HomeNorth CarolinaIredell CountyTroutman
Troutman, North Carolina: commercial real estate data.
Troutman is a Census town of 3,995 people across 8.52 square miles of land, in Iredell County. Median household income is $98,462, 80.6 percent of occupied homes are owned, and the SBA record carries 11 7(a) approvals to borrowers here worth $4.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Troutman
What Troutman is
- Census place typetown
- Land area8.52 sq mi
- Water area0.03 sq mi
- Population per square mile of land469
- County holding the largest share of its areaIredell County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troutman
How many people live in Troutman
- Population3,995
- Median age35.8
- Population under 181,149 plus or minus 255
- Share under 1828.8 percent plus or minus 6.4
- Population 65 and over399 plus or minus 153
- Share 65 and over10.0 percent plus or minus 3.8
- Households1,516
- Family households1,072
- Share of households that are families70.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troutman
Income and work in Troutman
- Median household income$98,462
- Per capita income$45,160
- Civilian labor force2,139
- Employed2,067
- Unemployed72 plus or minus 66
- Unemployment rate3.4 percent plus or minus 3.1
- Adults 25 and over2,665
- Adults 25 and over with a high school diploma or higher98.6 percent
- Adults 25 and over with a bachelor degree or higher41.4 percent plus or minus 9.1
- Adults 25 and over with a graduate degree11.6 percent plus or minus 4.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troutman
Housing in Troutman
- Housing units1,580
- Occupied units1,516
- Vacant units64 plus or minus 68
- Vacancy rate4.1 percent plus or minus 4.3
- Owner occupied1,222
- Renter occupied294 plus or minus 116
- Ownership rate80.6 percent
- Median owner-occupied home value$398,800
- Median gross rent, monthly$1,292 plus or minus $820
- Annual rent as a share of median income15.7 percent plus or minus 10.3
- Single family units1,533
- Share single family97.0 percent
- Units in buildings of two or more47 plus or minus 52
- Share in buildings of two or more3.0 percent plus or minus 3.3
- Mobile homes0
- Median year structure built2007
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troutman
How Troutman gets to work
- Workers 16 and over who commute1,552
- Commuting under 15 minutes292 plus or minus 133
- Share commuting under 15 minutes18.8 percent plus or minus 8.0
- Commuting 30 minutes or more451 plus or minus 150
- Share commuting 30 minutes or more29.1 percent plus or minus 8.4
- Drove alone62.7 percent
- Carpooled12.3 percent plus or minus 8.0
- Public transport0.0 percent
- Walked1.0 percent plus or minus 1.6
- Worked from home24.0 percent plus or minus 9.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troutman
SBA loans in Troutman (7(a))
- Approvals11
- Gross approval$4,180,800
- Average approval$380,073
- Median approval$346,000
- Largest approval$1,525,000
- Jobs supported101
- Jobs per approval9.2
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more27.3 percent
- Share to franchises36.4 percent
- Distinct lenders9
- Distinct industries by NAICS11
Counted by borrower city: approvals to borrowers whose address is in Troutman, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Troutman
SBA loans in Troutman (504)
- Approvals1
- Gross approval$1,707,000
- Average approval$1,707,000
- Median approval$1,707,000
- Largest approval$1,707,000
- Jobs supported12
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Troutman, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Troutman
Flood risk in Troutman
- NFIP communityTown of Troutman
- NFIP community number370626
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/16/09
The Town of Troutman participates in the National Flood Insurance Program as community 370626 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Iredell County, not Troutman
Iredell County context, not Troutman figures
- Establishments in Iredell County5,405
- Covered employment, Iredell County81,195
- Average annual pay, Iredell County$63,307
- Housing units permitted, Iredell County1,955
Every figure in this section is published for Iredell County as a whole and is not a measurement of Troutman.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Troutman questions, answered from the record.
How many people live in Troutman, North Carolina?
3,995, in 1,516 households. Troutman town covers 8.52 square miles of land, which is 469 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Troutman in?
Iredell County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Troutman?
$98,462. The median owner-occupied home is valued at $398,800. Median gross rent is $1,292 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Troutman businesses?
11 7(a) approvals totaling $4.2 m since FY2020, across 9 lenders, median approval $346,000, plus 1 504 approvals worth $1.7 m since FY2010. These count approvals to borrowers whose address is in Troutman, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Troutman borrowers get paid back?
No rate is published for Troutman. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Troutman in the National Flood Insurance Program?
Yes. Troutman appears in the FEMA Community Status Book as Troutman, town of, community 370626, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Troutman figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Iredell County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Troutman.
Is zoning published for Troutman?
No. Nothing on this page presents parcel level zoning.
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