Living in Troutman, North Carolina
Cost of living, income, home prices, rent and demographics of Troutman · Census data 2020–2024
Troutman has 3,995 residents with a median age of 35.8. The median household income is $98,462 (36% higher than the North Carolina median), the median home value is $398,800, the median rent is $1,292/month.
Troutman at a glance
- Population
- 3,995
- Median age
- 35.8State: 39.1
- Median household income
- $98,462State: $72,388
- Median home value
- $398,800State: $288,900
- Median rent
- $1,292/moState: $1,228
- Homeowners
- 80.6%
- Bachelor's degree or higher
- 41.4%
- Average commute
- 27 min
Is Troutman a good place to live?
Pros: Median household income 36% higher than the North Carolina median; unemployment of 3.4%; a poverty rate of 6.1%.
Cons: Home values 38% higher than the state median; an average commute of 27 minutes.
The weather is best in April–May and September–October.
Cost of living in Troutman
Housing is the biggest part of the cost of living. In Troutman the median home value is $398,800, 20% higher than the U.S. median. Renters pay a median of $1,292 per month, which is 27.2% of household income. Homeowners with a mortgage pay $2,057 a month in housing costs.
Troutman median household income
The median household income in Troutman is $98,462 and the income per person is $45,160. 6.1% of residents live below the poverty line (North Carolina: 13%).
Housing in Troutman: homes for sale and rent
- Housing units
- 1,580
- Owner-occupied
- 80.6%
- Renter-occupied
- 19.4%
- Vacant
- 4.1%Includes seasonal homes
- Median year built
- 2007
- Average household size
- 2.63
Troutman demographics
- Population
- 3,995
- Median age
- 35.8
- Under 18
- 28.8%
- 65 and older
- 10%
- Households
- 1,516
- Foreign-born
- 3.8%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Troutman ›
Education in Troutman
41.4% of adults 25 and older in Troutman have a bachelor's degree or higher (North Carolina: 35.7%), and 11.6% have a graduate or professional degree.
Jobs and commute in Troutman
- Unemployment rate
- 3.4%State: 4.7%
- Average commute
- 27 minState: 25 min
- Work from home
- 24%
- Drive alone
- 62.7%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 92.9%
Troutman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Troutman | 3,995 | $98,462 | $398,800 | $1,292 |
| Statesville | 29,894 | $52,880 | $248,000 | $1,000 |
| Catawba | 628 | $47,250 | $163,000 | $1,118 |
| Lake Norman of Catawba | 9,906 | $112,656 | $492,600 | $1,319 |
| Mooresville | 52,381 | $89,647 | $390,900 | $1,626 |
| Cleveland | 1,080 | $58,750 | $242,600 | $739 |
| Lake Norman of Iredell | 12,494 | $173,542 | $887,400 | $1,327 |
| Stony Point | 1,372 | $73,209 | $171,800 | — |
| Claremont | 1,922 | $66,667 | $255,300 | $938 |
More for people moving to Troutman
Troutman ZIP code ›Weather and climate ›Living in Troutman: FAQ
What is the median household income in Troutman, NC?
The median household income in Troutman is $98,462, 36% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Troutman?
The median home value in Troutman is $398,800, compared with $288,900 in North Carolina.
How much is rent in Troutman?
The median gross rent in Troutman is $1,292 per month, about 27.2% of household income.
Is Troutman, NC a good place to live?
Pluses: median household income 36% higher than the North Carolina median; unemployment of 3.4%; a poverty rate of 6.1%. Minuses: home values 38% higher than the state median; an average commute of 27 minutes.
What is the median age in Troutman?
The median age in Troutman is 35.8 years (North Carolina: 39.1).
How long is the commute in Troutman?
The average commute to work in Troutman is 27 minutes; 24% of workers work from home.
What is the unemployment rate in Troutman?
The unemployment rate in Troutman is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Troutman?
41.4% of adults in Troutman have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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