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North Carolina · Census place 19860

East Spencer town, NC

Quick answer

East Spencer town has 1,309 residents, ranking #413 of 777 places in North Carolina. Median household income is $34,696, the median home is worth $108,500 and median gross rent runs $733 a month.

Population
1,309East Spencer town residents
Median household income
$34,696Past 12 months, inflation adjusted
Median home value
$108,500Owner-occupied units
Median gross rent
$733Rent plus utilities, monthly
Median age
53.6 yrsAll residents
Homeownership rate
52.2%Owner-occupied households

What the numbers mean in East Spencer town

Housing cost measured against local earnings.

A household earning the East Spencer town median would spend about 25.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 28.9% of residents and 52.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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