Spencer, North Carolina Unemployment

Spencer, North Carolina has a population of 3,290, with a median household income of $50,400.

Current unemployment data for Spencer.

5.80%

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Population

3,290

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Median Income

$50,400

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Unemployment

5.80%

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Housing Price

$182,400

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Crime Rate

0.40

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Internet Speed

171.80 Mbps

Spencer is a small local community located in North Carolina. The city has a population that is below the average city population in North Carolina, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Spencer is a notable city in North Carolina, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Spencer has a population of 3,290, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Spencer is $50,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Spencer is about $182,400, making it relatively affordable compared to many cities in North Carolina.

Employment and Safety

The unemployment rate in Spencer is 5.80%, slightly above the state average, suggesting moderate employment conditions. Spencer has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in North Carolina, Spencer shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of North Carolina, Spencer contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Spencer

What is the population of Spencer?

The population of Spencer is approximately 3,290.

Is Spencer a good place to live?

Spencer offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Spencer?

The median household income in Spencer is around $50,400.

How expensive is housing in Spencer?

The average housing price in Spencer is approximately $182,400.