Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.4 yrs |
|---|---|
| Avg HH Size | 2.46 |
| Below Poverty | 12.7% ▲ 27% above avg |
| College Grads | 37.4% ≈ Avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 10 (0.5%) |
| HS Graduate | 543 (27.3%) |
| Some College | 466 (23.4%) |
| Associates | 226 (11.4%) |
| Bachelors | 210 (10.6%) |
| Graduate Degree | 533 (26.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,396 ▼ 17% below avg |
|---|---|
| Median Home Value | $160,300 ▼ 43% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,042/mo |
| Total Housing Units | 1,458 |
| Vacant Units | 190 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Spencer is a city in North Carolina, located in Rowan County. The city spans 1 ZIP code and is home to approximately 3,181 residents. It is a middle-aged city, with a median age of 43.4 years.
Economically, Spencer is a solidly middle-class community. The median household income of $63,396 is below the national average. Approximately 12.7% of residents live below the poverty line. The unemployment rate is 5.1%, near the national average.
The real estate market in Spencer is an affordable housing market. Median home values stand at $160,300, which is below the national average. Renters typically pay around $1,042 per month. Homeownership is high at 62.0%, typical of suburban and family-oriented communities.
The population of Spencer is moderately educated. 37.4% of adults hold a bachelor's degree or higher — near the national average. The community is majority White (61.55%).
Spencer, NC offers residents a cost-conscious lifestyle within North Carolina.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 28159 | 3,181 | $63,396 | $160,300 | $1,042 | 5.1% | 37.4% | 62.0% |