Income & Economy in Lake Norman of Iredell, NC

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$194,519

+166% vs national

Per Capita Income

$91,550

+146% vs national

Poverty Rate

2.5%

-81% vs national

Gini Index

0.4659

0 = perfect equality

Unemployment

2.4%

-54% vs national

SNAP Recipients

1.0%

of households

How Lake Norman of Iredell Compares

Source: Census ACS (2023)

Lake Norman of Iredell vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Lake Norman of Iredell is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Lake Norman of Iredell. The median household income here is $194,519.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
4.5%
$25-50K
5.5%
$50-75K
9.5%
$75-100K
6.4%
$100-150K
15.7%
$150-200K
10.0%
$200K+
48.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.4%

-59% vs NC avg

Labor Force

6,105

Employed

5,959

Mean Commute

22 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

46.9%

of adults 25+

High School Diploma+

54.2%

of adults 25+

Median Age

47.7

Work from Home

27.4%

of workers

The median household income in Lake Norman of Iredell, NC is $194,519, which is 165.6% above the national average of $73,224. Per capita income is $91,550. The poverty rate of 2.5% is lower than the NC state average of 16.0%. The Gini index of income inequality is 0.4659, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.4%, compared to the state average of 5.8%. 46.9% of adults hold a bachelor's degree or higher. The average commute time is 22 minutes, with 27.4% working from home.