Spencerville, NM
Population 1,100 · New Mexico
About Spencerville, NM
Spencerville is a small community in New Mexico with a population of 1,100 residents. The median household income is $60,708 per year, which is near the national average. The median age in Spencerville is 54.4 years.
Housing in Spencerville has a median home value of $255,400 and median monthly rent of $1,169. Of the 495 total housing units, the majority are owner-occupied, with 356 owner-occupied and 87 renter-occupied units.
The unemployment rate in Spencerville is 5.2% and the poverty rate is 13.5%. 15.7% of residents hold a bachelor's degree or higher. The average commute time is 19 minutes.
Cost of Living in Spencerville, NM
Compared to national averages, Spencerville has a median household income of $60,708 (19% below the national median of $75,149). Home values average $255,400, which is 4% above the national median. Monthly rent at $1,169 is 1% above the US average of $1,163. Within New Mexico, Spencerville's income is 10% below the state average of $67,435, and home values are 9% above the state median of $233,762.
Why Live in Spencerville, NM?
Spencerville offers short commute times averaging just 19 minutes.
Potential considerations include median household income ($60,708) that falls below the national average. However, Spencerville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spencerville has a population of 1,100 with a median age of 54.4 years. Compare Spencerville with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Spencerville
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Springer | 1,098 | $48,188 | $94,800 | Compare |
| Black Rock | 1,108 | $55,350 | $80,000 | Compare |
| Ponderosa Pine | 1,091 | $83,864 | $295,500 | Compare |
| Angel Fire | 1,089 | $79,821 | $476,200 | Compare |
| Tesuque | 1,087 | $52,273 | $877,600 | Compare |
| Talpa | 1,126 | $59,323 | $356,300 | Compare |
| Williams Acres | 1,069 | $0 | $0 | Compare |
| Hurley | 1,137 | $41,167 | $82,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Spencerville
What is the population of Spencerville, NM?
The population of Spencerville, NM is 1,100 according to the latest Census data.
What is the median household income in Spencerville?
The median household income in Spencerville, NM is $60,708 per year.
What is the median home value in Spencerville?
The median home value in Spencerville, NM is $255,400.
What is the average rent in Spencerville?
The median monthly rent in Spencerville, NM is $1,169.
What is the unemployment rate in Spencerville?
The unemployment rate in Spencerville, NM is 5.2%.