Lake Norman of Catawba, NC
Population 9,308 · North Carolina
About Lake Norman of Catawba, NC
Lake Norman of Catawba is a small town located in North Carolina with a population of 9,308 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,836 per year, which is 42% above the national median of $75,149. The median age of 50.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Norman of Catawba features a median home value of $522,300, which is 113% above the national median of $244,900. This places Lake Norman of Catawba in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,246, 7% above the national average of $1,163/month. Of the 4,725 total housing units, 89% are owner-occupied (3,434 units) and 11% are renter-occupied (437 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Norman of Catawba shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Norman of Catawba have an average one-way commute time of 34.5 minutes.
Education & Demographics
42.6% of Lake Norman of Catawba residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 4.7% White, 0.0% Hispanic or Latino, 0.8% Black or African American, and 4.6% Asian residents, with 4.1% of the population being foreign-born.
Cost of Living in Lake Norman of Catawba, NC
Compared to national averages, Lake Norman of Catawba has a median household income of $106,836 (42% above the national median of $75,149). Home values average $522,300, which is 113% above the national median. Monthly rent at $1,246 is 7% above the US average of $1,163. Within North Carolina, Lake Norman of Catawba's income is 66% above the state average of $64,468, and home values are 128% above the state median of $228,922.
Why Live in Lake Norman of Catawba, NC?
Lake Norman of Catawba offers a strong local economy with a median household income of $106,836, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 42.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $522,300. However, Lake Norman of Catawba’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Norman of Catawba has a population of 9,308 with a median age of 50.5 years. Compare Lake Norman of Catawba with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Lake Norman of Catawba
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gibsonville | 9,289 | $105,981 | $262,400 | Compare |
| St. Stephens | 9,409 | $57,882 | $187,500 | Compare |
| Hampstead | 9,129 | $90,184 | $395,900 | Compare |
| Rockingham | 9,094 | $36,695 | $133,900 | Compare |
| Kings Grant | 9,061 | $60,009 | $258,200 | Compare |
| Aberdeen | 8,969 | $72,955 | $287,200 | Compare |
| Hillsborough | 9,656 | $98,467 | $430,100 | Compare |
| Wesley Chapel | 8,923 | $129,962 | $493,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Norman of Catawba With Other Cities
Frequently Asked Questions about Lake Norman of Catawba
What is the population of Lake Norman of Catawba, NC?
The population of Lake Norman of Catawba, NC is 9,308 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Lake Norman of Catawba?
The median household income in Lake Norman of Catawba, NC is $106,836 per year, which is 42% above the national median of $75,149.
What is the median home value in Lake Norman of Catawba?
The median home value in Lake Norman of Catawba, NC is $522,300, which is 113% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Norman of Catawba?
The median monthly rent in Lake Norman of Catawba, NC is $1,246, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Lake Norman of Catawba?
The unemployment rate in Lake Norman of Catawba, NC is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Norman of Catawba, NC a good place to live?
Lake Norman of Catawba offers above-average incomes, a competitive housing market, and a strong job market. With a population of 9,308 and a median age of 50.5, the city appeals to established professionals and retirees.
How educated is Lake Norman of Catawba, NC?
42.6% of residents in Lake Norman of Catawba aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake Norman of Catawba?
Key cost-of-living indicators for Lake Norman of Catawba, NC: median home value is $522,300 (113% above national), median rent is $1,246/month, and median household income is $106,836. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Lake Norman of Catawba?
The poverty rate in Lake Norman of Catawba, NC is 5.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Norman of Catawba, NC?
Lake Norman of Catawba's population is 4.7% White, 0.0% Hispanic or Latino, 0.8% Black or African American, 4.6% Asian, and 1.4% two or more races. 4.1% of residents are foreign-born.