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AREA INFORMATION

Spencer, TN

Explore the real estate in Spencer, TN

Area Highlights

Spencer, TN residents have a median age of 45.5 years old, with employment highest in the administrative support and education industries.

1,634 Population

The population has increased by 5.3% since the year 2000.

640 Households

The annual residential turnover is 0% in this area.

$47,304 /yr
Median Household Income

$102,000
Median Home Sale Price

22m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

45.5 Median Age
3 /5
Educational Climate Score
Factors include income, educational achievement, and the occupations of residents. This may not reflect the nature of an individual school.

38.1%

Married
This location’s average annual expenditures compared to the national average. Index score (100=National Average)

Community Population By Education

High School Graduate 46%
Some College 15%
Some High School 14%
Less than 9th Grade 13%
Associates Degree 6%
Bachelors Degree 4%
Graduate Degree 3%
Of the 1,178 people surveyed, the most prevalent educational attainment level is High School Graduate by 537 people, representing 46% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
21.6% of households have children

Area Schools

PRESCHOOL-5
4.4 MILES


Spencer Elementary School

6-12
4.4 MILES


Van Buren Co High School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$47,304 /yr
Median Household Income
30%
increase in household
income since the year 2000.
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

There are 640 households in this area. The largest income group of $75-100k is made out of 96 households.

Transportation to Work

  • Drive 93%
  • Walk or Bike 4%
  • Work from Home 3%
  • Public Transit 0%

Occupancy by Type

Owned 494 70%
Rented 145 20%
Vacant 69 10%

White vs Blue Collar Jobs







White Collar 66%
Blue Collar 34%

Employment

Employees by Industry

  • Agriculture 0
  • Mining 11
  • Manufacturing 13
  • Transportation 15
  • Sales 38
  • Finance 10
  • Personal Care 5
  • Food Service 21
  • Education 52
  • Engineering 5

Employees by Occupation

  • Agriculture 0
  • Management 18
  • Construction 11
  • Protective Services 1
  • Transportation 15
  • Labor 1
  • Education 52
  • Food Service 21
  • Computer 4
  • Arts 3
  • Legal 1

Demographics

Community Population By Age

The median age for this area is 45.5 years old. There are 124 people aged 65-69. 123 aged 60-64 and 116 aged 70-74.

Community Population By Ethnicity

White 1,577 99%
Black 12 <1%
Hispanic 7 <1%
Asian 2 <1%
Other 1 <1%
Native American 0 <1%
Hawaiian 0 <1%
Of the 1,599 people surveyed, the most prevalent ethnicity is White at 99%, followed by Black at <1%, Hispanic at <1%, and Asian at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

84° August
Hottest Average Month
29° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
29°
46°
Feb
31°
49°
Mar
38°
58°
Apr
47°
68°
May
55°
74°
Jun
62°
81°
Jul
66°
83°
Aug
65°
84°
Sep
58°
77°
Oct
48°
68°
Nov
40°
59°
Dec
31°
48°

Average Temperature in Degrees Fahrenheit

Humidity & Precipitation

Relative Humidity (%)
Precipitation (inch)
Weather Data Source: CROSSVILLE MEM WHIT

Listings in the Area

$10,500
For sale

00 Spencer Dr Lot 8
Spencer, TN 38585

$11,999
For sale
1 acreage

Branch Creek Rd
Spencer, TN 38585

$12,500
For sale

0 Spencer Dr Lot 9
Spencer, TN 38585

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Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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