What percentage of people rent in Spencer, OK?

36.7% (±13.1 points) of the occupied homes in Spencer, OK are rented (2020–2024 American Community Survey).

That is 630 renting households against 1,086 that own their home.

In Spencer, the share of households that rent went from 35.6% in 2015–2019 to 36.7% in 2020–2024 (+1.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
36.7% (±13.1 points)
Renting households
630 (±248)

Who rents and who owns in Spencer

Tenure, estimate (90% margin of error)
SpencerOklahoma CountyOklahomaUnited States
Renter-occupied share36.7% (±13.1 points)41.8% (±0.7 points)34.2% (±0.2 points)34.8%
Renting households630 (±248)137,172 (±2,211)534,552 (±3,633)45,017,354
Owning households1,086 (±271)190,929 (±2,392)1,027,837 (±4,261)84,210,142
Average renter household size2.3 (±0.7)2.2 (±0.0)2.3 (±0.0)2.3
Average owner household size2.3 (±0.4)2.5 (±0.0)2.6 (±0.0)2.6
Median renter household income—$44,020 (±$998)$42,664 (±$446)$52,966
Median owner household income$64,632 (±$10,363)$90,643 (±$1,203)$81,932 (±$637)$100,009

In Spencer, the renter share is not measurably different from Oklahoma County (41.8%).

It is not measurably different from Oklahoma (34.2%).

It is not measurably different from the national figure (34.8%).

In Oklahoma County, Spencer ranks 7 of 20 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 157 of 609.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Spencer has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent35.6% (±8.6 points)36.7% (±13.1 points)+1.1 percentage pointsNot a measurable change
Median household income$40,000 (±$13,068)$59,861 (±$13,913)+49.7%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.

Households that rent in places near Spencer

Nearest places with a published estimate, compared with Spencer
PlaceDistanceHouseholds that rentCompared with this place
Spencer—36.7% (±13.1 points)—
Nicoma Park3.0 mi19.0% (±5.8 points)Lower
Midwest City3.6 mi41.9% (±2.6 points)Not measurably different
Forest Park4.3 mi7.8% (±6.4 points)Lower
Lake Aluma4.5 mi0.0% (±40.6 points)Not measurably different
Del City5.8 mi44.0% (±4.4 points)Not measurably different
Choctaw6.0 mi12.5% (±3.3 points)Lower
Jones6.0 mi29.2% (±6.7 points)Not measurably different
Smith Village6.3 mi11.8% (±16.3 points)Lower

Nearby places with a measurably lower figure: Nicoma Park, OK (19.0%), Forest Park, OK (7.8%), Choctaw, OK (12.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Oklahoma County, place by place

RankPlaceHouseholds that rent
1Valley Brook49.1% (±13.4 points)
2Bethany46.9% (±4.4 points)
3Del City44.0% (±4.4 points)
4Midwest City41.9% (±2.6 points)
5Oklahoma City41.4% (±0.7 points)
6Warr Acres38.0% (±7.3 points)
7Spencer36.7% (±13.1 points)
8The Village36.5% (±5.1 points)
9Edmond29.7% (±1.7 points)
10Jones29.2% (±6.7 points)
11Harrah24.9% (±4.9 points)
12Woodlawn Park22.4% (±19.4 points)
13Nicoma Park19.0% (±5.8 points)

Showing 13 of 20 places in Oklahoma 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.

What you can do on Seayora in Spencer

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Questions about Spencer

How many renters are there in Spencer?

Spencer has an estimated 630 (±248) renting households, 36.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Spencer?

In Spencer, the share of households that rent went from 35.6% in 2015–2019 to 36.7% in 2020–2024 (+1.1 percentage points), not a measurable change.

How big are renting households in Spencer?

A renting household in Spencer has 2.3 people on average, against 2.3 in an owned home.

Sources

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 city, Oklahoma (place:69200, in state:40).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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