13 Spencer, TN 38585, USA apartments for sale
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Spencer
According to statistics, the population in Spencer, TN amounts to 1,729, which shows growth 8% compared to the previous year. The median age of the city’s residents is 47. The average household income is $34,432, shifting growth 10% from the past year, and the average property value in Spencer, TN decline -1% to $83,400 throughout the year.
| Population | 1,729 |
| Median Age | 47 |
| Poverty Rate | 26% |
| Household Income | $34,432 |
| Number Of Employees | 611 |
| Median Property Value | $83,400 |
Household Income
The average household income in Spencer, TN grew from $31,429 to $34,432 in the past year. This data is an estimate based upon 652 households in Spencer, TN . The chart below presents how household income is distributed in Spencer, TN in comparison to the revenue allocation amid households nationally.
- USA
- Spencer, TN
Property Value
According to data from last year, the average property value in Spencer, TN shifted from $83,900 to $83,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Spencer, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Spencer, TN properties falls in the '$70,000 to $79,999' range, which is lower than the most significant median property across the country.
- USA
- Spencer, TN
Rent vs. Own
- Rent84%
- Own16%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Spencer, TN compared to median property taxes around the country. The prevalent amount of property taxes in Spencer, TN equals $800, which is less than the national average.
- USA
- Spencer, TN