Spencer vs Lowell
| Spencer | Lowell | |
|---|---|---|
| Population | 5,637 | 114,737 |
| Median Household Income | $59,931 | $78,658 |
| Median Home Value | $341,300 | $429,200 |
| Median Gross Rent | $1,049/mo | $1,625/mo |
| Homeownership Rate | 40.2% | 43.2% |
| Unemployment Rate | 6.4% | 5.7% |
| Bachelor's Degree or Higher | 16.8% | 30.0% |
| Median Age | 53.4 | 35.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.