Troutman

Population: 3,813
Median household income: $76,389
Median home value: $349,100

Troutman is a community in Iredell County, North Carolina, home to 3,813 residents. At $76,389, its median household income sits in line with Iredell County's $78,678.

From 2019 to 2023, Troutman's population grew 42.0% from 2,685 to 3,813, while its median home value rose 76.7% from $197,600 to $349,100.

94.8% of homes are single-family detached houses. The typical home was built around 2003.

Demographics

ACS 2019–2023

Population: 3,813
Median age: 35.7 yrs
Median household income: $76,389
Median home value: $349,100
Median gross rent: $1,045
Housing units: 1,504
Homeownership rate: 78.5%
Bachelor's degree or higher: 38.7%
Unemployment rate: 5.4%

Trends

ACS 5-year · 2019–2023

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

Year	Population	Median household income	Median home value	Median gross rent
2019	2,685	$56,968	$197,600	$1,056
2020	2,723	$62,800	$222,300	$1,130
2021	3,568	$73,382	$236,500	$1,167
2022	3,689	$74,219	$287,500	$1,252
2023	3,813	$76,389	$349,100	$1,045

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 513.0%

5 to 1717.0%

18 to 244.3%

25 to 3412.6%

35 to 4418.8%

45 to 5414.0%

55 to 6410.0%

65 to 744.5%

75 and over5.8%

	Count	Share
Under 5	497	13.0%
5 to 17	647	17.0%
18 to 24	165	4.3%
25 to 34	480	12.6%
35 to 44	718	18.8%
45 to 54	532	14.0%
55 to 64	382	10.0%
65 to 74	170	4.5%
75 and over	222	5.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,921	76.6%
Black or African American	471	12.4%
American Indian & Alaska Native	0	0.0%
Asian	78	2.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	96	2.5%
Hispanic or Latino (any race)	247	6.5%

Educational attainment (age 25+)

No high school diploma3.6%

High school graduate25.8%

Some college or associate's31.9%

Bachelor's degree27.5%

Graduate or professional degree11.2%

	Count	Share
No high school diploma	91	3.6%
High school graduate	646	25.8%
Some college or associate's	798	31.9%
Bachelor's degree	689	27.5%
Graduate or professional degree	280	11.2%

Commute to work

Mean travel time to work: 28 min

Drove alone62.5%

Carpooled14.9%

Public transit0.0%

Walked0.8%

Bicycle0.0%

Worked from home21.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,190	62.5%
Carpooled	284	14.9%
Public transit	0	0.0%
Walked	15	0.8%
Bicycle	0	0.0%
Worked from home	414	21.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	352	23.6%
15 to 29 min	732	49.2%
30 to 44 min	182	12.2%
45 to 59 min	38	2.6%
60+ min	185	12.4%

Households

Average household size: 2.65
Poverty rate: 3.3% (124 of 3,807)

	Count	Share
Family households	1,039	72.7%
Nonfamily households	391	27.3%

Housing

Median year structure built: 2003

Occupancy

	Count	Share
Occupied	1,430	95.1%
Vacant	74	4.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,122	78.5%
Renter-occupied	308	21.5%

1-unit, detached94.8%

1-unit, attached1.7%

2 to 4 units3.5%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,426	94.8%
1-unit, attached	26	1.7%
2 to 4 units	52	3.5%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3768500
Type (LSAD): 43
Land area: 8.52 sq mi
Water area: 0.03 sq mi
Center point: 35.6970, -80.8850