Lake Norman, Davidson, NC demographics:
population, income, and more
Lake Norman population
How many people live in Lake Norman
Lake Norman is home to 600 residents, according to the most recent Census data. Gender-wise, 51.5% of Lake Norman locals are male, and 48.5% are female.
Age demographics
The median age in Lake Norman is 41, with the population distributed as follows: about 17.2% are children under 15, then 17.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 20.8% of the population, while another 29.3% fall into the 45 to 64 bracket. Finally, around 14.8% are 65 or older.
Racial makeup
In Lake Norman, 93.7% of the population are US-born citizens, while 3.8% have gained naturalized citizenship. At the same time, 2.5% of residents are non-citizens. As for race, 78% of locals are Caucasian, 7.8% are African American and 2.8% have Asian roots. There’s also a share of 10.7% that includes residents with two or more races.
Households in Lake Norman
A peek inside Lake Norman households
Lake Norman has 205 households, with an average of 3 members in each. Of these, 76.1% are families, while the remaining 23.9% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Lake Norman
The housing landscape of Lake Norman
Lake Norman's housing consists of 226 units, with 72.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 12% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.9% of the housing landscape.
The age of buildings in Lake Norman
In Lake Norman, the median construction year is 2005. About 1.3% of homes were built before the 1940s, with another 1.8% going up by 1949. Most development happened in the second half of the 20th century. Then, 28% of homes were added from 2000 to 2009, 30.7% between 2010 and 2019, and 6.7% are part of the newest wave of development.
Lake Norman occupancy rates
Out of the 205 occupied housing units in Lake Norman, 84.4% are owner-occupied, while 15.6% are lived in by tenants. Meanwhile, 9.3% of all homes on the local market sit vacant.
Lake Norman housing costs
Housing costs in Lake Norman come to a median of $1,910 per month, while tenants specifically pay a median gross rent of $1,729.
Education in Lake Norman
Lake Norman education at a glance
About 14.7% of the population in Lake Norman went to high school, while 19.9% pursued college studies. Another 6.6% earned an associate degree and 31.4% hold a bachelor’s. Meanwhile, 26.5% went even further, earning a master’s or doctorate.
Income in Lake Norman
How much people earn in Lake Norman
The average annual household income in Lake Norman was $221,966 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +9.6% change from the previous year. At the same time, the median income stood at $156,496, reflecting a +8% shift over the same period.
Lake Norman income by age
In Lake Norman, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $165,788. Those with someone between 45 and 64 in charge, often well established professionally, earn $234,818 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $2,499, while those led by someone over 65, many of whom may be retired, have about $89,868 in earnings. Overall, 94.9% of the locals in this community live above the poverty line.
Employment in Lake Norman
Workforce and job types in Lake Norman
90.2% of the working population are employed in professional or administrative positions, while 9.8% are in hands-on or service-based jobs. Also, 9.1% run their own businesses, 69.3% are employed by private companies, and 5.4% work in the public sector.
Workforce demographics
Transportation in Lake Norman
How people get around in Lake Norman
Commuting methods vary: 89.9% of residents travel by personal vehicle and 6.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Lake Norman by zipcode?
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FAQs about Lake Norman demographics
What is the total population of Lake Norman?
What is the gender ratio in Lake Norman?
- 51.5% males (309 residents)
- 48.5% females (291 residents)
What is the median age in Lake Norman?
What is the age distribution of the population in Lake Norman?
- Under 15: 17.2% (103 residents)
- Ages 15-24: 17.8% (107 residents)
- Ages 25-44: 20.8% (125 residents)
- Ages 45-64: 29.3% (176 residents)
- Over 65: 14.8% (89 residents)
What is the racial and ethnic makeup of Lake Norman?
- White: 78% (468 residents)
- Black or African American: 7.8% (47 residents)
- American Indian and Alaska Native: 0% ( residents)
- Asian: 2.8% (17 residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 10.7% (64 residents)
- Other: 0.7% (4 residents)
What percentage of the population in Lake Norman are U.S.-born citizens?
How many housing units are there in Lake Norman?
How many households are in Lake Norman and what is the average household size?
What is the median household income in Lake Norman?
What is the job market overview for Lake Norman?
Job types:
- White-collar workers: 90.2% (267 residents)
- Blue-collar workers: 9.8% (29 residents)
Places of employment:
- Self-employed: 9.1% (27 residents)
- Private companies: 69.3% (205 residents)
- Governmental workers: 5.4% (16 residents)
- Not-for-profit companies: 16.2% (48 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.