Spencer, TN Real Estate
According to census data in the year 2000 there were 713 housing units in Spencer.
This represents a 53% growth from 466 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 713 were located in what is classified as a rural area.
Homeownership rate in Spencer is about 79.1%.
Spencer's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Spencer were built after 1976.
|Housing Units by Size|
|Five Bedrooms or more||0.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.42|
|Median year structure was built||1975|
|Median Value of occupied units||$54,100|
|Median Price asked for vacant units||$40,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1980|
|Median Monthly Rent asked for vacant units||$180|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.2%|