With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Spencer, IA.
In Spencer, a diverse range of industries contributes to the city's economic growth and job opportunities. Health care plays a vital role in providing essential services while ensuring employment for many professionals. Retail businesses cater to the needs of residents and visitors alike, establishing a strong customer base. Manufacturing and trade contribute significantly to the city's financial stability, creating ample job prospects for skilled workers. Additionally, the education sector holds great importance as it nurtures future generations and supports academic career paths. Overall, Spencer offers various employment options across these key industries, making it an attractive destination for job seekers.
In the city, the employment landscape presents unique factors to consider for jobseekers. With an average salary of $58,491, wages stand at approximately 15.51% below the national average. However, this is balanced by a significantly lower cost of living, which is about 24.0% below average compared to other cities in the country. Commuting within the city is notably convenient, averaging a mere 15 minutes for most residents. Additionally, nearly half (49%) of the population receives health insurance from their employer, providing further stability and support for those employed here.
In Spencer, Iowa, the local economy currently experiences an unemployment rate of 4.00%, which is slightly above the country's average of 3.8%. Despite this, the city anticipates moderate job market growth in the coming years. This indicates that potential opportunities may arise for jobseekers considering a move to Spencer, as the job market continues to evolve and expand.
Explore an array of opportunities by searching for jobs in Spencer with Joblift, tailored to suit your skills and experience. Utilize our advanced search and Job Coach tool to find the ideal job in this wonderful city.