Troutman, NC

Census Place

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2023 Population
3,813
3.36% 1-year growth
US Senator
Thom Tillis
Republican Party
US Senator
Ted Budd
Republican Party
2023 Median Age
35.7
1.13% 1-year increase
2023 Poverty Rate
3.26%
21.1% 1-year decrease
2023 Median Household Income
$76,389
2.92% 1-year growth
2023 Median Property Value
$349,100
21.4% 1-year growth
2023 Employed Population
1,935
9.88% 1-year growth

About

In 2023, Troutman, NC had a population of 3.81k people with a median age of 35.7 and a median household income of $76,389. Between 2022 and 2023 the population of Troutman, NC grew from 3,689 to 3,813, a 3.36% increase and its median household income grew from $74,219 to $76,389, a 2.92% increase.

The 5 largest ethnic groups in Troutman, NC are White (Non-Hispanic) (76.6%), Black or African American (Non-Hispanic) (12.4%), Two Races Including Other (Hispanic) (3.93%), Two Races Excluding Other, & Three or More Races (Non-Hispanic) (2.52%), and Asian (Non-Hispanic) (2.05%).

None of the households in Troutman, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

98.6% of the residents in Troutman, NC are U.S. citizens.

In 2023, the median property value in Troutman, NC was $349,100, and the homeownership rate was 78.5%.

Most people in Troutman, NC drove alone to work, and the average commute time was 27.7 minutes. The average car ownership in Troutman, NC was 2 cars per household.

United StatesNorth CarolinaIredell County, NCCharlotte-Concord-Gastonia, NC-SCIredell (South)--Mooresville Town & Statesville City PUMA, NC

Population & Diversity

Troutman, NC is home to a population of 3.81k people, from which 98.6% are citizens. As of 2023, 3.7% of Troutman, NC residents were born outside of the country (141 people).

In 2023, there were 6.2 times more White (Non-Hispanic) residents (2.92k people) in Troutman, NC than any other race or ethnicity. There were 471 Black or African American (Non-Hispanic) and 150 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.6%
2023 Citizenship
98.7%
2022 Citizenship

As of 2023, 98.6% of Troutman, NC residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Troutman, NC was 98.7%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Troutman, NC compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Troutman, NC
  1. White (Non-Hispanic)
    2.92k ± 252
  2. Black or African American (Non-Hispanic)
    471 ± 163
  3. Two Races Including Other (Hispanic)
    150 ± 118
6.48%
Hispanic Population
247 people

In 2023, there were 6.2 times more White (Non-Hispanic) residents (2.92k people) in Troutman, NC than any other race or ethnicity. There were 471 Black or African American (Non-Hispanic) and 150 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

6.48% of the people in Troutman, NC are hispanic (247 people).

The following chart shows the 8 races represented in Troutman, NC as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.
Most Common Origin
  1. Mexico
    224,963 ± 11,520 people
  2. India
    83,219 ± 7,055 people
  3. Honduras
    48,247 ± 5,380 people

In 2023, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 224,963 North Carolina residents, followed by India with 83,219 and Honduras with 48,247.

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Foreign-Born Population

3.7%
2023 Foreign-Born Population
141 people
3.96%
2022 Foreign-Born Population
146 people

As of 2023, 3.7% of Troutman, NC residents (141 people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Troutman, NC was 3.96%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Troutman, NC compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Gulf War (1990s)
    42 ± 47
  2. Gulf War (2001-)
    41 ± 44
  3. Vietnam
    25 ± 27

Troutman, NC has a large population of military personnel who served in Gulf War (1990s), 1.02 times greater than any other conflict.

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Economy

The economy of Troutman, NC employs 1.94k people. In 2023, the largest industries in Troutman, NC were Retail Trade (324 people), Health Care & Social Assistance (297 people), and Manufacturing (220 people), and the highest paying industries were Finance & Insurance ($139,333), Finance & Insurance, & Real Estate & Rental & Leasing ($100,288), and Professional, Scientific, & Technical Services ($96,375).

Employment

Occupations

1.94k
2023 Value
± 298
9.88%
1 Year growth
± 19%

From 2022 to 2023, employment in Troutman, NC grew at a rate of 9.88%, from 1.76k employees to 1.94k employees.

The most common job groups, by number of people living in Troutman, NC, are Office & Administrative Support Occupations (313 people), Sales & Related Occupations (229 people), and Business & Financial Operations Occupations (191 people). This chart illustrates the share breakdown of the primary jobs held by residents of Troutman, NC.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

1.94k
2023 Value
± 298
9.88%
1 Year growth
± 19%

From 2022 to 2023, employment in Troutman, NC grew at a rate of 9.88%, from 1.76k employees to 1.94k employees.

The most common employment sectors for those who live in Troutman, NC, are Retail Trade (324 people), Health Care & Social Assistance (297 people), and Manufacturing (220 people). This chart shows the share breakdown of the primary industries for residents of Troutman, NC, though some of these residents may live in Troutman, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$73,381
Median earning men ± $13,160
$29,481
Median earning women ± $2,451

The industries with the best median earnings for men in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($163,320), Educational Services, & Health Care & Social Assistance ($158,140), and Transportation & Warehousing, & Utilities ($95,958).

The industries with the best median earnings for women in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($88,083), Educational Services, & Health Care & Social Assistance ($35,877), and Manufacturing ($31,875).

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Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.
Y-Axis
3.04%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

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Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Working Population

Educational Pyramid

Data is only available at the state level. Showing data for North Carolina.
Measure

In 2023, 0.995% of men over 25 years of age had not completed any academic degree (no schooling), while 0.855% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for North Carolina.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (2.18M), Some college (1.81M), and Bachelors Degree (1.69M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Troutman, NC was $349,100 in 2023, which is 1.15 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $287,500 to $349,100, a 21.4% increase. The homeownership rate in Troutman, NC is 78.5%, which is higher than the national average of 65%.

People in Troutman, NC have an average commute time of 27.7 minutes, and they drove alone to work. Car ownership in Troutman, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$349,100
Median Property Value 2023
±$45,796
$1,122
Median Property Taxes
±$215

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Troutman, NC the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Troutman, NC compared to it's parent and neighbor geographies.

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Rent vs Own

78.5%
Homeownership
2023
63.8%
Homeowners with Mortgage
2023

In 2023, 78.5% of the housing units in Troutman, NC were occupied by their owner. This percentage grew from the previous year's rate of 71.8%.

This chart shows the percentage of owner in Troutman, NC compared it's parent and neighboring geographies.

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Troutman, NC colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$76,389
Median Household Income
± $12,937
1.43k
Number of Households
± 240

In 2023, the median household income of the 1.43k households in Troutman, NC grew to $76,389 from the previous year's value of $74,219.

The following chart displays the households in Troutman, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

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Wage Distribution

The closest comparable wage GINI for Troutman, NC is from North Carolina.
0.467
2023 Wage GINI in North Carolina
0.47
2022 Wage GINI in North Carolina

In 2023, the income inequality in North Carolina was 0.467 according to the GINI calculation of the wage distribution. Income inequality had a 0.639% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.476. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (62.5%)
  2. Worked At Home (21.8%)
  3. Carpooled (14.9%)

In 2023, 62.5% of workers in Troutman, NC drove alone to work, followed by those who worked at home (21.8%) and those who carpooled to work (14.9%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

27.7 minutes
Average Travel Time

Using averages, employees in Troutman, NC have a longer commute time (27.7 minutes) than the normal US worker (26.6 minutes). Additionally, 5.31% of the workforce in Troutman, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Troutman, NC compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Troutman, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Troutman, NC have 2 cars.

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Poverty

Poverty & Diversity

3.26% of the population for whom poverty status is determined in Troutman, NC (124 out of 3.81k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 75+, followed by Females 65 - 74 and then Males 55 - 64.

The most common racial or ethnic group living below the poverty line in Troutman, NC is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

93.6% of the population of Troutman, NC has health coverage, with 66.9% on employee plans, 5.65% on Medicaid, 8.22% on Medicare, 7.85% on non-group plans, and 4.96% on military or VA plans.

Primary care physicians in North Carolina see 1,413 patients per year on average, which represents a 0% change from the previous year (1,413 patients). Compare this to dentists who see 1634 patients per year, and mental health providers who see 317 patients per year.

By gender, of the total number of insured persons, 49.3% were men and 50.7% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 30.4% under 18 years, 16.4% between 18 and 34 years, 42.9% between 35 and 64 years, and 10.3% over 64 years.

By gender, of the total number of insured persons, 49.3% were men and 50.7% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

6.41%
Uninsured
66.9%
Employer Coverage
5.65%
Medicaid
8.22%
Medicare
7.85%
Non-Group
4.96%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Troutman, NC declined by 28.7% from 8.99% to 6.41%.

The following chart shows how the percent of uninsured individuals in Troutman, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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