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Demographics
Population
Median Income
Racial Distributions
Zip code 28117 in Lake Norman of Iredell, North Carolina, is classified as having low diversity with a white racial majority as of 2022. The area has a median income of $104,114, which is above the national average. The population reached 46,205 in 2022. This community has experienced minor demographic changes over the past decade.
From 2013 to 2022, the area maintained a white majority status, with over 80% of residents being white. However, a gradual trend towards increased diversity has been observed. The white population decreased from 87% in 2013 to 80% in 2022. The Black population increased from 3% to 7%, the Asian population grew from 2% to 4%, the Hispanic population rose from 5% to 6%, and the population identifying as two or more races increased from 1% to 3%. These changes indicate a slow transition towards a more diverse community.
The demographic shifts correlate with an upward trend in median income. The median income increased from $95,253 in 2013 to $104,114 in 2022, a 9.3% increase. The population grew from 35,100 in 2013 to 46,205 in 2022, a 31.6% increase. This economic growth may be attracting a more diverse population to the area, contributing to the gradual demographic shifts observed.
The area's median income of $104,114 in 2022 is higher than the national median household income, which was approximately $70,784 in 2021. The population growth rate of 31.6% over a decade is higher than the national average, which is typically around 7-8% per decade. The area's racial composition, while slowly diversifying, remains less diverse than many urban and suburban areas across the United States.
Lake Norman of Iredell remains a predominantly white, affluent area with low diversity. However, it shows signs of gradual diversification. This trend, combined with strong economic growth and rapid population increase, suggests that the community is slowly evolving. If these trends continue, the area may transition to a moderate diversity category in the future, potentially altering the socio-economic composition of the community.