Groundwork

Health care · Small-town market · Iowa

Medical and dental practices in the Spencer, IA area

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

Groundwork market score · out of 100

Score 38 out of 100: Lower middle

Ranked #382 of 538 scored small-town markets
#12 of 15 scored small-town markets based in Iowa

Listings
58
5 chain locations (9%)
Official establishments
28
−12.5% since 2019
Household spending a year
$9.6M
On medical and dental services · $1,321 a household
Spending per listing
$166K
9% above the U.S.
Listings per 10k households
79.6
6% below the U.S.
Population, 2025
16,202
−0.8% since 2020

See the medical and dental practices around any address in the Spencer area

The site report maps the medical and dental practices 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

At $1,321 per household (3% above the U.S. average), households in the Spencer area spend about $9.6M a year on medical and dental services. That is about $166K of household spending for each practice on map listings, 9% above the U.S. figure of $152K.

The Spencer area has 58 medical and dental practices on map listings as of September 2026. Of those, 5 are chain locations, or 9%, against 11% across the U.S. That comes to 79.6 for every 10,000 households, 6% below the U.S. rate of 84.5.

Official counts show 28 businesses with payroll classed as offices of physicians, dentists, chiropractors, optometrists and therapists, and urgent care centers in the Spencer area in 2023, down 12.5% from 2019. That is one for every 260 households, against one for every 270 across the U.S. Another 19 one-person businesses have no payroll, by official counts. Since fiscal 2022, 1 SBA-backed loan worth $101K has gone to businesses classed as offices of physicians, dentists, chiropractors, optometrists and therapists, and urgent care centers 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 Groundwork market score for medical and dental practices in the Spencer area is 38 (lower middle), #382 of 538 scored small-town markets and #12 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 medical and dental services by the medical and dental practices counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Doctors, dentists and clinics in Spencer, IA area compared with Iowa and the U.S.
MeasureSpencer areaIowaU.S.
Listings per 10k households79.683.784.5
Spending per listing$166K$169K$152K
Households per official establishment260342270
Official establishment growth, 2019–2023−12.5%+0.7%+1.5%
Population growth, 2020–2025−0.8%+1.5%+3.1%
Spending per household on medical and dental services$1,321$1,412$1,288
Median household income$65,428$75,059$80,734
Groundwork market score3865

Official counts and lending

Businesses

Official establishments, 2019 to 2023
28−12.5% over the period
Employees, 2023
341
Annual payroll, 2023
$30M
One-person businesses, 2023
19Businesses with no payroll
Map listings, September 2026
585 chain locations
Listings at the U.S. rate for this spending
63The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$101K

SBA-backed loans to businesses classed as offices of physicians, dentists, chiropractors, optometrists and therapists, and urgent care centers 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 medical and dental practices 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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Doctors, dentists and clinics across Iowa

Every Iowa market ranked →

The highest-scoring small-town markets in Iowa for medical and dental practices, numbered among those based in Iowa, with the Spencer area marked.

Top small-town markets in Iowa

Small-town markets in Iowa ranked for medical and dental practices by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Le Mars, IA784745.6$317K0.0%#33 of 538
2Oskaloosa, IA754146.9$283K−1.2%#48 of 538
3Spirit Lake, IA724753.1$271K+1.7%#70 of 538
4Storm Lake, IA615066.3$209K−1.7%#157 of 538
5Pella, IA619974.3$192K+2.3%#162 of 538
6Ottumwa, IA589769.3$183K−0.3%#196 of 538
7Fort Madison, IA566545.4$281K−3.6%#210 of 538
8Burlington, IA-IL4810552.8$243K−2.5%#284 of 538
9Carroll, IA475663.6$215K−2.0%#294 of 538
10Marshalltown, IA4713385.8$156K−0.5%#302 of 538
12Spencer, IA385879.6$166K−0.8%#382 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 medical and dental practices are in the Spencer, IA area?

Map listings as of September 2026 show 58 medical and dental practices in the Spencer area. 5 of them (9%) are chain locations. The listings count every outpatient clinic and practice, and urgent care. Official counts show 28 businesses with payroll classed as offices of physicians, dentists, chiropractors, optometrists and therapists, and urgent care centers in 2023, down 12.5% from 2019. Official counts list 19 one-person businesses without payroll.

How much do households in the Spencer, IA area spend on medical and dental services?

About $9.6M a year, or $1,321 per household. That is 3% above the U.S. average (an index of 103, where 100 is the U.S. average). Spread across the 58 medical and dental practices on map listings, it comes to $166K per practice. 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 medical and dental practices?

The Spencer area has 79.6 medical and dental practices per 10,000 households, 6% below the U.S. rate of 84.5. Spending per practice is $166K, 9% above the U.S. figure of $152K. At the U.S. ratio of medical and dental practices to household spending, the Spencer area would have about 63, against 58 on map listings. There is one business with payroll in the industry for every 260 households, against one for every 270 across the U.S. The official count fell 12.5% from 2019 to 2023, against +1.5% for the U.S.

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 38 for medical and dental practices (lower middle), #382 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 medical and dental practices 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 medical and dental practices · 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.