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Lake Norman of Iredell CDP, North Carolina

City

Population: 12,496 (2023 estimate)

Located in North Carolina , North Carolina

Census Bureau data for Lake Norman of Iredell CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Lake Norman of Iredell CDP

What is the median household income in Lake Norman of Iredell CDP?
The median household income in Lake Norman of Iredell CDP is $194,519 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Lake Norman of Iredell CDP?
The poverty rate in Lake Norman of Iredell CDP is 1.6% (U.S. Census Bureau ACS 2023).
What is the median home value in Lake Norman of Iredell CDP?
$839,900 (U.S. Census Bureau ACS 2023).
What is the average rent in Lake Norman of Iredell CDP?
The median gross rent in Lake Norman of Iredell CDP is $1,272 per month (U.S. Census Bureau ACS 2023).
What percentage of Lake Norman of Iredell CDP residents have a college degree?
66.7% of adults in Lake Norman of Iredell CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
12,496
Median Income
$194,519
Median Home Value
$839,900
Poverty Rate
1.6%
Unemployment (ACS 2023)
2.4%
Median Age
47.0 yrs
Since 2019 Median Income: +$113,409 (+139.8%) Home Value: +$454,200 (+117.8%) Poverty Rate: -1.5 pp (-48.4%) Bachelor's+: +29.1 pp (+77.4%) Unemployment: -1.3 pp (-35.1%)

Demographics

Total Population 12,496
Median Age 47.0
Female 49.8%
Race & Ethnicity
Hispanic or Latino 6.6% White (non-Hisp.) 87.6% Black 0.1% Asian 2.2% Two or More 7.6% Other 0.6%
Asian Subgroups (% of total pop.)
Chinese
1.2%
Filipino
0.3%
Japanese
0.3%
Indian
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.4%
Puerto Rican
0.7%
Cuban
0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $194,519 ±$28,477
+$124,615 vs. state
Per Capita Income $250,005
Median Family Income $212,204
Poverty Rate 1.6%
-7.8 pp vs. state
Child Poverty Rate 1.6%
Working-Age Poverty Rate
SNAP Recipients 1.0%
Social Security Income
Retirement Income 28.4%
Household Income Distribution
< $10k
1.3%
$10–15k
0.3%
$15–25k
2.9%
$25–35k
2.7%
$35–50k
2.8%
$50–75k
9.5%
$75–100k
6.4%
$100–150k
15.7%
$150–200k
10.0%
$200k+
48.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 5,087
Owner-Occupied 95.5%
Renter-Occupied 4.5%
Vacancy Rate 14.5%
Median Home Value $839,900
+$580,500 vs. state
Median Gross Rent $1,272
Owner Cost Burden (30%+) 18.1%
Renter Cost Burden (30%+) 33.7%
Home Value Distribution
< $50k
1.5%
$100–200k
0.4%
$200–300k
0.8%
$300–500k
10.9%
$500k–$1M
47.8%
$1M+
36.5%
Gross Rent Distribution
< $500
6.0%
$500–1k
14.7%
$1–1.5k
51.6%
$1.5–2k
6.0%
$2.5–3.5k
5.4%
$3.5k+
16.3%
Vehicle Availability
No vehicle
2.7%
1 vehicle
9.3%
2 vehicles
47.7%
3+
40.2%
Housing Type
Single-fam. det.
95.7%
Single-fam. att.
1.0%
2–4 units
0.2%
Mobile home
2.5%
Housing Age
1940–1969
0.2%
1970–1999
5.2%
2000–2009
41.8%
2010+
15.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 99.4%
Bachelor's or Higher 66.7%
+32.0 pp vs. state
Graduate Degree 24.1%
Some College / Associate 15.4%
Less Than High School 0.2%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 61.0%
Unemployment Rate 2.4%
-2.4 pp vs. state
Work from Home 27.4%
Self-Employed 6.3%
Government Workers 5.8%
Private For-Profit 87.5%
Industry
Edu/Health
25.8%
Prof. Services
16.3%
Retail
11.9%
Manufacturing
11.2%
Finance
9.8%
Arts/Entmt.
6.4%
Transportation
5.5%
Wholesale
5.3%
Construction
1.8%
Information
1.8%
Public Admin
0.4%
Occupation
Management
61.6%
Sales
23.6%
Food Prep
7.0%
Production
5.2%
Construction
2.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 30.7 min
Drove Alone 64.7%
Carpool 3.4%
Public Transit 0.0%
Work from Home 27.4%
Walked 2.4%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 4,348
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 82.7%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 36.7%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
3.7%
5–9
5.4%
10–14
7.8%
15–19
9.5%
20–24
3.3%
25–34
5.2%
35–44
9.5%
45–54
20.7%
55–64
8.8%
65–74
8.3%
75–84
10.5%
85+
5.8%
Under 18: 23.5% Working age (18–64): 76.5% 65 and over: 17.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 7.0%
Naturalized Citizen 72.6%
Speaks English Less Than Very Well 1.6%
Foreign-Born Origin
Latin America
37.6%
Africa
18.3%
Asia
17.0%
Europe
16.9%

Veterans & Disability

Veteran 4.9%
With a Disability 7.5%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 98.2%
Uninsured 1.8%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 97.5%
Has a Computer 99.1%
Same House 1 Year Ago 86.5%
Moved from Abroad 0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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