What percentage of people rent in Lake Norman of Iredell, NC?

Name: Renters and owners in Lake Norman of Iredell, NC, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

5.1% (±1.9 points) of the occupied homes in Lake Norman of Iredell, NC are rented (2020–2024 American Community Survey).

That is 235 renting households against 4,345 that own their home.

In Lake Norman of Iredell, the share of households that rent went from 17.1% in 2015–2019 to 5.1% in 2020–2024 (−12.0 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 5.1% (±1.9 points)
Renting households: 235 (±91)
Median renter income: $63,125 (±$45,046)

Who rents and who owns in Lake Norman of Iredell

Tenure, estimate (90% margin of error)
	Lake Norman of Iredell	Iredell County	North Carolina	United States
Renter-occupied share	5.1% (±1.9 points)	28.1% (±1.1 points)	33.4% (±0.2 points)	34.8%
Renting households	235 (±91)	21,488 (±875)	1,428,852 (±8,279)	45,017,354
Owning households	4,345 (±342)	54,856 (±1,002)	2,853,493 (±14,473)	84,210,142
Average renter household size	1.7 (±0.4)	2.4 (±0.1)	2.3 (±0.0)	2.3
Average owner household size	2.8 (±0.2)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$63,125 (±$45,046)	$55,159 (±$5,394)	$48,010 (±$418)	$52,966
Median owner household income	$185,694 (±$36,239)	$93,196 (±$2,796)	$88,911 (±$521)	$100,009

In Lake Norman of Iredell, the renter share is lower than in Iredell County (28.1%).

It is also lower than in North Carolina (33.4%).

It is lower than the national figure (34.8%).

In Iredell County, Lake Norman of Iredell ranks 6 of 6 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 632 of 663.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Norman of Iredell has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	17.1% (±4.4 points)	5.1% (±1.9 points)	−12.0 percentage points	Measurable decrease
Median gross rent	$831 (±$300)	$1,327 (±$210)	+59.7%	No measurable change after inflation
Median household income	$81,110 (±$3,716)	$173,542 (±$41,160)	+114.0%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Lake Norman of Iredell

Nearest places with a published estimate, compared with Lake Norman of Iredell
Place	Distance	Households that rent	Compared with this place
Lake Norman of Iredell	—	5.1% (±1.9 points)	—
Westport	4.2 mi	3.5% (±2.4 points)	Not measurably different
Lake Norman of Catawba	4.9 mi	14.3% (±4.0 points)	Higher
Cornelius	5.6 mi	30.5% (±2.7 points)	Higher
Mooresville	6.4 mi	41.7% (±2.7 points)	Higher
Denver	6.5 mi	44.8% (±13.8 points)	Higher
Davidson	7.6 mi	20.0% (±4.1 points)	Higher
Lowesville	9.3 mi	20.4% (±10.1 points)	Higher
Huntersville	10 mi	28.3% (±2.6 points)	Higher

Nearby places with a measurably higher figure: Lake Norman of Catawba, NC (14.3%), Cornelius, NC (30.5%), Mooresville, NC (41.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Iredell County, place by place

Rank	Place	Households that rent
1	Statesville	48.4% (±3.8 points)
2	Love Valley	42.6% (±18.8 points)
3	Mooresville	41.7% (±2.7 points)
4	Harmony	37.7% (±13.3 points)
5	Troutman	19.4% (±8.2 points)
6	Lake Norman of Iredell	5.1% (±1.9 points)

Lake Norman of Iredell is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Norman of Iredell

How many renters are there in Lake Norman of Iredell?

Lake Norman of Iredell has an estimated 235 (±91) renting households, 5.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Norman of Iredell?

In Lake Norman of Iredell, the share of households that rent went from 17.1% in 2015–2019 to 5.1% in 2020–2024 (−12.0 percentage points), a measurable decrease.

How big are renting households in Lake Norman of Iredell?

A renting household in Lake Norman of Iredell has 1.7 people on average, against 2.8 in an owned home.

How much do renters earn in Lake Norman of Iredell?

The median renting household in Lake Norman of Iredell, NC has an income of $63,125 (±$45,046) a year, against $185,694 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Norman of Iredell CDP, North Carolina (place:36511, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.