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Spencer city, SD
ZIP 57374 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Spencer city, SD (57374)
Median Income
$75,625
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+20
Wealth inflow
Population
318
Unemployment
0.0%
3.7pp below US avg
IRS migration statistics show a net inflow of about 20 for ZIP 57374 (Spencer city, SD) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 57374 (2020–Present)
Since 2020, population declined 2.2%, median income fell 1.7% (inflation-adjusted), home values increased 14.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $75,625 |
| Unemployment | 0.0% |
| Establishments | 8 |
| Employees | 45 |