Spencer, NC Overview

Well known as the home of the North Carolina Transportation Museum, the small town of Spencer was incorporated in 1905.  The town and the museum share the same genesis. The area known as Spencer was undeveloped land until the Southern Railway selected it as the site of a major steam locomotive serving facility between Washington, D.C., and Atlanta, Georgia.  Since the plant employed thousands, a town sprang up around the facility.  Today, the museum invites visitors to experience the comprehensive transportation legacy of North Carolina in one convenient location.  The quaint town of Spencer also features a revitalized Main Street that brings back images of yesterday’s friendly shopkeepers and charming storefronts.  Spencer enjoys an ideal location off the bustling corridor of Interstate 85, which enhances access to the museum and the community’s quaint retail district.  A variety of affordable, attractive housing is available along quiet, tree-shaded streets or in the surrounding countryside.


Population Growth (since 2000) -5%
Population Density (ppl / mile) 1,063.00
Household Size (ppl) 2.585
Households w/ Children 24%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 40%
Median Year in Residency 3.77

Housing Inventory

Spencer, NC Housing Inventory 732 203 488 732 203

Market Overview

24 listings with an estimated median price of $185,085

Price Count
$0 - 100K 2
$100K - 200K 11
$200K - 300K 11
Property Type Count
Single Family 14
Commercial 9
Multi Family 1

(Data as of 5/14/2021)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Spencer, NC Population Demographics

Total: 3,259


Median Age: 39.69

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Spencer, NC Temperature

Weather Risk

Spencer, NC Weather Risk


The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Spencer, NC Education Climate Index

Highest Education Level Attained

Spencer, NC Highest Education Level Attained 257 576 167 135 305 171 578 257 576 167 135 305

Employment and Finance


Spencer, NC Workforce

Income by dollar range (Median Income: $42,811)

Spencer, NC Income by dollar range 114 84 68 115 65 79 54 55 53 151 243 52 33 18 23 7 3 3

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

One Bedroom
Two Bedroom
Three Bedroom
Four Bedroom

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.



The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Spencer, NC Crime

Start Searching Now!

Start your search for homes within Spencer, NC today.

Property Details
$ ,000
$ ,000
Property Types

Request More Information

Please fill out the following information and one of our agents will get back to you.