Lake Norman of Iredell is an unincorporated community in Iredell County, NC. It has no city government: the county runs it, and the Census counts it as its own place.

What it's like to live in Lake Norman of Iredell

Lake Norman of Iredell is an unincorporated community in North Carolina with county unemployment below the national average, household incomes running above the national average, a highly educated workforce, and schools with class sizes near the national average. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Lake Norman of Iredell deals with home prices well above the national average and commute times longer than most cities.

The good

  • Low unemployment in the county
  • Higher-than-average incomes
  • Highly educated workforce
  • Average class sizes

The not so good

  • High home prices
  • Above-average commute times

How Lake Norman of Iredell compares

Median household income

Lake Norman of Iredell$173,542
North Carolina avg$72,388
US$80,734

Median rent (per month)

Lake Norman of Iredell$1,327
North Carolina avg$1,228
US$1,413

Median home value

Lake Norman of Iredell$887,400
North Carolina avg$288,900
US$332,700

What it takes to move to Lake Norman of Iredell

Based on Lake Norman of Iredell's median rent, home value and household income

To rent

$2,654

up front: first month plus a typical one-month deposit

  • Income to keep rent under 30%: $53,080 a year
  • 40% of Lake Norman of Iredell renters spend 30% or more of their income on rent

To buy

$177,480

a 20% down payment on the median home

  • With 10% down: $88,740
  • Homes cost 5.1× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of livingNear US average

$1,327/mo median rent

Cost of living works in this city's favor. Median rent sits around $1,327 a month, nothing that raises eyebrows. Solid value overall. Home prices are steep, with a median around $887,400. Renting first to get a feel for the city before buying is often the more practical route.

Median home value $887,400 · 40% of renters cost-burdened

Job market

3.6% county unemployment

Unemployment in Iredell County is 3.6%, a little below the national average of 4.3%. That's the county-wide rate; BLS doesn't measure a place this size on its own.

Iredell County (county-wide)

Safety

142 violent crimes per 100k, whole jurisdiction

Lake Norman of Iredell doesn't have its own police department, so there's no crime rate for it alone. The figures shown are for the Iredell County Sheriff's Office jurisdiction as a whole, which runs below the national average for violent crime and covers many communities. Individual neighborhoods can differ a lot from that overall rate.

Property crime 485/100k · Policed by Iredell County Sheriff's Office (county-wide rate) · 2025 data

Getting around▲ 15% above US

30 min average commute

Commutes run about average, at 29.9 minutes. Fine day to day, but it adds up over a year, and where someone lives relative to where they work starts to matter. 7 in 10 workers drive to work; 28% work from home.

How workers get to work

Drive alone
65%
Work from home
28%
Carpool
3.8%
Other
2.0%
Walk
1.0%
Public transit
0.2%

Climate

Summers are warm, with highs around 87°F, and winters are chilly but manageable, with lows around 33°F. Rainfall is regular throughout the year.

Average month

High °FLow °FPrecip (in)
20°40°60°80°100°5"Jan: 3.72" precipitationFeb: 3.15" precipitationMar: 4.24" precipitationApr: 3.85" precipitationMay: 4.13" precipitationJun: 4.17" precipitationJul: 4.15" precipitationAug: 4.78" precipitationSep: 4.01" precipitationOct: 3.33" precipitationNov: 3.47" precipitationDec: 3.62" precipitation31°JJan: high 50°F, low 31°FFFeb: high 54°F, low 34°FMMar: high 62°F, low 41°FAApr: high 71°F, low 49°FMMay: high 79°F, low 58°FJJun: high 86°F, low 65°F89°JJul: high 89°F, low 69°FAAug: high 87°F, low 67°FSSep: high 81°F, low 61°FOOct: high 72°F, low 50°FNNov: high 61°F, low 40°FDDec: high 53°F, low 34°F

30-year averages, 1991–2020

Education & workforce▲ 87% above US

67% bachelor's degree or higher

This is a highly educated city, with over half the adult population holding a college degree. That tends to shape the job market and the broader culture, and it's a solid indicator of a strong professional scene.

Schools

2 public schools inside the boundary

There are 2 public schools inside the boundary. The student-to-teacher ratio is 15:1, close to the national average of 16:1. Smaller class sizes are generally a positive sign for a district.

Parks & recreation

The nearest national park or historic site is Overmountain Victory National Historic Trail (37 miles away). There are 6 national parks and sites within a day's drive.

Bottom line

Lake Norman of Iredell's strongest points are county unemployment below the national average and household incomes running above the national average; the main tradeoffs are home prices well above the national average and commute times longer than most cities. A year of median rent ($1,327/mo) equals 9% of the median household income here, less than the 21% typical nationwide. It tends to suit remote workers (28% of workers here already work from home) and college-educated professionals.

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