Spencer, New York.
. Binghamton, NY metro.
to buy the typical home at today's mortgage rate — +$1,478 (+116%) since Jan 2020.
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New York$2,755
- United States$1,922
Living in Spencer, Tioga County, New York
Spencer is a village of 719 people in Tioga County. Unemployment in Tioga County was 3.7% in August 2026, and the county had 0.2% fewer jobs in 2025 than the year before. The most people in Tioga County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Spencer is a small village in Tioga County, in the southern part of New York State. Winters are cold, with January the coldest month, and summers are warm, with August the warmest. Fewer adults here hold a four-year degree than in many places, and most people who commute have a drive of a fair length to reach work.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and professional and business services also employing many. Across Tioga County, some of the largest workplaces are Lockheed Martin in Owego, the Owego-Apalachin Central School District and the Waverly Central School District. Unemployment across the county is close to where it was a year ago, and the number of jobs has slipped slightly.
Things to do. Cayuga Inlet, a river, is a short drive away. Farther afield, Watkins Glen State Park is a protected area known for its gorge and trails, and the Corning Museum of Glass is one of the best known museums of its kind. Watkins Glen International, a race track, is also a longer drive away.
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- 364households
- 28%of adults have a degree
- 25 mintypical commute
- 10%work from home
What people in Tioga County work in
Employed residents by industry, from the Census survey. Tioga County had 13,068 jobs in 2025, 0.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 14°; warmest in August, with highs near 80° and lows near 54°.
Average daily high and low, 1991–2020, at the Spencer Northeast weather station, a mile away (NOAA).
Largest workplaces in Tioga County
- Lockheed Martin Corporation US NY Owego State Route 17C (1233)Aeronautical systems and instruments manufacturing2,404
- CVS Pharmacy, Inc.General warehousing and storage453
- Crown Cork & Seal - Nichols PlantsBeer cans, light gauge metal, manufacturing319
- Owego-apalachin Central School DistrictSchool district285FTE
- Waverly Central School DistrictSchool district273FTE
- Newark Valley Central School DistrictSchool district234FTE
- 37 N Chemung Street Operating CompanyNursing homes229
- Leprino FoodsMilk, acidophilus, manufacturing225
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 27 workplaces with 20 or more staff, 4,916 people in all across the county; Spencer has one of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- DroughtRelatively moderate
- Inland floodingRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Spencer’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Tioga County and the Binghamton, NY metro.
Spencer home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
Not enough data to draw this yet.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Spencer11
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Spencer address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Spencer — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.