Is Troutman, NC growing?

Troutman, NC had an estimated 3,995 (±28) residents in 2020–2024, against 2,685 in 2015–2019.

That is a change of +48.8%, a measurable increase.

Its housing went from 1,105 to 1,580 homes (+43.0%), a measurable increase.

17.5% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
3,995 (±28)
Amount of change
+48.8%
Homes change
+43.0%
Built 2020 or later
17.5%

Residents and homes in Troutman, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,685 (±24)3,995 (±28)+48.8%Measurable increase
Housing units1,105 (±98)1,580 (±160)+43.0%Measurable increase
Households that rent30.1% (±7.5 points)19.4% (±8.2 points)−10.7 percentage pointsNot a measurable change
Median gross rent$1,056 (±$97)$1,292 (±$820)+22.3%No measurable change after inflation
Median home value$197,600 (±$31,829)$398,800 (±$39,443)+101.8%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.

Growth in Troutman against Iredell County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Troutman+48.8%Measurable increase+43.0%
Iredell County+12.0%Measurable increase+13.5%
North Carolina+4.5%Measurable increase+5.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Troutman

Housing units by year built, 2020–2024
Year builtTroutmanIredell CountyNorth CarolinaUnited States
2020 or later17.5% (±7.0 points)4.1%3.0%2.0%
2010 to 201925.5% (±7.1 points)16.0%13.5%9.4%
2000 to 200920.0% (±6.9 points)23.4%18.6%13.6%

43.0% of the homes in Troutman were built in 2010 or later.

The median age of residents is 35.8 years.

Growth in places near Troutman

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Troutman—3,995+48.8%Measurable increase
Statesville6.2 mi29,894+12.0%Measurable increase
Mooresville8.5 mi52,381+38.4%Measurable increase
Catawba10 mi628+35.9%Not a measurable change
Lake Norman of Iredell11 mi12,494+52.4%Measurable increase
Cleveland12 mi1,080−9.3%Not a measurable change
Denver14 mi2,497−23.4%Not a measurable change
Westport15 mi5,915+43.7%Measurable increase
Stony Point15 mi1,372−10.2%Not a measurable change

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in Troutman

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Troutman beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Troutman, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Troutman, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Troutman

Is Troutman growing?

Troutman, NC had an estimated 3,995 residents in 2020–2024 and 2,685 in 2015–2019, a change of +48.8%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Troutman?

The estimated number of housing units went from 1,105 in 2015–2019 to 1,580 in 2020–2024 (+43.0%), a measurable increase.

How much new construction is there in Troutman?

17.5% of homes in Troutman were built in 2020 or later and 25.5% between 2010 and 2019.

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) for Troutman town, North Carolina (place:68500, in state:37).

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

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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.

Figures last updated on .

Related