Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

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Troutman, NC

CSACharlotte-Concord MSACharlotte-Concord-Gastonia#19/77 Home Value

Census

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Demographicsi2024 ACS 5-Year EstimatesCensus

3,995population

35.8median age

This community is a community of 3,995 with a median age of 35.8. The population is predominantly White (78.6%) with a significant Black community (10.5%). Median household income is $98,462. 98.6% of adults hold a high school diploma or higher, and 41.4% have a bachelor's degree. The homeownership rate is 80.6%, with a median home value of $398,800.

Race & Ethnicityi

White

78.6%3,140

Black

10.5%418

Hispanic/Latino

7%280

Asian

2.3%93

Two or More

1.6%64

Educational Attainment (Age 25+)i

GED/Alternative

8.4%223

High School Diploma

17.6%468

Some College (<1 yr)

6.9%185

Some College (1+ yr)

11.5%306

Associate's Degree

12.9%343

Bachelor's Degree

29.8%795

Master's Degree

10%266

Professional Degree

1.5%39

Doctorate

0.2%4

HS or Higher

98.6%

BA or Higher

41.4%

Graduate+

11.6%

Housingi

$398,800median home value

$1,292median rent

80.6%homeownership

1,580total units

4.1%vacancy

Tenure

Owner 80.6%

Renter 19.4%

Home Values

Under $50K

1.8%22

$50K–$100K

3.9%48

$100K–$150K

5.2%64

$150K–$200K

10.1%123

$200K–$300K

8.1%99

$300K–$500K

52.4%640

$500K–$1M

17.8%217

$1M+

0.7%9

Rent Distribution

$500–$750

$750–$1,000

$1,000–$1,250

$1,250–$1,500

$1,500–$2,000

$2,000+

Year Built

2020 or later

17.5%277

2010–2019

25.5%403

2000–2009

20%316

1990–1999

0.3%5

1980–1989

8.2%129

1970–1979

9.8%155

1960–1969

3.7%58

1950–1959

8.5%134

1940–1949

3.4%53

1939 or earlier

3.2%50

Heating Fuel

Electricity

51.5%781

Utility Gas

38.3%581

Fuel Oil

7.3%111

Bottled/LP Gas

2.8%43

Household Economyi

$98,462median household income

$45,160per capita income

6.1%poverty rate

3.4%unemployment

2,139labor force

Household Income Distribution

Under $10K

1.4%21

$10K–$15K

7.1%107

$15K–$20K

0.3%4

$20K–$25K

4.7%71

$25K–$30K

1.8%28

$30K–$35K

3%46

$40K–$45K

0.3%4

$45K–$50K

4%61

$50K–$60K

1.1%17

$60K–$75K

10.9%166

$75K–$100K

16.4%249

$100K–$125K

14.7%223

$125K–$150K

5.1%77

$150K–$200K

13.9%210

$200K+

15.3%232

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

Residentsi

Avg. Tenant Renti

$484/mo

Avg. Waitlisti

18 months

Programs in this community

Housing Choice Vouchers22 homes98% occupied$484/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Household Incomei

Based on area median of $98,462/yr

Extremely low incomeUnder $30K/yr

71%

Very low income$30K–$49K/yr

24%

Low income$49K–$79K/yr

Who Receives This Housing

95% of subsidized households are headed by a single mother

86% of subsidized households are minority

10% of subsidized households include someone with a disability

14% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

1503.8%

By Region

Top Countries

India

Commute & Transportationi

Workersi

2,043

Avg. Commutei

27.3 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

2,067

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

146(5.1% of civilian adults)

Health Insurancei

96.9%Insured

3.1%Uninsured

Troutman, NC Population, Income & Demographics 2026