Banner Hill vs Spencer
Side-by-side comparison
How does Banner Hill, TN compare to Spencer, TN? Banner Hill has a population of 1,519 with a median household income of $66,270, while Spencer has 1,494 residents and a median income of $46,563. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Banner Hill, TN | Spencer, TN | Difference |
|---|---|---|---|
| Population | 1,519 | 1,494 | +1.7% |
| Median Age | 40.4 | 48.8 | -17.2% |
| Foreign Born % | 0% | 0.3% | -30.0% |
| Metric | Banner Hill | Spencer | Difference |
|---|---|---|---|
| Median Income | $66,270 | $46,563 | +42.3% |
| Unemployment | 8.6% | 0.5% | +810.0% |
| Poverty Rate | 21% | 9.8% | +114.3% |
| Bachelor's+ | 12.1% | 8.9% | +36.0% |
| Metric | Banner Hill | Spencer | Difference |
|---|---|---|---|
| Home Value | $120,700 | $135,000 | -10.6% |
| Median Rent | $0/mo | $643/mo | -100.0% |
| Housing Units | 570 | 759 | -24.9% |