Spencer town, North Carolina Demographics & Population 2026

Population Overview

Spencer town is a small community located in North Carolina. The total population is 3,305. It ranks as the 242nd most populous out of 774 cities and towns in North Carolina.

Age Demographics

The median age in Spencer town is 45.7 years. This is 17% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Spencer town is $64,031. This is 8% lower than the state median of $69,904. Compared to the national median of $78,538, household income here is 18% lower. The poverty rate stands at 13.1%. This is about average than the state poverty rate of 13.2%. The unemployment rate is 4.9%. The median home value is $149,800. Housing costs are 42% lower than the state median of $259,400. With a home-value-to-income ratio of just 2.3x, Spencer town is one of the most affordable housing markets in the area. 64.3% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 66.4%.

Race & Ethnicity

The largest racial or ethnic group in Spencer town is White (non-Hispanic), making up 61.2% of the population. Black or African American residents account for 33.5%. The Black or African American population is significantly higher than the state average (33.5% vs 20.3%). The Hispanic or Latino population (4.4%) is well below the state average of 10.9%.

Education

21.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 34.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.3%.

Data Sources & Methodology

All demographic data for Spencer town, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 774 Census-designated places in North Carolina. For official data, visit data.census.gov.