Spencer
Spencer has notably lower household income than the US average, with a median household income of $25,583. The city has grown rapidly, with population up 52% since 1990. 7% of adults hold a bachelor's degree or higher, below the national rate of 24%. Median home value has risen by half since 1990, reaching $51,300. The poverty rate of 23.9% is well above the national figure. Households here earn about 30% less than the Tennessee median.
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How many people live in Spencer, Tennessee?
Spencer, Tennessee has about 1,713 residents according to the 2000 Census.
What is the median household income in Spencer, Tennessee?
The typical household in Spencer, Tennessee earns about $25,583 a year. Half of households make more than that, and half make less.
Is Spencer, Tennessee expensive?
In Spencer, Tennessee, the median home is worth about $51,300, and the typical rent is about $313 a month.
How educated are people in Spencer, Tennessee?
About 7.3% of adults age 25 and over in Spencer, Tennessee hold a bachelor's degree or higher.
What is the poverty rate in Spencer, Tennessee?
About 23.9% of people in Spencer, Tennessee live below the federal poverty line.
Has Spencer, Tennessee grown since 1990?
Yes, Spencer, Tennessee has grown since 1990. The population has added about 588 residents, a change of about 52 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024