Troutman, NC Profile: Facts & Data

Troutman, North Carolina - Basic Facts

The Town of Troutman had a population of 8,245 as of July 1, 2025.

The primary coordinate point for Troutman is located at latitude 35.7007 and longitude -80.8881 in Iredell County. The formal boundaries for the Town of Troutman encompass a land area of 5.36 sq. miles and a water area of 0.01 sq. miles. Iredell County is in the Eastern time zone (GMT -5).

The Town of Troutman has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Troutman is located within Township of Fallstown, a minor civil division (MCD) of Iredell County.

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Troutman, NC Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	8,245 (100%)
Population in Households	8,226 (99.8%)
Population in Families	7,038 (85.4%)
Population in Group Quarters¹	19 ( 0.2%)
Population Density	968
Diversity Index²	48


INCOME
Median Household Income	$91,540
Average Household Income	$120,284
% of Income for Mortgage⁴	24%
Per Capita Income	$45,692
Wealth Index⁵	109
Socioeconomic Status Index⁶	Moderate (56.0)

HOUSING
Total HU (Housing Units)	3,400 (100%)
Owner Occupied HU	2,663 (78.3%)
Renter Occupied HU	468 (13.8%)
Vacant Housing Units	269 ( 7.9%)
Median Home Value	$346,589
Average Home Value	$389,691
Housing Affordability Index³	102

HOUSEHOLDS
Total Households	3,131
Average Household Size	2.63
Family Households	2,257
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

3,400 (100%)

Owner Occupied HU

2,663 (78.3%)

Renter Occupied HU

468 (13.8%)

Vacant Housing Units

269 ( 7.9%)

Median Home Value

$346,589

Average Home Value

$389,691

Housing Affordability Index³

102

HOUSEHOLDS

Total Households

3,131

Average Household Size

2.63

Family Households

2,257

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	14.23%	2.20%
Households	15.09%	2.62%
Families		1.84%
Median Household Income		2.34%
Per Capita Income		2.73%
Owner Occupied HU		2.24%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

14.23%

2.20%

Households

15.09%

2.62%

Families

1.84%

Median Household Income

2.34%

Per Capita Income

2.73%

Owner Occupied HU

2.24%

Troutman, NC - Peer Comparisons by Rank and Percentile

The table below compares Troutman to the other 776 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 120	85th
Population Density	# 232	70th
Median Household Income	# 110	86th
Housing Affordability Index	# 496	64th
Per Capita Income	# 162	79th
Diversity Index	# 463	41st

Variable Description

Rank

Percentile

Total Population

# 120

85th

Population Density

# 232

70th

Median Household Income

# 110

86th

Housing Affordability Index

# 496

64th

Per Capita Income

# 162

79th

Diversity Index

# 463

41st

North Carolina Census Data Comparison Tool

Troutman, NC Profile: Facts & Data

Troutman, North Carolina - Basic Facts

Troutman, NC Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Troutman, NC - Peer Comparisons by Rank and Percentile

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Iredell County