Spencer, VA 24165 has a population of approximately 1,322 and experiences a population change rate of -19.14%. The population density is 30.5 / sq mi .
Spencer, VA 24165 has a population of approximately 1,322 and experiences a population change rate of -19.14%. The population density is 30.5 / sq mi .
The median household income for Spencer, VA 24165 is $53,412, with 573 households and an average household size of 2.29.
The median value of a home in Spencer, VA 24165 is $119,200 with an appreciation rate of 15.80%. 57.65% of housing in the state is owned while 20.63% is rented.
The cost of living in Spencer, VA 24165 is 81.7 %.
The unemployment rate in Spencer, VA 24165 is 3.00%, and recent job growth is at 1.67%. Future job growth is projected at 40.32%.
The sales tax rate in Spencer, VA 24165 is 6.30%, while the income tax rate is 5.75% .
School expenditures in Spencer, VA 24165 are $11,723, and the school ratio is 15.4:1.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 46.4 inches per year, with 8.6 inches of snow per year.