At a Glance
Median Income
$64,031
$31,042 per capita
Home Value
$149,800
Zillow: $204,833
Median Rent
$1,042/mo
23.9% of income on rent
Violent Crime
237/100K
1,957/100K property
Bachelor's Degree+
21.4%
82.3% high school+
Unemployment
4.9%
9.6% poverty rate
Obesity Rate
39.3%
17.4% smoking rate
How Spencer Compares to the U.S. Average
Each bar shows Spencer's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Spencer a Good Place to Live?
B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Spencer residents earn a median household income of $64,031 , which is 15% below the national average of $75,149.
Per capita income is $31,042. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 9.6% of residents live below the poverty line. The area is home to 3,334 business establishments, including 235 restaurants.
Housing & Cost of Living
The median home value in Spencer is $149,800 , 47% below the national median of $281,900.
Zillow estimates the typical home at $204,833. Median rent is $1,042/month, with 23.9% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1958.
Safety & Crime
Spencer reports 237 violent crimes per 100,000 residents
, which is 38% below the national average of 380/100K.
Property crime is 1,957/100K.
Education
21.4% of adults in Spencer hold a bachelor's degree or higher
(36% below the national average).
82.3% have completed high school. Local schools score 4.7/10 in standardized testing.
Climate & Weather
Spencer has an average annual temperature of 59°F (15°C).
Winters average 40°F in January while summers reach 78°F in July. Annual precipitation totals 43.7 inches. Air quality is rated Good with a median AQI of 44.
Data Overview
People
Population3,305
Median Age45.7 yrs
Density972/mi²
Male / Female55% / 45%
Foreign Born1.5%
Veterans8.3%
Economy
B+
Median Income$64,031
Per Capita$31,042
Unemployment4.9%
Poverty9.6%
County GDP$7,886M
Avg Weekly Wage$1,106
Housing
A+
Home Value$149,800
Rent$1,042
Ownership64.3%
Zillow$204,833
Housing Units1,458
Rent Burden23.9%
Crime
F
Violent237/100K
Property1,957/100K
Health
Obesity39.3%
Diabetes12.0%
Smoking17.4%
Heart Disease6.1%
Premature Death12,312/100K
Climate
Avg Temp59°F
Rain43.7 in/yr
AQI44 (Good)
Elevation704 ft
Education
C+
Bachelor's+21.4%
High School+82.3%
Graduate+3.2%
School Score4.7/10
Community
2024 VoteR 68% / D 32%
Commute30 min
Broadband92.7%
Internet Speed195 Mbps
EV Stations1
Libraries5
Did You Know?
Spencer was founded in 1905.
The median home in Spencer was built in 1958.
17.1% work from home.
The nearest airport is Mid-Carolina Regional (6 miles).
The Gini coefficient (income inequality) is 0.450 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
17.0% of the population has a disability.
Average internet download speed is 195 Mbps.
There are 235 restaurants in the area.
The county recorded 21 fatal vehicle crashes.