County) | $72,813 (±$17,768) |
| 10 | Pleasant City | $67,813 (±$32,467) |
| 11 | Wheeling Township (Guernsey County) | $65,119 (±$39,788) |
| 12 | Wills Township | $64,563 (±$23,374) |
| 13 | Cumberland | $56,607 (±$28,856) |
| 14 (tie) | Liberty Township (Guernsey County) | $55,625 (±$20,566) |
| 14 (tie) | Valley Township (Guernsey County) | $55,625 (±$26,929) |
Showing 13 of 26 places in Guernsey County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Spencer Township (Guernsey County)
What is the median household income in Spencer Township (Guernsey County)?
The median household income in Spencer Township (Guernsey County) is $72,813 (±$17,768) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Spencer Township (Guernsey County)?
About $28,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $700 a month.
Have incomes in Spencer Township (Guernsey County) kept up with inflation?
In Spencer Township (Guernsey County), the median household income went from $73,063 in 2015–2019 to $72,813 in 2020–2024 (−0.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Spencer Township (Guernsey County)?
The median renting household in Spencer Township (Guernsey County), OH earns $55,833 (±$12,733) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Spencer township, Guernsey County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spencer township, Guernsey County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spencer township, Guernsey County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Spencer township, Guernsey County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spencer township, Guernsey County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spencer township, Guernsey County, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Spencer township, Guernsey County, Ohio (county subdivision:73986, in state:39 county:059).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Spencer Township (Guernsey County) at a glance
- Homeowner costs in Spencer Township (Guernsey County)
- Property taxes in Spencer Township (Guernsey County)
- Types of homes in Spencer Township (Guernsey County)
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- Age of homes in Spencer Township (Guernsey County)
- Heating fuel in Spencer Township (Guernsey County)
- Commute and cars in Spencer Township (Guernsey County)
- Population growth in Spencer Township (Guernsey County)
- Ohio landlord and tenant rules
- Housing across Guernsey County
- Ohio places ranked by median household income
- Housing data for every place in Ohio