Spencer vs Lone Oak
Side-by-side comparison
How does Spencer, TN compare to Lone Oak, TN? Spencer has a population of 1,494 with a median household income of $46,563, while Lone Oak has 1,463 residents and a median income of $53,214. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Spencer, TN | Lone Oak, TN | Difference |
|---|---|---|---|
| Population | 1,494 | 1,463 | +2.1% |
| Median Age | 48.8 | 52 | -6.2% |
| Foreign Born % | 0.3% | 0.5% | -20.0% |
| Metric | Spencer | Lone Oak | Difference |
|---|---|---|---|
| Median Income | $46,563 | $53,214 | -12.5% |
| Unemployment | 0.5% | 0% | +50.0% |
| Poverty Rate | 9.8% | 13.9% | -29.5% |
| Bachelor's+ | 8.9% | 17.8% | -50.0% |
| Metric | Spencer | Lone Oak | Difference |
|---|---|---|---|
| Home Value | $135,000 | $241,100 | -44.0% |
| Median Rent | $643/mo | $820/mo | -21.6% |
| Housing Units | 759 | 567 | +33.9% |