Housing data for East Spencer, NC
East Spencer, NC has an estimated 1,434 residents and 812 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Rowan County.
47.1% of households rent.
The median gross rent is $677 a month.
Figures last updated on .
- Residents
- 1,434 (±359)
- Housing units
- 812 (±206)
- Households that rent
- 47.1%
- Median gross rent
- $677
- Residents since 2015–2019
- +7.3%
What stands out in East Spencer
Households that rent: 47.1% (±15.1 points) in East Spencer, higher than in Rowan County (27.7%).
Median home value: $112,000 (±$14,700) in East Spencer, lower than in Rowan County ($238,400).
Median household income: $34,417 (±$19,881) in East Spencer, lower than in Rowan County ($65,725).
Homes built before 1980: 74.0% (±20.2 points) in East Spencer, higher than in Rowan County (46.7%).
Housing in East Spencer at a glance
- Median rent: $677 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $908 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 67.6% of renters pay 30% or more of income
- Renters and owners: 47.1% of households rent
- Income and affordability: $34,417 median household income (Small sample: wide margin of error)
- Home values: $112,000 median home value
- Homeowner costs: $1,095 median monthly cost with a mortgage
- Property taxes: $957 median real estate taxes a year
- Types of homes: 11.6% of homes are in buildings of 5 or more units
- Bedrooms: 66.4% of homes have 3 or more bedrooms
- Age of homes: 74.0% of homes were built before 1980
- Vacancy rate: 7.6% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 67.6% heat with electricity
- Commute and cars: 22.8 minutes average trip to work
- Crime reported to police: 438 violent crimes per 100,000 residents
- Growth: +7.3% residents since 2015–2019
- How long people stay: 16.5% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 2.1% of homes have more than 1 person per room (Small sample: wide margin of error)
East Spencer against Rowan County, its state and the nation
| East Spencer | Rowan County | North Carolina | United States | |
|---|---|---|---|---|
| Residents | 1,434 (±359) | 149,875 (exact) | 10,730,404 (exact) | 334,922,499 |
| Housing units | 812 (±206) | 64,975 (±53) | 4,895,668 (±642) | 143,775,355 |
| Households that rent | 47.1% (±15.1 points) | 27.7% (±1.8 points) | 33.4% (±0.2 points) | 34.8% |
| Median gross rent | $677 (±$466) | $1,013 (±$35) | $1,228 (±$5) | $1,413 |
| Median household income | $34,417 (±$19,881) | $65,725 (±$2,025) | $72,388 (±$324) | $80,734 |
| Median home value | $112,000 (±$14,700) | $238,400 (±$7,874) | $288,900 (±$1,086) | $332,700 |
| Median real estate taxes (a year) | $957 (±$298) | $1,554 (±$53) | $1,896 (±$8) | $3,119 |
| Built before 1980 | 74.0% (±20.2 points) | 46.7% (±2.3 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 22.8 minutes (±3.6) | 26.2 minutes (±0.9) | 25.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 83.3% (±8.4 points) | 90.2% (±1.0 points) | 90.1% (±0.2 points) | 91.0% |
| Median age of residents | 51.0 years (±11.1) | 40.4 years (±0.4) | 39.1 years (±0.2) | 38.9 years |
East Spencer covers 2.4 square miles of land, about 586 residents per square mile (Census Bureau Gazetteer).
How East Spencer has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,336 (±342) | 1,434 (±359) | +7.3% | Not a measurable change |
| Housing units | 705 (±106) | 812 (±206) | +15.2% | Not a measurable change |
| Median gross rent | $507 (±$70) | $677 (±$466) | +33.5% | No measurable change after inflation |
| Median home value | $79,500 (±$8,959) | $112,000 (±$14,700) | +40.9% | No measurable change after inflation |
| Median household income | $33,633 (±$6,906) | $34,417 (±$19,881) | +2.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,105 (±$169) | $1,095 (±$67) | −0.9% | Down after inflation |
| Median real estate taxes | $910 (±$135) | $957 (±$298) | +5.2% | No measurable change after inflation |
| Households that rent | 56.5% (±11.8 points) | 47.1% (±15.1 points) | −9.4 percentage points | Not a measurable change |
| Rental vacancy rate | 3.8% (±4.8 points) | 7.6% (±8.0 points) | +3.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in East Spencer
In 2023, the East Spencer Police Department reported 438 violent and 3,000 property crimes per 100,000 residents to the FBI.
ZIP codes in East Spencer
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 28039 | 100% | 39 | — | — | — |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near East Spencer
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Spencer | 1.4 mi | $1,000 | $201,700 | 27.3% |
| Salisbury | 4.0 mi | $1,071 | $242,500 | 48.2% |
| Granite Quarry | 4.8 mi | $1,099 | $257,300 | 21.0% |
| Faith | 6.5 mi | $944 | $264,000 | 13.4% |
| Southmont | 8.5 mi | — | $424,100 | 6.8% |
| Tyro | 8.7 mi | $746 | $191,800 | 19.9% |
| Rockwell | 8.8 mi | $952 | $237,200 | 31.7% |
| China Grove | 11 mi | $993 | $225,800 | 34.7% |
Places in North Carolina most like East Spencer
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| St. Pauls | $781 | $111,000 | $36,800 | 46.4% |
| Fairmont | $603 | $106,800 | $36,641 | 53.2% |
| Williamston | $684 | $107,100 | $38,738 | 49.5% |
| Rockingham | $659 | $150,800 | $37,224 | 38.5% |
| Hamlet | $640 | $112,600 | $41,590 | 48.0% |
| Rowland | $733 | $118,000 | $32,500 | 41.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across North Carolina.
HUD Fair Market Rent for East Spencer, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $992 | $1,012 | $1,262 | $1,604 | $2,109 |
HUD income limits for East Spencer, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $17,500 | $29,200 | $46,700 |
| 2 people | $21,640 | $33,400 | $53,400 |
| 3 people | $27,320 | $37,550 | $60,050 |
| 4 people | $33,000 | $41,700 | $66,700 |
| 5 people | $38,680 | $45,050 | $72,050 |
| 6 people | $44,360 | $48,400 | $77,400 |
| 7 people | $50,040 | $51,750 | $82,750 |
| 8 people | $55,050 | $55,050 | $88,050 |
These are the limits HUD sets for its housing programs in the Rowan County, NC HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $79,000.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about East Spencer
Are renters in East Spencer rent-burdened?
67.6% of renting households in East Spencer pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in East Spencer?
East Spencer has an estimated 353 (±159) renting households, 47.1% of its occupied homes (2020–2024 American Community Survey).
What is the average home value in East Spencer, NC?
The Census Bureau publishes the median: $112,000 (±$14,700) for owner-occupied homes in East Spencer (2020–2024 American Community Survey).
What is the average mortgage payment in East Spencer?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in East Spencer, NC is $1,095 (±$67) a month, including taxes, insurance and utilities.
How much are property taxes in East Spencer?
The median real estate tax paid by homeowners in East Spencer, NC is $957 (±$298) a year (2020–2024 American Community Survey).
How many homes are in East Spencer?
East Spencer, NC has an estimated 812 (±206) housing units, occupied and vacant (2020–2024 American Community Survey).
Is East Spencer growing?
In East Spencer, the number of residents went from 1,336 in 2015–2019 to 1,434 in 2020–2024 (+7.3%), not a measurable change.
What ZIP codes are in East Spencer?
The ZIP code that covers East Spencer is 28039.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — East Spencer town, North Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — East Spencer town, North Carolina
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — East Spencer town, North Carolina
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — East Spencer town, North Carolina
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — East Spencer town, North Carolina
- Total Population (B01003), 2015–2019 ACS 5-year estimates — East Spencer town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — East Spencer town, North Carolina
- HUD Fair Market Rents, fiscal year 2027: Rowan County, NC HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Rowan County, NC HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: East Spencer Police Department (ORI NC0800200)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for East Spencer town, North Carolina (place:19860, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .