Groundwork

Real estate · Small-town market · Iowa

Property management companies in the Spencer, IA area

The property management companies in the Spencer, IA area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score

Not scored

The score needs at least 5 listings; this market has 3.

Listings
3
0 chain locations (0%)
Official establishments
3
Businesses with payroll, 2023
Household spending a year
$96.7M
On rent and homeowner costs · $13,275 a household
Housing spending per listing (U.S. = 100)
58
42% below the U.S.
Listings per 10k households
4.1
37% above the U.S.
Population, 2025
16,202
−0.8% since 2020

See the property management companies around any address in the Spencer area

The site report maps the property management companies 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.

Free10 actions over 3 days, no card

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 3 property management companies in the Spencer area. Per 10,000 households, that is 4.1, 37% above the U.S. rate of 3.0.

At $13,275 per household (20% below the U.S. average), households in the Spencer area spend about $96.7M a year on rent and homeowner costs. Housing spending per company is 42% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

The official count of businesses with payroll classed as residential and commercial property managers in the Spencer area was 3 in 2023. That is one for every 2,427 households, against one for every 1,638 across the U.S.

Between 2020 and 2025, the population of the Spencer area declined 0.8%, against +3.1% for the U.S. With 3 property management companies on map listings, the Spencer area isn’t given a market score: the score needs at least 5, since one listing more or less would swing it.

How the Spencer area compares

The same measures for Iowa and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Spencer, IA area compared with Iowa and the U.S.
MeasureSpencer areaIowaU.S.
Listings per 10k households4.12.03.0
Housing spending per listing (U.S. = 100)58124100
Households per official establishment2,4273,1101,638
Official establishment growth, 2019–2023n/a+2.9%+11.4%
Population growth, 2020–2025−0.8%+1.5%+3.1%
Spending per household on rent and homeowner costs$13,275$14,016$16,661
Median household income$65,428$75,059$80,734
Groundwork market scoreNot scored63

Official counts and lending

Businesses

Official establishments, 2019 to 2023
3
Employees, 2023
78
Annual payroll, 2023
$2.2M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
30 chain locations
Listings at the U.S. rate for this spending
2The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as residential and commercial property managers 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 property management companies 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.

Free10 actions over 3 days, no card

Other business types in the Spencer area

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

Questions

How many property management companies are in the Spencer, IA area?

The Spencer area has 3 property management companies on map listings as of September 2026. The listings count property management companies. Official counts show 3 businesses with payroll classed as residential and commercial property managers in 2023.

How much do households in the Spencer, IA area spend on rent and homeowner costs?

About $96.7M a year, or $13,275 per household. That is 20% below the U.S. average (an index of 80, where 100 is the U.S. average). For the 3 property management companies on map listings, housing spending per company is 42% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. 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 property management companies?

The Spencer area has 4.1 property management companies per 10,000 households, 37% above the U.S. rate of 3.0. The index of housing spending per company is 58, where 100 is the U.S. At the national ratio of property management companies to household spending, the Spencer area would have about 2, against 3 on map listings. There is one business with payroll in the industry for every 2,427 households, against one for every 1,638 across 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 has no market score for property management companies: the score needs at least 5 on map listings, and it has 3.

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 property management companies 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 property management companies · 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.