Apartments for rent in Spencer, NY

Spencer, New York is a small town with slightly less than 1,000 residents. Retirees are customary, as they account for 20% of the population compared to 14% nationally. Home ownership is more common than renting in the area, and 32% of residents rent. With a relatively low average rent of $901 per month in the town, renting remains an affordable option, particularly compared to other cities in New York. Each month, renters in Spencer will save around $379 compared to the state average.

Spencer has an average commute time of about 30 minutes. Driving a car or truck is the most common means of commuting to work, chosen by 42% of residents, while public transportation is not widely used. Relatively few residents commute to work on foot.

Spencer has a relatively high percentage of residents older than 25 with an Associate's degree (8%) compared to the national average (5%). Further, 12% have earned a Bachelor's degree and 5% possess a Master's or Doctoral degree. Many Spencer residents work in one of three industries: education, retail, and construction. Combined, these industries make up 21% of the labor force in the town. Meanwhile, looking at job function, many of the town's workers are in sales, making it the top career path in the town. With an average annual income of about $55,000, Spencer workers bring in less than the average New York resident. Spencer's average income also falls below the national average ($73,345).