Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Troutman area can be challenging. Home prices in Troutman are now at a median cost of $353,588, higher than the North Carolina average of $323,314.
The average cost of rent is $1,840/mo in Troutman, primarily driven by the current value of real estate in the Troutman area. In Troutman, 16.27% of households rent, and 38.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Troutman is $8,874 per month. Households that rent pay about 20.74% of their income on rent here. Troutman’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shinnville, NC: less expensive homes
- Terrell, NC: higher priced homes
- Mooresville, NC: higher priced homes
- Eufola, NC: less expensive homes
- Statesville, NC: less expensive homes
- Longisland, NC: equally priced homes
- Lake Norman of Catawba, NC: higher priced homes
- Sherrills Ford, NC: equally priced homes
- Mount Ulla, NC: less expensive homes
- Catawba, NC: less expensive homes
Cities with Similar Populations
- Humboldt, TN: less expensive homes
- Whitesboro, NY: less expensive homes
- Whiting, IN: less expensive homes
- Wilkesboro, NC: less expensive homes
- Wills Point, TX: less expensive homes
- Kalaoa, HI: higher priced homes
- Jupiter Farms, FL: higher priced homes
- Jericho, NY: higher priced homes
- Jefferson Hills, PA: less expensive homes
- Isanti, MN: less expensive homes
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