2025 Compare Cities Economy:
Spencer, TN vs Cherokee Village, AR

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Highlights
- Household income in Cherokee Village, is 18% less than it is in Spencer and is 111% below the National Average.
- Spencer unemployment rate is 6.9%.
- Cherokee Village unemployment rate is 5.9%.
 Spencer, TNCherokee Village, ARUnited States
 Unemployment Rate  Unlock5.9%6.0%
 Recent Job Growth  Unlock-2.0%1.6%
 Future Job Growth33.0%  Unlock33.5%
 Sales Taxes9.8%  Unlock6.2%
 Income Taxes  Unlock6.9%4.6%
 Income per Cap.$19,124  Unlock$37,638
 Household Income  Unlock$32,730$69,021
 Family Median Income$49,483  Unlock$85,028
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 Est. Households By Income
 Spencer, TNCherokee Village, ARUnited States
 Income Less Than 15K  Unlock11.1%9.4%
 Income between 15K and 20K10.1%  Unlock3.8%
 Income between 20K and 30K  Unlock19.1%8.1%
 Income between 30K and 40K14.5%  Unlock8.0%
 Income between 40K and 50K  Unlock5.7%7.6%
 Income between 50K and 60K9.1%  Unlock7.2%
 Income between 60K and 75K  Unlock8.8%9.6%
 Income between 75K and 100K9.4%  Unlock12.8%
 Income between 100K and 150K  Unlock6.2%16.3%
 Income between 150K and 200K2.3%  Unlock7.8%
 Income greater than 200K  Unlock0.7%9.5%
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 Population By Occupation
 Spencer, TNCherokee Village, ARUnited States
 Management, business, finance6.1%  Unlock16.4%
 Engineering, computers, science  Unlock0.7%6.5%
 Community, social services0.5%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library5.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.0%2.0%
 Healthcare practitioners and technology1.7%  Unlock6.2%
 Healthcare support  Unlock4.5%3.3%
 Firefighters, law enforcement2.7%  Unlock2.1%
 Food preparation, serving  Unlock4.3%5.4%
 Building maintenance9.6%  Unlock3.6%
 Personal care  Unlock0.0%2.6%
 Sales, office, administrative support20.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.2%0.6%
 Construction, extraction, maintenance/repair9.3%  Unlock8.1%
 Production, transportation, material moving  Unlock5.8%13.1%
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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Reviews for Cherokee Village    3 Reviews

It’s hard to describe this village. It’s probably one of the best kept secrets anywhere. Winding, hilly tree lined streets are punctuated by stretches of wooded  More

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Very close to zero crime! Occasionally property crime on vacant  More

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We couldn't believe our furtune finding a large home on the beautiful Spring River and on a well-kept natural golf course that should prove well within our retirement  More

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