Lone Oak vs Spencer
Side-by-side comparison
How does Lone Oak, TN compare to Spencer, TN? Lone Oak has a population of 1,463 with a median household income of $53,214, 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 | Lone Oak, TN | Spencer, TN | Difference |
|---|---|---|---|
| Population | 1,463 | 1,494 | -2.1% |
| Median Age | 52 | 48.8 | +6.6% |
| Foreign Born % | 0.5% | 0.3% | +20.0% |
| Metric | Lone Oak | Spencer | Difference |
|---|---|---|---|
| Median Income | $53,214 | $46,563 | +14.3% |
| Unemployment | 0% | 0.5% | -50.0% |
| Poverty Rate | 13.9% | 9.8% | +41.8% |
| Bachelor's+ | 17.8% | 8.9% | +100.0% |
| Metric | Lone Oak | Spencer | Difference |
|---|---|---|---|
| Home Value | $241,100 | $135,000 | +78.6% |
| Median Rent | $820/mo | $643/mo | +27.5% |
| Housing Units | 567 | 759 | -25.3% |