Spencer vs Banner Hill
Side-by-side comparison
How does Spencer, TN compare to Banner Hill, TN? Spencer has a population of 1,494 with a median household income of $46,563, while Banner Hill has 1,519 residents and a median income of $66,270. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Spencer, TN | Banner Hill, TN | Difference |
|---|---|---|---|
| Population | 1,494 | 1,519 | -1.6% |
| Median Age | 48.8 | 40.4 | +20.8% |
| Foreign Born % | 0.3% | 0% | +30.0% |
| Metric | Spencer | Banner Hill | Difference |
|---|---|---|---|
| Median Income | $46,563 | $66,270 | -29.7% |
| Unemployment | 0.5% | 8.6% | -94.2% |
| Poverty Rate | 9.8% | 21% | -53.3% |
| Bachelor's+ | 8.9% | 12.1% | -26.4% |
| Metric | Spencer | Banner Hill | Difference |
|---|---|---|---|
| Home Value | $135,000 | $120,700 | +11.8% |
| Median Rent | $643/mo | $0/mo | +64300.0% |
| Housing Units | 759 | 570 | +33.2% |