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Iredell County, NC

RANK #581 / 996  ·  POP 187,839  ·  NC

PROJECTED GROWTH: +0.4%

Iredell County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Iredell County?

Iredell County, North Carolina, is distinguished by Lake Norman, the state's largest man-made lake, which forms much of its western border and offers 520 miles of shoreline. Located in the Piedmont region, approximately 30 minutes north of Charlotte, the county presents a blend of suburban and rural living. Mooresville, known as "Race City USA," is a notable town within the county, recognized for its ties to NASCAR. The landscape features rolling hills and mixed hardwood forests, with the Brushy Mountains in the northwest. Outdoor recreation opportunities include extensive hiking and mountain biking trails at Lake Norman State Park, along with various community parks.

Life in Iredell County offers a mix of community types, from the historic county seat of Statesville to the growing areas around Lake Norman. Residents have access to two public school districts, Iredell-Statesville Schools and Mooresville Graded School District, both recognized for their educational quality. Commute options include the Iredell County Area Transportation System (ICATS), which provides local routes and an express service to Charlotte. The economy is experiencing growth, driven by investments across various sectors, including manufacturing and data centers. Businesses in the county have reported stable employment and optimism for future sales growth.

[02] Market Snapshot

Housing Ratio
4.5x

Below national median (4.7x)

GDP Growth
-0.6%

Contracting economy

Home Prices
+1.0%

Below national median

Climate & Terrain
1.3

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 4.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Iredell County U.S. National

The Numbers

DEMOGRAPHICS
Population
187,839
+2.11% YoY
Median Household Income
$73,103
Median Home Value
$261,200
+0.99% 12mo
Median Rent
$1,105
Average Annual Pay
$63,307
+1.5% YoY
Employment
81,195
-1.6% YoY
Income-to-Home-Value
0.2799
More affordable than average
Migration Inflow
3.74%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$399,900
Days on Market
99
Slower market
Months of Supply
5.5
Buyer's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
12.8%
Listings w/ Price Drops
26.1%
Building Permits (2024)
1,955
Single-Family Permits
1,827

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,265M
TOTAL
PROJECT AMOUNT STATUS
Statesville Data Center Campus
Compass Datacenters
$1,000M Planned
77 North Logistics Site
Undisclosed
$100M Planned
Northside 77 Industrial Space
Undisclosed
$90M Under Construction
North Fork Business Park
Undisclosed
$75M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth -0.6% 5 percentile
Population Growth +2.1% 90 percentile
Income Growth +9.4% 70 percentile
Vacancy Rate 1.1% 51 percentile
Home Price Change +1.0% 45 percentile
Rent Growth +2.5% 41 percentile
Price/Rent 13x 58 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Iredell County, NC a good place to move to?

Iredell County has a Boom Town Index score of 42/100, ranking #581 among 996 U.S. counties. With job growth at -1.6% and a median household income of $73,103, it faces some economic headwinds compared to faster-growing counties.

Is Iredell County affordable?

The median home value in Iredell County is $261,200 with median rent at $1,105/month. The income-to-home-value ratio is 0.2799, which is more affordable than the national average.

Is Iredell County growing or shrinking?

Population growth: +2.1% year-over-year. Job growth: -1.6%. Home values changed +1.0% in the past 12 months.

Are people moving to Iredell County?

Yes — 3.74% of Iredell County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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