Spencer, TN Employment - Median Household Income, Unemployment Rate

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D-

35%

Income/capita NAT. AVG.

27%

Household income NAT. AVG.

52%

Unemployment NAT. AVG.

Index	Spencer	Tennessee	National
Income per capita	$19,511	$26,019	$29,829
Median household income	$40,556	$46,574	$55,322
Median income owner occupied	$48,714	$58,570	$70,586
Median income renter occupied	$18,750	$28,937	$35,192
Median earnings male	$34,632	$32,560	$36,919
Median earnings female	$16,538	$24,186	$26,250
Unemployment rate	2.2%	4.6%	4.7%
Poverty level	15.5%	17.2%	15.1%

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Key findings

The income per capita in Spencer is 35% lower than the national average
The median household income in Spencer is 27% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Spencer is 52% lower than the national average
The poverty level in Spencer is 3% higher than the national average

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am i middle class

$27,034 $40,556 $81,112

City

$31,046 $46,574 $93,148

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Spencer median earnings by income bracket

Spencer employment by industry

Labour Type	Male	Female
Construction industry	13.0%	13.0%
Manufacturing sector	26.4%	26.4%
Financial & insurance services	1.1%	1.1%
Wholesale & retail services	14.9%	14.9%
Public administration	8.8%	8.8%
Transportation, warehousing & utilities	0.4%	0.4%
Education, health & social services	15.3%	15.3%
Other	19.9%	19.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Doyle, TN	589	$32,500	41.3%
Pikeville, TN	2,465	$32,404	41.4%
Sparta, TN	4,942	$32,079	42.0%
Spencer, TN	1,387	$40,556	26.7%

Cities with similar population

City	Population	Household Income	National Avg.
Ferndale, CA	1,387	$59,545	7.6%
Westwood, CA	1,387	$38,063	31.2%
New Windsor, MD	1,387	$96,818	75.0%
Elroy, WI	1,387	$50,385	8.9%
Powerview-Pine Falls, MB	1,387	n/a
Spencer, TN	1,387	$40,556	26.7%

Source: The Spencer, TN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).