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Lake Norman of Iredell

Learn about the people, housing, costs and businesses in Lake Norman of Iredell, North Carolina

Median Home$961,892
Median Rent$1,467/month
Population12,264
Leading IndustriesTransportation · Arts, Food & Hospitality · Healthcare6% transportation
Home Value Growth⬆⬆+17.6% over 2 years
Family-Friendly22% of residents
Homeowners92% of occupied units
NotableHighly Educated42% bachelor's · 16% graduate · top 1% nationally
NotableHigh Incomes$172k/year · top 2% nationally
Lake Norman of Iredell
NC

Explore Lake Norman of Iredell

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lake Norman of Iredell?

As of today, the 30-year fixed mortgage rate for Lake Norman of Iredell is approximately 6.806% (6.839% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lake Norman of Iredell
What is the median home price in Lake Norman of Iredell?

The median home value in Lake Norman of Iredell is $962k. The median monthly rent is $1,467. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Norman of Iredell?

Home values in Lake Norman of Iredell have increased 17.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lake Norman of Iredell?

Based on a typical all-in ownership cost of $2,495/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $107k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Norman of Iredell is $172k/year.

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What industries drive the economy in Lake Norman of Iredell?

The largest employment sectors in Lake Norman of Iredell are public administration (23%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.