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Lake Norman of Iredell, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Lake Norman of Iredell, North Carolina had a total population of 12,494, the 82nd largest community in North Carolina, with a median household income of $173,542, which is 140% higher than the state average. The poverty rate is 2.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake Norman of Iredell Quick Facts

Population 12,494
Median Household Income $173,542
Median Home Value $887,400
Poverty Rate 2.5%
Unemployment Rate 3.1%
Median Age 48.3 years
Homeownership Rate 94.9%
Affordability Ratio 5.1x
Bachelor's Degree or Higher 67.3%
High School Graduation Rate 99.0%
Diversity Index 22/100
Population 12,494 82nd of 772
Median Income $173,542 top 10%
Poverty Rate 2.5% 80% lower than national
Median Home Value $887,400 top 10%

How Lake Norman of Iredell Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population12,49612,494-0.0%
Median household income$194,519$173,542-10.8%
Median home value$839,900$887,400+5.7%

How Lake Norman of Iredell Compares

Economy & Housing

Household Income Distribution

Under $25K 4.8%
$25K-$50K 6.9%
$50K-$100K 17.7%
$100K+ 70.6%
Detailed income brackets
Under $10K
2.2%
$10K-$15K
0.3%
$15K-$20K
1.5%
$20K-$25K
0.8%
$25K-$30K
2.2%
$30K-$35K
1.7%
$35K-$40K
0.7%
$40K-$45K
0.9%
$45K-$50K
1.4%
$50K-$60K
5.7%
$60K-$75K
2.8%
$75K-$100K
9.2%
$100K-$125K
7.8%
$125K-$150K
8.9%
$150K-$200K
8.0%
$200K+
45.9%

Employment

3.1% Unemployment Rate State: 4.7%|National: 5.2%
58.9% Labor Force Participation

Housing Overview

Owner 94.9%
Renter 5.1%
Affordability Index Expensive
5.1x home value to income ratio
Median gross rent $1,327/mo 9.2% of median household income annually

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 58 | National average: 61

Education

Lake Norman of Iredell Rankings in North Carolina

#82 Population of 772
#6 Median Income of 716
#28 Education of 772
#7 Home Value of 725

Other Cities in Iredell County

CityPopulationMedian IncomePovertyHome Value
Mooresville 52,381 $89,647 7.3% $390,900
Statesville 29,894 $52,880 20.4% $248,000
Troutman 3,995 $98,462 6.1% $398,800
Stony Point 1,372 $73,209 1.7% $171,800
Harmony 967 $80,288 6.1% $126,400
Love Valley 159 N/A 40.9% $98,900

Cities Similar to Lake Norman of Iredell

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Weddington13,805$190,766$824,10068.0%4.0%
Summerfield11,116$160,275$521,90059.5%7.1%
Rolesville10,766$149,565$535,00062.2%1.1%
Myrtle Grove12,637$113,463$439,10046.4%6.2%
Davidson15,660$166,556$687,70075.8%7.0%

Population Overview

Lake Norman of Iredell is a small city located in North Carolina, within Iredell County. The total population is 12,494. It ranks as the 82nd most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Lake Norman of Iredell is 48.3 years. This is 24% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Lake Norman of Iredell is $173,542. This is 140% higher than the state median of $72,388. It is also 115% higher than the national median of $80,734. The poverty rate stands at 2.5%. This is 81% lower than the state poverty rate of 13.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.1%. This is 35% lower than the state rate of 4.7%. The median home value is $887,400. Housing costs are 207% higher than the state median of $288,900. The home-value-to-income ratio is 5.1x. 94.9% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 66.6%.

Race & Ethnicity

Lake Norman of Iredell has a predominantly White (non-Hispanic) population, comprising 87.9% of all residents. Hispanic or Latino residents account for 7.0%. The Black or African American population (0.3%) is well below the state average of 20.0%.

Education

67.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Lake Norman of Iredell in the top 10% of all cities in the state for educational attainment. This is 89% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.0%. Notably, 24.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lake Norman of Iredell, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Lake Norman of Iredell, North Carolina?

Lake Norman of Iredell, North Carolina has a population of 12,494 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Norman of Iredell, NC?

The median household income in Lake Norman of Iredell is $173,542, which is 115% higher than the national median of $80,734.

What is the poverty rate in Lake Norman of Iredell, NC?

The poverty rate in Lake Norman of Iredell is 2.5%. This means approximately 314 residents live below the federal poverty line.

What is the racial makeup of Lake Norman of Iredell, North Carolina?

Lake Norman of Iredell's population is 87.9% White, 0.3% Black, 7.0% Hispanic/Latino, and 1.7% Asian.

What is the median home value in Lake Norman of Iredell, NC?

The median home value in Lake Norman of Iredell is $887,400. The home-value-to-income ratio is 5.1x.

How educated is Lake Norman of Iredell, North Carolina?

67.3% of adults (25+) in Lake Norman of Iredell hold a bachelor's degree or higher, and 24.6% hold a graduate or professional degree.