What percentage of people rent in Troutman, NC?

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

19.4% (±8.2 points) of the occupied homes in Troutman, NC are rented (2020–2024 American Community Survey).

That is 294 renting households against 1,222 that own their home.

In Troutman, the share of households that rent went from 30.1% in 2015–2019 to 19.4% in 2020–2024 (−10.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 19.4% (±8.2 points)
Renting households: 294 (±116)
Median renter income: $72,857 (±$56,743)

Who rents and who owns in Troutman

Tenure, estimate (90% margin of error)
	Troutman	Iredell County	North Carolina	United States
Renter-occupied share	19.4% (±8.2 points)	28.1% (±1.1 points)	33.4% (±0.2 points)	34.8%
Renting households	294 (±116)	21,488 (±875)	1,428,852 (±8,279)	45,017,354
Owning households	1,222 (±200)	54,856 (±1,002)	2,853,493 (±14,473)	84,210,142
Average renter household size	2.8 (±0.5)	2.4 (±0.1)	2.3 (±0.0)	2.3
Average owner household size	2.6 (±0.3)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$72,857 (±$56,743)	$55,159 (±$5,394)	$48,010 (±$418)	$52,966
Median owner household income	$107,333 (±$17,907)	$93,196 (±$2,796)	$88,911 (±$521)	$100,009

In Troutman, 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, Troutman ranks 5 of 6 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 474 of 663.

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

How renting in Troutman 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	30.1% (±7.5 points)	19.4% (±8.2 points)	−10.7 percentage points	Not a measurable change
Median gross rent	$1,056 (±$97)	$1,292 (±$820)	+22.3%	No measurable change after inflation
Median household income	$56,968 (±$4,376)	$98,462 (±$16,791)	+72.8%	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.

Households that rent in places near Troutman

Nearest places with a published estimate, compared with Troutman
Place	Distance	Households that rent	Compared with this place
Troutman	—	19.4% (±8.2 points)	—
Statesville	6.2 mi	48.4% (±3.8 points)	Higher
Mooresville	8.5 mi	41.7% (±2.7 points)	Higher
Lake Norman of Catawba	8.9 mi	14.3% (±4.0 points)	Not measurably different
Catawba	10 mi	28.7% (±26.4 points)	Not measurably different
Lake Norman of Iredell	11 mi	5.1% (±1.9 points)	Lower
Cleveland	12 mi	21.0% (±10.7 points)	Not measurably different
Denver	14 mi	44.8% (±13.8 points)	Higher
Westport	15 mi	3.5% (±2.4 points)	Lower

Nearby places with a measurably lower figure: Lake Norman of Iredell, NC (5.1%), Westport, NC (3.5%).

Nearby places with a measurably higher figure: Statesville, NC (48.4%), Mooresville, NC (41.7%), Denver, NC (44.8%).

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)

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.

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

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

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

How many renters are there in Troutman?

Troutman has an estimated 294 (±116) renting households, 19.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Troutman?

In Troutman, the share of households that rent went from 30.1% in 2015–2019 to 19.4% in 2020–2024 (−10.7 percentage points), not a measurable change.

How big are renting households in Troutman?

A renting household in Troutman has 2.8 people on average, against 2.6 in an owned home.

How much do renters earn in Troutman?

The median renting household in Troutman, NC has an income of $72,857 (±$56,743) a year, against $107,333 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 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 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.