Median Household Income
$46,705 ± $10,590
Median Home Value
$150,800 ± $26,205
Median Gross Rent
$575 ± $427/mo
Per Capita Income
$25,361
Poverty Rate
8.8%
Unemployment Rate
0.5%
Homeownership Rate
73.9%
Bachelor's Degree or Higher
11.3%
Median Age
51.9
Average Commute
23 min
Households
658
Veterans
64
Population Over Time
Spencer shrank 17.1% from 2014 to 2024.
2014
1,823
2016
1,594
2018
1,614
2020
1,387
2022
1,469
2024
1,511
Population by Race & Ethnicity
White
92.0%
Hispanic or Latino
2.5%
Black or African American
0.4%
Asian
0.0%
Nearby Cities in Tennessee
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.