Last updated: 2024 BLS data · Page refreshed:
Spearman has a population of 2,810 with a median age of 40.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,810 |
| Median Age | 40.9 |
| White | 60.3% |
| Black or African American | 0.2% |
| Asian | 0.5% |
| Hispanic or Latino | 51.6% |
The median household income in Spearman is $68,617, which is 14.9% below the national median of $80,610. The per capita income is $35,413. The poverty rate is 7.7%.
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In Spearman, 76.6% of residents age 25+ have a high school diploma or higher, and 35.9% hold a bachelor's degree or higher (11.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 76.6% |
| Bachelor's Degree or Higher | 35.9% |
| Graduate or Professional Degree | 11.6% |
The median home value in Spearman is $124,000, below the national median of $303,400. The median monthly rent is $1,125. The homeownership rate is 82.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $124,000 |
| Median Monthly Rent | $1,125 |
| Homeownership Rate | 82.1% |
| Vacancy Rate | 19.5% |
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