Spencer, West Virginia
Moving to or Living in Spencer Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Spencer, West Virginia
Moving to Spencer In West Virginia ? Find out the best and worst about to live, raise a family or retire in Spencer, the Pros and Cons of Living in Spencer.
Explore the life in Spencer based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Spencer, West Virginia
Is Spencer, West Virginia a good place to live?
Spencer is a city in West Virginia state in USA with a population of 2079 residents..
The poverty rate of Spencer is 30.9%, which is 121% higher than national average.
The typical household in Spencer earns $24309 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 74.1% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Spencer are struggling financially. Nearly one in every 1 in every 9 workers in Spencer is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Spencer, only 71% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Spencer remained 11%, which is 134% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Spencer, only 12% of adults have a bachelor's degree and 18% have some college but no degree.
Cost of living in Spencer is 0, which is 100% lower than national average. Median home value in Spencer is $73900 , which is 68% lower than national average. While median income in Spencer remained $24309, which is 64% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Spencer, only 71% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Spencer remained 11%, which is 134% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Spencer, only 12% of adults have a bachelor's degree and 18% have some college but no degree.
Cost of living in Spencer is 0, which is 100% lower than national average. Median home value in Spencer is $73900 , which is 68% lower than national average. While median income in Spencer remained $24309, which is 64% lower than national average.
Population
2079
Unemployment
11%
Poverty
30.9%
Overall Score
3
Median Home
$73900
68%
NAT AVG.
Median Income
$24309
64%
NAT AVG.
Median Rent
$434
63%
NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 9
People Earning < $10,000
1 in 5
People Earning < $50,000
74.1%
People with <= High School
1 in 1.4
People With Any Degree
1 in 6.3
Pros & Cons Overview
Jobs30%
Housing30%
Affordability60%
Safety70%
Amenities70%
Diversity30%
Education40%
Commute90%
Gender
| Gender | Spencer | West Virginia | Country |
|---|---|---|---|
| Female | 55.2% | 50.6% | 50.8% |
| Male | 44.8% | 49.4% | 49.2% |
Gender
Household Income
| Income | Spencer | West Virginia | Country |
|---|---|---|---|
| Less than $10,000 | 20% | 8.5% | 5.8% |
| $10,000 to $14,999 | 7.6% | 5.9% | 4.1% |
| $15,000 to $24,999 | 23.7% | 12.3% | 8.5% |
| $25,000 to $34,999 | 14% | 10.8% | 8.6% |
| $35,000 to $49,999 | 8.8% | 14.2% | 12.0% |
| $50,000 to $74,999 | 7.3% | 17.9% | 17.2% |
| $75,000 to $99,999 | 7.3% | 11.6% | 12.8% |
| $100,000 to $149,999 | 8.8% | 11.9% | 15.6% |
| $150,000 to $199,999 | 2.1% | 3.9% | 7.1% |
| $200,000 or more | 0.4% | 3% | 8.3% |
Education
| Education | Spencer | West Virginia | Country |
|---|---|---|---|
| < 9th Grade | 12% | 4% | 5.0% |
| 9-12th Grade | 17% | 8% | 7.0% |
| High School or GED | 41% | 40% | 27.0% |
| Other College | 14% | 19% | 20.0% |
| Associate's Degree | 4% | 8% | 9% |
| Bachelor's Degree | 7% | 13% | 20.0% |
| Master's Degree | 5% | 6% | 9.0% |
| Professional Degree | 0% | 1% | 2.0% |
| Doctorate Degree | 0% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Spencer | West Virginia | Country |
|---|---|---|---|
| White | 96.9% | 91.5% | 60.1% |
| African American | 0% | 3.5% | 12.2% |
| American Indian | 0% | 0.2% | 0.6% |
| Asian | 0% | 0.8% | 5.6% |
| Hawaiian | 0% | 0% | 0.2% |
| Other | 0% | 0.2% | 0.3% |
| Multiracial | 2.2% | 2.2% | 2.8% |
| Hispanic | 0.9% | 1.6% | 18.2% |