2025 Compare Cities Economy:
Spencer, IN vs Roanoke, IN

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Highlights
- Household income in Roanoke, is 104% more than it is in Spencer and is 1% above the National Average.
- Spencer unemployment rate is 5.0%.
- Roanoke unemployment rate is 3.8%.
 Spencer, INRoanoke, INUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock-0.6%1.6%
 Future Job Growth21.5%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$26,062  Unlock$37,638
 Household Income  Unlock$69,375$69,021
 Family Median Income$60,163  Unlock$85,028
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 Est. Households By Income
 Spencer, INRoanoke, INUnited States
 Income Less Than 15K  Unlock5.7%9.4%
 Income between 15K and 20K11.7%  Unlock3.8%
 Income between 20K and 30K  Unlock9.7%8.1%
 Income between 30K and 40K13.8%  Unlock8.0%
 Income between 40K and 50K  Unlock10.6%7.6%
 Income between 50K and 60K5.9%  Unlock7.2%
 Income between 60K and 75K  Unlock10.8%9.6%
 Income between 75K and 100K11.4%  Unlock12.8%
 Income between 100K and 150K  Unlock21.7%16.3%
 Income between 150K and 200K2.8%  Unlock7.8%
 Income greater than 200K  Unlock3.4%9.5%
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 Population By Occupation
 Spencer, INRoanoke, INUnited States
 Management, business, finance9.6%  Unlock16.4%
 Engineering, computers, science  Unlock6.9%6.5%
 Community, social services0.5%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library4.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.9%2.0%
 Healthcare practitioners and technology3.1%  Unlock6.2%
 Healthcare support  Unlock2.0%3.3%
 Firefighters, law enforcement4.2%  Unlock2.1%
 Food preparation, serving  Unlock1.5%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock3.3%2.6%
 Sales, office, administrative support15.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair8.5%  Unlock8.1%
 Production, transportation, material moving  Unlock15.7%13.1%
Reviews for Spencer    2 Reviews

Over 16 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 16 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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