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Troutman town, North Carolina

City

Population: 3,813 (2023 estimate)

Located in North Carolina , North Carolina

Census Bureau data for Troutman town 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 — Troutman town

What is the median household income in Troutman town?
The median household income in Troutman town is $76,389 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Troutman town?
The poverty rate in Troutman town is 0.6% (U.S. Census Bureau ACS 2023).
What is the median home value in Troutman town?
$349,100 (U.S. Census Bureau ACS 2023).
What is the average rent in Troutman town?
The median gross rent in Troutman town is $1,045 per month (U.S. Census Bureau ACS 2023).
What percentage of Troutman town residents have a college degree?
38.7% of adults in Troutman town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
3,813
Median Income
$76,389
Median Home Value
$349,100
Poverty Rate
0.6%
Unemployment (ACS 2023)
5.4%
Median Age
35.0 yrs
Since 2019 Median Income: +$19,421 (+34.1%) Home Value: +$151,500 (+76.7%) Poverty Rate: -5.9 pp (-90.8%) Bachelor's+: +6.2 pp (+19.1%) Unemployment: -4.2 pp (-43.7%)

Demographics

Total Population 3,813
Median Age 35.0
Female 50.7%
Race & Ethnicity
Hispanic or Latino 6.5% White (non-Hisp.) 76.6% Black 12.4% Asian 2.0% Two or More 6.7% Other 0.9%
Asian Subgroups (% of total pop.)
Indian
0.5%
Korean
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
2.8%
Cuban
0.7%
Puerto Rican
0.6%

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

Income & Poverty

Median Household Income $76,389 ±$12,937
+$6,485 vs. state
Per Capita Income $111,116
Median Family Income $94,848
Poverty Rate 0.6%
-8.8 pp vs. state
Child Poverty Rate 1.1%
Working-Age Poverty Rate
SNAP Recipients 2.0%
Social Security Income
Retirement Income 21.4%
Household Income Distribution
< $10k
2.8%
$10–15k
4.0%
$15–25k
4.6%
$25–35k
7.2%
$35–50k
5.5%
$50–75k
24.9%
$75–100k
11.7%
$100–150k
17.6%
$150–200k
10.8%
$200k+
10.8%

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

Housing

Total Housing Units 1,504
Owner-Occupied 78.5%
Renter-Occupied 21.5%
Vacancy Rate 4.9%
Median Home Value $349,100
+$89,700 vs. state
Median Gross Rent $1,045
Owner Cost Burden (30%+) 14.3%
Renter Cost Burden (30%+) 27.4%
Home Value Distribution
< $50k
1.9%
$50–100k
4.9%
$100–200k
11.2%
$200–300k
10.7%
$300–500k
39.3%
$500k–$1M
18.4%
$1M+
2.5%
Gross Rent Distribution
$500–1k
49.2%
$1–1.5k
19.4%
$1.5–2k
17.7%
$2–2.5k
4.8%
$3.5k+
8.9%
Vehicle Availability
No vehicle
1.0%
1 vehicle
23.6%
2 vehicles
56.5%
3+
18.9%
Housing Type
Single-fam. det.
94.8%
Single-fam. att.
1.7%
2–4 units
2.2%
Housing Age
Pre-1940
7.3%
1940–1969
5.1%
1970–1999
8.4%
2000–2009
22.3%
2010+
25.1%

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

Education

High School or Higher 96.4%
Bachelor's or Higher 38.7%
+4.0 pp vs. state
Graduate Degree 11.2%
Some College / Associate 20.2%
Less Than High School 0.8%
Enrolled in School

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

Employment

Labor Force Participation 75.3%
Unemployment Rate 5.4%
+0.6 pp vs. state
Work from Home 21.8%
Self-Employed 12.6%
Government Workers 11.0%
Private For-Profit 73.2%
Industry
Edu/Health
23.6%
Retail
16.7%
Manufacturing
11.4%
Finance
9.7%
Prof. Services
9.5%
Arts/Entmt.
7.0%
Construction
4.8%
Transportation
4.6%
Public Admin
4.5%
Wholesale
2.5%
Agriculture
0.5%
Information
0.3%
Occupation
Management
38.2%
Sales
28.0%
Food Prep
17.0%
Production
9.8%
Construction
7.0%

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

Commute

Median Travel Time 27.7 min
Drove Alone 62.5%
Carpool 14.9%
Public Transit 0.0%
Work from Home 21.8%
Walked 0.8%
Bicycle

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

Households & Families

Total Households 1,430
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 57.8%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 30.3%
Multigenerational

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

Age Distribution

Under 5
13.0%
5–9
8.6%
10–14
6.6%
15–19
3.0%
20–24
3.1%
25–34
12.6%
35–44
18.8%
45–54
14.0%
55–64
5.7%
65–74
4.3%
75–84
4.5%
85+
2.9%
Under 18: 30.0% Working age (18–64): 70.0% 65 and over: 10.3%

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

Social Characteristics

Immigration

Foreign Born 3.7%
Naturalized Citizen 61.0%
Speaks English Less Than Very Well 2.1%
Foreign-Born Origin
Latin America
56.0%
Asia
39.7%
Europe
4.3%

Veterans & Disability

Veteran 5.1%
With a Disability 8.8%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 93.6%
Uninsured 6.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 89.7%
Has a Computer 90.3%
Same House 1 Year Ago 86.0%
Moved from Abroad 0.0%

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

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