2025 Compare Cities Economy:
Schaumburg, IL vs Spencer, TN

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Highlights
- Household income in Spencer, is 53% less than it is in Schaumburg and is 73% below the National Average.
- Schaumburg unemployment rate is 5.3%.
- Spencer unemployment rate is 6.9%.
 Schaumburg, ILSpencer, TNUnited States
 Unemployment Rate  Unlock6.9%6.0%
 Recent Job Growth  Unlock-1.3%1.6%
 Future Job Growth27.9%  Unlock33.5%
 Sales Taxes10.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$44,170  Unlock$37,638
 Household Income  Unlock$39,962$69,021
 Family Median Income$101,084  Unlock$85,028
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 Est. Households By Income
 Schaumburg, ILSpencer, TNUnited States
 Income Less Than 15K  Unlock17.9%9.4%
 Income between 15K and 20K2.4%  Unlock3.8%
 Income between 20K and 30K  Unlock7.6%8.1%
 Income between 30K and 40K5.3%  Unlock8.0%
 Income between 40K and 50K  Unlock11.4%7.6%
 Income between 50K and 60K6.2%  Unlock7.2%
 Income between 60K and 75K  Unlock13.2%9.6%
 Income between 75K and 100K16.9%  Unlock12.8%
 Income between 100K and 150K  Unlock4.6%16.3%
 Income between 150K and 200K10.5%  Unlock7.8%
 Income greater than 200K  Unlock0.0%9.5%
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 Population By Occupation
 Schaumburg, ILSpencer, TNUnited States
 Management, business, finance22.2%  Unlock16.4%
 Engineering, computers, science  Unlock0.7%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library5.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.8%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock17.1%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock4.2%5.4%
 Building maintenance1.3%  Unlock3.6%
 Personal care  Unlock0.7%2.6%
 Sales, office, administrative support22.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.0%0.6%
 Construction, extraction, maintenance/repair5.0%  Unlock8.1%
 Production, transportation, material moving  Unlock18.9%13.1%
Reviews for Schaumburg    10 Reviews

Nice middle-class community. Excellent schools. Excellent variety in retail establishments. Very good park district with plentiful activities, classes, and three outdoor  More

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Schaumburg, Schaumburg, it's Ok, I guess I don't have much to  More

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At 11% sales tax I believe that Cook County, IL. is the highest in the country. The cost of gasoline is bumped by this as well as the use of smog formulated fuel which  More

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Reviews for Spencer    2 Reviews

This is the best place to live in Tennessee and in the U.S. beautiful and very private friendly people and a great place to start a business. Check it out  More

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There are several RV Parks and Campgrounds near Spencer, Tenn. There is one that is just outside of the Spencer, Tennessee city limits. It has lots to offer. It is a  More

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