Zip Code
57374
City
Spencer, SD
Population & Migration
What is the forecasted population for Zip code 57374 Spencer, SD?
- Population census 2020
- 325
- Forecasted population 2025
- 318
- -0.02% vs. 2020
- Forecasted population 2030
- 323
- -0.01% vs. 2020
Zip code 57374 Spencer, SD population is forecasted to decrease -0.02% by 2025 (-7.0 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 318 people for 2025 zip code 57374 Spencer, SD will generate a good demand for housing, which is expected to have an excess of -1 houses for 2030. Vacancy rate is 6.0 points above national US average.
- Total homes available 2020
- 184
- Estimated total home demand in 2030
- 182
- Total homes balance inventory
- -1
Average Household Income in zip code 57374 Spencer, SD
from Internal Revenue Service
- Average household income in 2021
- $81,753
Affordability
- Affordability Index
- 2
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 57374 Spencer, SD?
County total number of drinking water violations
3
-99%
244
County total number of drinking water contaminations
3
-88%
24
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