Living in East Spencer, North Carolina
Cost of living, income, home prices, rent and demographics of East Spencer · Census data 2020–2024
East Spencer has 1,434 residents with a median age of 51. The median household income is $34,417 (52% lower than the North Carolina median), the median home value is $112,000, the median rent is $677/month.
East Spencer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
East Spencer at a glance
- Population
- 1,434
- Median age
- 51State: 39.1
- Median household income
- $34,417State: $72,388
- Median home value
- $112,000State: $288,900
- Median rent
- $677/moState: $1,228
- Homeowners
- 52.9%
- Bachelor's degree or higher
- 11.9%
- Average commute
- 23 min
Is East Spencer a good place to live?
Pros: Home values 61% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 52% lower than the North Carolina median; unemployment of 12.8%; a poverty rate of 26.7%.
The weather is best in April–May and September–October.
Cost of living in East Spencer
Housing is the biggest part of the cost of living. In East Spencer the median home value is $112,000, 66% lower than the U.S. median. Renters pay a median of $677 per month, which is 43.9% of household income. Homeowners with a mortgage pay $1,095 a month in housing costs.
East Spencer median household income
The median household income in East Spencer is $34,417 and the income per person is $28,138. 26.7% of residents live below the poverty line (North Carolina: 13%).
Housing in East Spencer: homes for sale and rent
- Housing units
- 812
- Owner-occupied
- 52.9%
- Renter-occupied
- 47.1%
- Vacant
- 7.6%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 1.91
East Spencer demographics
- Population
- 1,434
- Median age
- 51
- Under 18
- 14.2%
- 65 and older
- 29.7%
- Households
- 750
- Foreign-born
- 4.5%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of East Spencer ›
Education in East Spencer
11.9% of adults 25 and older in East Spencer have a bachelor's degree or higher (North Carolina: 35.7%), and 1% have a graduate or professional degree.
Jobs and commute in East Spencer
- Unemployment rate
- 12.8%State: 4.7%
- Average commute
- 23 minState: 25 min
- Work from home
- 2.9%
- Drive alone
- 80.8%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 83.3%
East Spencer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| East Spencer | 1,434 | $34,417 | $112,000 | $677 |
| Spencer | 3,349 | $65,465 | $201,700 | $1,000 |
| Salisbury | 35,825 | $53,716 | $242,500 | $1,071 |
| Granite Quarry | 3,043 | $57,981 | $257,300 | $1,099 |
| Faith | 917 | $139,844 | $264,000 | $944 |
| Southmont | 1,525 | $91,307 | $424,100 | — |
| Tyro | 3,833 | $58,364 | $191,800 | $746 |
| Rockwell | 2,782 | $69,632 | $237,200 | $952 |
| China Grove | 4,530 | $54,083 | $225,800 | $993 |
More for people moving to East Spencer
East Spencer ZIP code ›Weather and climate ›Living in East Spencer: FAQ
What is the median household income in East Spencer, NC?
The median household income in East Spencer is $34,417, 52% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in East Spencer?
The median home value in East Spencer is $112,000, compared with $288,900 in North Carolina.
How much is rent in East Spencer?
The median gross rent in East Spencer is $677 per month, about 43.9% of household income.
Is East Spencer, NC a good place to live?
Pluses: home values 61% lower than the state median; an average commute of 23 minutes. Minuses: median household income 52% lower than the North Carolina median; unemployment of 12.8%; a poverty rate of 26.7%.
What is the median age in East Spencer?
The median age in East Spencer is 51 years (North Carolina: 39.1).
How long is the commute in East Spencer?
The average commute to work in East Spencer is 23 minutes; 2.9% of workers work from home.
What is the unemployment rate in East Spencer?
The unemployment rate in East Spencer is 12.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is East Spencer?
11.9% of adults in East Spencer have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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