Troutman, NC
Population 3,813 · North Carolina
About Troutman, NC
Troutman is a small town located in North Carolina with a population of 3,813 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,389 per year, which is 2% above the national median of $75,149. The median age of 35.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Troutman features a median home value of $349,100, which is 43% above the national median of $244,900. This positions Troutman in a moderately priced market relative to the rest of the country. Median monthly rent is $1,045, 10% below the national average of $1,163/month. Of the 1,504 total housing units, 78% are owner-occupied (1,122 units) and 22% are renter-occupied (308 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Troutman shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Troutman have an average one-way commute time of 27.7 minutes.
Education & Demographics
38.7% of Troutman 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 2.8% White, 0.2% Hispanic or Latino, 0.6% Black or African American, and 2.4% Asian residents, with 3.7% of the population being foreign-born.
Cost of Living in Troutman, NC
Compared to national averages, Troutman has a median household income of $76,389 (2% above the national median of $75,149). Home values average $349,100, which is 43% above the national median. Monthly rent at $1,045 is 10% below the US average of $1,163. Within North Carolina, Troutman's income is 18% above the state average of $64,468, and home values are 52% above the state median of $228,922.
Why Live in Troutman, NC?
Troutman offers a strong local economy with a median household income of $76,389, well above the national average, and rent that’s lower than the national average at $1,045/month, and a well-educated community where 38.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.3%, better than the national average.
Troutman has a population of 3,813 with a median age of 35.7 years. Compare Troutman with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Troutman
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rockfish | 3,807 | $63,046 | $191,000 | Compare |
| Dana | 3,824 | $55,801 | $223,400 | Compare |
| Skippers Corner | 3,834 | $67,469 | $249,200 | Compare |
| Hudson | 3,777 | $61,600 | $196,200 | Compare |
| Maiden | 3,777 | $52,102 | $219,300 | Compare |
| Swansboro | 3,887 | $112,382 | $356,900 | Compare |
| Lowesville | 3,737 | $117,835 | $381,600 | Compare |
| Landis | 3,726 | $82,645 | $233,400 | 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 Troutman With Other Cities
Frequently Asked Questions about Troutman
What is the population of Troutman, NC?
The population of Troutman, NC is 3,813 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 Troutman?
The median household income in Troutman, NC is $76,389 per year, which is 2% above the national median of $75,149.
What is the median home value in Troutman?
The median home value in Troutman, NC is $349,100, which is 43% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Troutman?
The median monthly rent in Troutman, NC is $1,045, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Troutman?
The unemployment rate in Troutman, NC is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Troutman, NC a good place to live?
Troutman offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,813 and a median age of 35.7, the city appeals to a broad range of residents.
How educated is Troutman, NC?
38.7% of residents in Troutman 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 Troutman?
Key cost-of-living indicators for Troutman, NC: median home value is $349,100 (43% above national), median rent is $1,045/month, and median household income is $76,389. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Troutman?
The poverty rate in Troutman, NC is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Troutman, NC?
Troutman's population is 2.8% White, 0.2% Hispanic or Latino, 0.6% Black or African American, 2.4% Asian, and 12.4% two or more races. 3.7% of residents are foreign-born.