Groundwork

Beauty and personal care · Small-town market · Iowa

Hair salons in the Spencer, IA area

How the Spencer, IA area compares with other small-town markets and the U.S. for hair salons: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 45 out of 100: Lower middle

Ranked #326 of 538 scored small-town markets
#8 of 15 scored small-town markets based in Iowa

Listings
17
11 chain locations (65%)
Official establishments
n/a
Fewer than 3, or not published
Household spending a year
$6.7M
On personal care products and services · $921 a household
Spending per listing
$395K
8% below the U.S.
Listings per 10k households
23.3
In line with the U.S.
Population, 2025
16,202
−0.8% since 2020

See the hair salons around any address in the Spencer area

The site report maps the hair salons on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Spencer area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 17 hair salons in the Spencer area. Of those, 11 are chain locations, or 65%, against 14% across the U.S. That is 23.3 per 10,000 households, in line with the U.S. rate of 23.4.

Households in the Spencer area spend about $6.7M a year on personal care products and services, or $921 per household, 8% below the U.S. average. That works out to $395K per salon, 8% below the U.S. figure of $430K. That spending covers all personal care products and services, which hair salons share with other businesses in the trade.

There is no official count of businesses with payroll classed as beauty salons in the Spencer area: counts under 3 aren’t published. Official counts list 36 one-person businesses without payroll. Since fiscal 2022, 1 SBA-backed loan worth $65K has gone to businesses classed as beauty salons in the Spencer area.

Between 2020 and 2025, the population of the Spencer area declined 0.8%, against +3.1% for the U.S. The Spencer area scores 45 (lower middle) on the Groundwork market score for hair salons, ranking #326 of 538 scored small-town markets and #8 of 15 scored small-town markets based in Iowa.

How the Spencer area compares

The same measures for Iowa and the whole U.S. Spending per listing divides a year of household spending on all personal care products and services by the hair salons counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Hair salons in Spencer, IA area compared with Iowa and the U.S.
MeasureSpencer areaIowaU.S.
Listings per 10k households23.323.523.4
Spending per listing$395K$422K$430K
Households per official establishmentn/a1,6531,535
Official establishment growth, 2019–2023n/a−2.1%+6.0%
Population growth, 2020–2025−0.8%+1.5%+3.1%
Spending per household on personal care products and services$921$990$1,005
Median household income$65,428$75,059$80,734
Groundwork market score4539

Official counts and lending

Businesses

Official establishments, 2019 to 2023
n/a
Employees, 2023
n/a
Annual payroll, 2023
n/a
One-person businesses, 2023
36Businesses with no payroll
Map listings, September 2026
1711 chain locations
Listings at the U.S. rate for this spending
16The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$65K

SBA-backed loans to businesses classed as beauty salons in the Spencer area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Spencer area

Population, 2025 estimate
16,202−0.8% since 2020
Households
7,282
Median age
43.1
Homes lived in by their owners
73%
Vehicles per household
1.9
Land area
567 sq. mi.
People per square mile
29
Median household income
$65,428+29.5% vs. 2015–2019, before inflation
Average household income
$83,614
Median home value
$178,600
Jobs located here
8,325
Daytime population
16,701Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Spencer area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the hair salons on map listings by name and distance.

Or open the report at the center of the Spencer area. Signed out, you see a blurred preview; on an account, each report is one action.

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Hair salons across Iowa

Every Iowa market ranked →

The highest-scoring small-town markets in Iowa for hair salons, numbered among those based in Iowa, with the Spencer area marked.

Top small-town markets in Iowa

Small-town markets in Iowa ranked for hair salons by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Pella, IA702317.3$581K+2.3%#53 of 538
2Marshalltown, IA702818.1$520K−0.5%#56 of 538
3Le Mars, IA652423.3$437K0.0%#96 of 538
4Clinton, IA604020.5$458K−0.9%#153 of 538
5Spirit Lake, IA582123.7$429K+1.7%#178 of 538
6Muscatine, IA543821.9$428K−3.0%#229 of 538
7Fort Dodge, IA483321.5$423K−0.4%#294 of 538
8Spencer, IA451723.3$395K−0.8%#326 of 538
9Ottumwa, IA393323.6$379K−0.3%#391 of 538
10Carroll, IA312427.3$354K−2.0%#469 of 538

Other business types in the Spencer area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many hair salons are in the Spencer, IA area?

The Spencer area has 17 hair salons on map listings as of September 2026. 11 of them (65%) are chain locations. The listings count hair and beauty salons. No official count is published for beauty salons in the Spencer area: counts under 3 are left out. Official counts also show 36 one-person businesses without payroll.

How much do households in the Spencer, IA area spend on personal care products and services?

About $6.7M a year, or $921 per household. That is 8% below the U.S. average (an index of 92, where 100 is the U.S. average). Spread across the 17 hair salons on map listings, it comes to $395K per salon. The spending figure covers all personal care products and services, not only hair salons. It is estimated from the incomes of the 7,282 households in the Spencer area and national spending patterns by income.

How does the Spencer, IA area compare with the U.S. for hair salons?

The Spencer area has 23.3 hair salons per 10,000 households, in line with the U.S. rate of 23.4. Spending per salon is $395K, 8% below the U.S. figure of $430K. At the national ratio of hair salons to household spending, the Spencer area would have about 16, against 17 on map listings.

How fast is the Spencer, IA area growing?

Population estimates put the Spencer area at 16,202 people in 2025, down 0.8% since 2020, against +3.1% for the U.S. It has 7,282 households. The median household income in the Spencer area is $65,428 a year, 19% below the U.S. median of $80,734. That rose 29.5% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Spencer area scores 45 for hair salons (lower middle), #326 of 538 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Spencer area. It maps the hair salons on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for hair salons · All 56 business types in the Spencer area

Screening a site or an acquisition in the Spencer area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Spencer area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.