Spencer, Tennessee

US Census Bureau ACS 5-Year Estimates ยท 2022

TN

Spencer Demographics Overview

Total Population
1,469
ACS 2022 estimate
Median Household Income
$41,042
Annual household income
โ–ผ 45% vs US avg
Median Home Value
$119,600
Owner-occupied homes
โ–ผ 58% vs US avg
Median Gross Rent
$567
Monthly rent (incl. utilities)
โ–ผ 51% vs US avg
Median Age
47.7 years
Median age of residents
โ–ฒ 23% vs US avg

Income & Economy

Median Household Income
$41,042
US avg: $74,580
vs. National Median-45.0%

Housing

Median Home Value
$119,600
US avg: $281,900
Median Gross Rent
$567/mo
US avg: $1,163/mo
Rent vs. National Avg-51.2%

Population

Total Population1,469
Median Age
47.7 years
US avg: 38.9 yrs

Data Source

Data for Spencer comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Spencer, TN โ€” Frequently Asked Questions

Common questions about Spencer demographics

What is the population of Spencer, Tennessee?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Spencer, Tennessee is 1,469.

What is the median household income in Spencer?

The median household income in Spencer, Tennessee is $41,042 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Spencer?

Key cost indicators for Spencer, Tennessee:. Median home value: $119,600. Median gross rent: $567/month. Median household income: $41,042/year

What is the median home value in Spencer?

The median home value in Spencer, Tennessee is $119,600, compared to the national median of approximately $281,900.

What is the average age in Spencer?

The median age in Spencer, Tennessee is 47.7 years, compared to the US national median age of approximately 38.9 years.

Spencer, TN Demographics - Population, Income & Housing (2022)