Last updated: 2024 BLS data · Page refreshed:
Spalding has a population of 353 with a median age of 57.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 353 |
| Median Age | 57.3 |
| White | 95.8% |
| Black or African American | 0.8% |
| Hispanic or Latino | 2.8% |
| Other / Two or More Races | 0.6% |
The median household income in Spalding is $65,625, which is 18.6% below the national median of $80,610. The per capita income is $30,595. The poverty rate is 2.7%.
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In Spalding, 99.2% of residents age 25+ have a high school diploma or higher, and 18.7% hold a bachelor's degree or higher (3.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.2% |
| Bachelor's Degree or Higher | 18.7% |
| Graduate or Professional Degree | 3.8% |
The median home value in Spalding is $127,300, below the national median of $303,400. The median monthly rent is $546. The homeownership rate is 90.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $127,300 |
| Median Monthly Rent | $546 |
| Homeownership Rate | 90.1% |
| Vacancy Rate | 20.1% |
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