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Troutman, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Troutman, North Carolina had a total population of 3,995, the 210th largest town in North Carolina, with a median household income of $98,462, which is 36% higher than the state average. The poverty rate is 6.1%.

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

Key Takeaways

Troutman Quick Facts

Population 3,995
Median Household Income $98,462
Median Home Value $398,800
Poverty Rate 6.1%
Unemployment Rate 3.4%
Median Age 35.8 years
Homeownership Rate 80.6%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 41.4%
High School Graduation Rate 98.7%
Diversity Index 37/100
Population 3,995 210th of 772
Median Income $98,462 top 20%
Poverty Rate 6.1% 51% lower than national
Median Home Value $398,800 top 20%

How Troutman 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
Population3,8133,995+4.8%
Median household income$76,389$98,462+28.9%
Median home value$349,100$398,800+14.2%

How Troutman Compares

Economy & Housing

Household Income Distribution

Under $25K 13.4%
$25K-$50K 9.2%
$50K-$100K 28.5%
$100K+ 48.9%
Detailed income brackets
Under $10K
1.4%
$10K-$15K
7.1%
$15K-$20K
0.3%
$20K-$25K
4.7%
$25K-$30K
1.8%
$30K-$35K
3.0%
$35K-$40K
0.0%
$40K-$45K
0.3%
$45K-$50K
4.0%
$50K-$60K
1.1%
$60K-$75K
10.9%
$75K-$100K
16.4%
$100K-$125K
14.7%
$125K-$150K
5.1%
$150K-$200K
13.9%
$200K+
15.3%

Employment

3.4% Unemployment Rate State: 4.7%|National: 5.2%
74.5% Labor Force Participation

Housing Overview

Owner 80.6%
Renter 19.4%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,292/mo 15.7% of median household income annually

People & Demographics

Diversity Index

37out of 100
Low Diversity

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

State average: 58 | National average: 61

Education

Troutman Rankings in North Carolina

#210 Population of 772
#89 Median Income of 716
#144 Education of 772
#111 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
Lake Norman of Iredell 12,494 $173,542 2.5% $887,400
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 Troutman

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Trent Woods4,032$107,802$343,10065.8%3.5%
Emerald Isle3,934$89,773$603,70057.1%4.9%
Swansboro3,997$114,425$378,70039.8%14.1%
Bethlehem4,101$87,795$327,00043.3%4.5%
Kitty Hawk3,724$94,450$535,00043.5%4.7%

Population Overview

Troutman is a small community located in North Carolina, within Iredell County. The total population is 3,995. It ranks as the 210th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Troutman is 35.8 years. This is 8% lower than the state median of 39.1 years. With 28.8% of the population under 18, Troutman has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Troutman is $98,462. This is 36% higher than the state median of $72,388. It is also 22% higher than the national median of $80,734. The poverty rate stands at 6.1%. This is 53% lower than the state poverty rate of 13.0%. The unemployment rate is 3.4%. This is 29% lower than the state rate of 4.7%. The median home value is $398,800. Housing costs are 38% higher than the state median of $288,900. The home-value-to-income ratio is 4.1x. 80.6% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Troutman is White (non-Hispanic), making up 78.6% of the population. Black or African American residents account for 10.5%.

Education

41.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% 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 98.7%.

Data Sources & Methodology

All demographic data for Troutman, 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 Troutman, North Carolina?

Troutman, North Carolina has a population of 3,995 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Troutman, NC?

The median household income in Troutman is $98,462, which is 22% higher than the national median of $80,734.

What is the poverty rate in Troutman, NC?

The poverty rate in Troutman is 6.1%. This means approximately 242 residents live below the federal poverty line.

What is the racial makeup of Troutman, North Carolina?

Troutman's population is 78.6% White, 10.5% Black, 7.0% Hispanic/Latino, and 2.3% Asian.

What is the median home value in Troutman, NC?

The median home value in Troutman is $398,800. The home-value-to-income ratio is 4.1x.

How educated is Troutman, North Carolina?

41.4% of adults (25+) in Troutman hold a bachelor's degree or higher, and 11.6% hold a graduate or professional degree.