C+

Troutman, NC

Source:

Affordability Score: 64/100

Population: 8,619 · 1 ZIP codes

The affordability dashboard for Troutman, NC aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 8,619 residents, then layers in county-level federal data to produce an overall grade of C+ (64/100). The headline inputs are median household income of $93,511, median home value of $348,600, median rent of $1,205 per month, and 27.4% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,340 per month (studio $1,167, 1BR $1,222, 3BR $1,809, 4BR $2,248). Department of Labor data lists infant center-based childcare at $11,601 per year, consuming 12% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Troutman, NC include income, rent. Unemployment currently reads 2.9% and poverty 6.2% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B+
$93,511
Median household income
Education D
27.4%
Bachelor's degree or higher
Housing D
3.7x
Home value $348,600 vs income
Commute C
24 min
Average commute time
Rent A
$1,340/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C+
$11,601/yr
Center-based infant care (12% of income)

Income & Employment

Median Income
$93,511
▲ 51% vs national
Per Capita Income
$42,981
Unemployment Rate
2.9%
Poverty Rate
6.2%

Housing

Median Home Value
$348,600
▲ 27% vs national
Median Rent
$1,205/mo
Owner Occupied
83.8%
2BR Fair Market Rent
$1,340/mo
▲ 12% vs national

Fair Market Rents by Bedroom

Studio
$1,167
1BR
$1,222
2BR
$1,340
3BR
$1,809
4BR
$2,248

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
27.4%
▼ 3 ppt vs national
High School+
54.9%
Median Age
39.1
Avg. Commute
24 min
▼ 2 min vs national

Childcare Costs

Infant (Center)
$11,601/yr
12% of income
Toddler (Center)
$9,077/yr
Preschool (Center)
$7,732/yr
School-Age (Center)
$7,785/yr

What This Means

Troutman, NC receives an overall affordability grade of C+ (64/100), aggregated from 1 ZIP codes with a total population of 8,619. This area performs well in income and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Troutman, NC affordable?
Troutman, NC receives an overall affordability grade of C+ (64/100) based on Census, HUD, FBI, and DOL data. Median household income is $93,511. Median home value is $348,600.
What is the cost of living in Troutman?
Key cost metrics: Median rent $1,205/mo. 2BR fair market rent $1,340/mo. Infant childcare $11,601/yr. Median home value $348,600.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →