Home / Select Cities  /  2024 Comparing Spencer, IN vs. Lebanon, IN

2024 Compare Cities Economy:
Spencer, IN vs Lebanon, IN

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Highlights
- Household income in Lebanon, is 71% more than it is in Spencer and is 18% below the National Average.
- Spencer unemployment rate is 5.0%.
- Lebanon unemployment rate is 3.1%.

Economy
 Spencer, INLebanon, INUnited States
 Unemployment Rate5.0%3.1%6.0%
 Recent Job Growth-1.6%2.4%1.6%
 Future Job Growth21.5%41.9%33.5%
 Sales Taxes7.0%7.0%6.2%
 Income Taxes4.5%4.7%4.6%
 Income per Cap.$26,062$29,125$37,638
 Household Income$34,063$58,412$69,021
 Family Median Income$60,163$73,947$85,028
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 Est. Households By Income
 Spencer, INLebanon, INUnited States
 Income Less Than 15K12.1%10.7%9.4%
 Income between 15K and 20K11.7%3.1%3.8%
 Income between 20K and 30K18.9%9.2%8.1%
 Income between 30K and 40K13.8%9.7%8.0%
 Income between 40K and 50K7.6%7.7%7.6%
 Income between 50K and 60K5.9%11.7%7.2%
 Income between 60K and 75K9.2%12.0%9.6%
 Income between 75K and 100K11.4%14.8%12.8%
 Income between 100K and 150K5.5%13.5%16.3%
 Income between 150K and 200K2.8%4.7%7.8%
 Income greater than 200K1.0%2.9%9.5%
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 Population By Occupation
 Spencer, INLebanon, INUnited States
 Management, business, finance9.6%16.0%16.4%
 Engineering, computers, science2.9%3.3%6.5%
 Community, social services0.5%1.1%1.8%
 Legal1.5%0.8%1.2%
 Education, library4.7%4.7%6.2%
 Arts, design, media, sports, entertainment0.7%2.0%2.0%
 Healthcare practitioners and technology3.1%9.0%6.2%
 Healthcare support2.6%1.6%3.3%
 Firefighters, law enforcement4.2%3.2%2.1%
 Food preparation, serving13.5%7.3%5.4%
 Building maintenance4.0%4.3%3.6%
 Personal care0.9%1.0%2.6%
 Sales, office, administrative support15.6%19.4%20.9%
 Farming, fishing, forestry1.3%0.6%0.6%
 Construction, extraction, maintenance/repair8.5%6.8%8.1%
 Production, transportation, material moving26.4%19.0%13.1%

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Reviews for Spencer    2 Reviews

Over 15 years ago

All the schools within this county do the best they can with what little funding is available to them. The high school was not the best in preparing students for  More

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Over 15 years ago

Rural, appalacia-like topography, beautiful country, mostly poor but varied, nice people, good services, reasonable cost of living, typical midwest weather -  More

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Reviews for Lebanon    0 Reviews

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