Lake Norman of Iredell vs Troutman

A side-by-side comparison of Lake Norman of Iredell and Troutman: population, income, housing, and more.

Lake Norman of Iredell and Troutman are places in North Carolina. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake Norman of Iredell has the higher population (12,496 vs 3,813 in Troutman). Lake Norman of Iredell has the higher median household income ($194,519 vs $76,389 in Troutman). Lake Norman of Iredell has the higher median home value ($839,900 vs $349,100 in Troutman).

Population, income & housing

	Lake Norman of Iredell	Troutman
Population	12,496	3,813
Median age	47.7 yrs	35.7 yrs
Median household income	$194,519	$76,389
Median home value	$839,900	$349,100
Median gross rent	$1,272	$1,045
Housing units	5,087	1,504
Homeownership rate	95.5%	78.5%
Bachelor's degree or higher	66.7%	38.7%
Unemployment rate	2.4%	5.4%

Trends (ACS 5-year, 2019–2023)

	Lake Norman of Iredell	Troutman
Population	8,196 → 12,496 (+52.5%)	2,685 → 3,813 (+42.0%)
Median household income	$81,110 → $194,519 (+139.8%)	$56,968 → $76,389 (+34.1%)
Median home value	$385,700 → $839,900 (+117.8%)	$197,600 → $349,100 (+76.7%)
Median gross rent	$831 → $1,272 (+53.1%)	$1,056 → $1,045 (-1.0%)

Lake Norman of Iredell

Population

8,19612,496

Median household income

$81,110$194,519

Median home value

$385,700$839,900

Median gross rent

$831$1,272

Troutman

Population

2,6853,813

Median household income

$56,968$76,389

Median home value

$197,600$349,100

Median gross rent

$1,056$1,045

Age & race/ethnicity

Age distribution (share)

	Lake Norman of Iredell	Troutman
Under 5	3.7%	13.0%
5 to 17	19.8%	17.0%
18 to 24	6.2%	4.3%
25 to 34	5.2%	12.6%
35 to 44	9.5%	18.8%
45 to 54	20.7%	14.0%
55 to 64	17.1%	10.0%
65 to 74	10.5%	4.5%
75 and over	7.3%	5.8%

Race & ethnicity (share)

	Lake Norman of Iredell	Troutman
White (non-Hispanic)	87.6%	76.6%
Black or African American	0.1%	12.4%
American Indian & Alaska Native	0.0%	0.0%
Asian	2.2%	2.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.2%	0.0%
Two or more races	3.2%	2.5%
Hispanic or Latino	6.6%	6.5%

Educational attainment (age 25+)

Share of adults 25+

	Lake Norman of Iredell	Troutman
No high school diploma	0.6%	3.6%
High school graduate	10.4%	25.8%
Some college or associate's	22.3%	31.9%
Bachelor's degree	42.6%	27.5%
Graduate or professional degree	24.1%	11.2%

Commute to work

How workers get to work (share)

	Lake Norman of Iredell	Troutman
Drove alone	64.7%	62.5%
Carpooled	3.4%	14.9%
Public transit	0.0%	0.0%
Walked	2.4%	0.8%
Bicycle	0.0%	0.0%
Worked from home	27.4%	21.8%
Other means	2.2%	0.0%

Housing

Units in structure (share)

	Lake Norman of Iredell	Troutman
1-unit, detached	95.7%	94.8%
1-unit, attached	1.0%	1.7%
2 to 4 units	0.8%	3.5%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	2.5%	0.0%

Poverty & households

	Lake Norman of Iredell	Troutman
Poverty rate	2.6%	3.3%
Average household size	2.87	2.65
Mean commute (minutes)	31	28
Median year structure built	2002	2003