GDP / Output
+2.0% YoY
53
$13.5B
Output changed +2.0% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
PLACEThriving
Lake Norman Of Iredell, NC
Thriving overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.
Overall score69out of 100
53
72
34
87
98
Population
12,494
Data freshness
Unknown
Jobs
Unemployment rate
72
3.3%
Unemployment is 3.3% for April 2026.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
-2.6% 5-year
34
12,494
Population moved -2.6% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
87
9.2%
Median rent consumes 9.2% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.8K per resident
98
$1.5B
$1.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.5B
$7.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.0B
2. Department of Transportation$136.3M
3. Department of Veterans Affairs$131.9M
Top recipients
Dollars1. TRANSPORTATION NORTH CAROLINA DEPARTMENT$136.3M
2. CORVID TECHNOLOGIES, LLC$74.3M
3. GLEMCO LLC$13.2M
Affordable
Housing Affordability
9.2%
of median income
1BR estimate$1,088
2BR estimate$1,433
Median income$173,542
Median home value$887,400
ACS context
Quick Facts
Population
12,494
Median age
48.3
Bachelor's degree+
67.2%
Poverty rate
2.5%
Labor force participation
58.9%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-0.5%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
202012,832
202112,499
202212,526
202312,496
202412,494
GDP (5 years)
2020$10.2B
2021$11.4B
2022$12.3B
2023$13.3B
2024$13.5B
2-year linear forecast
Predictive Outlook
Population forecast
202412,494
202512,366 *
202612,298 *
R² = 53.1% · * projected
GDP forecast
2024$13.5B
2025$14.7B *
2026$15.6B *
R² = 96.6% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$173,542/yr
Median rent$1,327/mo
Rent share of income9.2%
Est. mortgage (30yr, 6.5%)$53,846/yr
Mortgage share of income31.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.3%
State avg3.7%
U.S. avg4.3%
Labor force participation58.9%
Poverty rate2.5%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$887,400
Median monthly rent$1,327
Price-to-rent ratio55.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score58/100
Economic growth53/100
Labor market72/100
Population momentum34/100
Overall stability69/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.