Spencer vs Indianapolis city (balance): Housing
| Spencer | Indianapolis city (balance) | |
|---|---|---|
| Median Home Value | $162,900 | $224,800 |
| Median Gross Rent | $798/mo | $1,156/mo |
| Homeownership Rate | 67.1% | 56.0% |
| Rent as Share of Income | 19.8% | 20.9% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.