Spencer vs Raleigh
| Spencer | Raleigh | |
|---|---|---|
| Population | 3,296 | 465,517 |
| Median Household Income | $65,465 | $85,395 |
| Median Home Value | $201,700 | $415,800 |
| Median Gross Rent | $1,000/mo | $1,572/mo |
| Homeownership Rate | 72.7% | 50.7% |
| Unemployment Rate | 7.1% | 4.4% |
| Bachelor's Degree or Higher | 25.6% | 54.0% |
| Median Age | 44.2 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.