HomeNorth CarolinaIredell County
Iredell County, North Carolina: commercial real estate data.
Iredell County, North Carolina has a population of 196,544 across 574 square miles, up 10.5 percent since the 2020 census base. County output reached $13.55 bn in 2024, 5,405 establishments operate here, and the SBA record carries 207 7(a) approvals worth $145.9 m.
128 sourced county values · tier FULL · 12 sections
Iredell County
How many people live in Iredell County
- Population196,544
- Households76,344
- Average household size2.57
- Median household income$81,419
- Median age40.8
- Median gross rent$1,252 per month
- Median owner-occupied home value$321,400
- Home value to household income3.9 times
- Annual rent as a share of median income18.5 percent
- Adults 25 and over with a bachelor degree or higher34.1 percent
- Adults 25 and over with a graduate degree11.1 percent
- Adults 25 and over137,284
- Population under 1843,749
- Share under 1822.3 percent
- Population 65 and over32,939
- Share 65 and over16.8 percent
- Working age population, 18 to 64119,856
- Civilian labor force102,431
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over67.0 percent
- Rank by population among North Carolina counties14th of 100
- Rank by population among US county-equivalents355th
Iredell County is the 14th largest of 100 North Carolina counties by population. A median home costs 3.9 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.3 percent against 16.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Iredell County
Is Iredell County growing
- Population change since the 2020 census base10.54 percent
- Census 2020 base population186,688
- Births, 20242,082
- Deaths, 20241,897
- Natural change, 2024185
- Net domestic migration, 20245,023
- Net international migration, 2024852
- Total net migration, 20245,875
- Cumulative net domestic migration, 2021 to 202416,205
- Rank by growth among US county-equivalents135th
The county has grown 10.54 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Iredell County
Where people moving to Iredell County come from
- Tax returns filed by households arriving6,805
- People arriving, from those returns12,732
- Adjusted gross income arriving$616.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$90,546
- Largest single originIredell County Non-migrants (69,636 households)
- Largest single destination (69,636 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Iredell County Non-migrants | 69,636 | 146,222 | $7.23 bn |
| Other flows - Different State | 2,557 | 5,032 | $289.0 m |
| Mecklenburg County | 1,431 | 2,638 | $117.9 m |
| Other flows - South | 1,128 | 2,173 | $113.6 m |
| Other flows - Northeast | 635 | 1,235 | $62.9 m |
| Other flows - Midwest | 465 | 926 | $48.0 m |
| Other flows - West | 329 | 698 | $64.5 m |
| Other flows - Same State | 300 | 508 | $22.4 m |
The largest single source of arrivals is Iredell County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Iredell County
What the Iredell County economy runs on
- County GDP, 2024$13.55 bn
- County GDP, 2023$13.28 bn
- GDP change, 2023 to 20242.0 percent
- GDP change over five years32.7 percent
- Rank by GDP among North Carolina counties9th
- Rank by GDP among US county-equivalents348th
- GDP per resident$68,932
Output grew 2.0 percent in the latest year and 32.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Iredell County
Who employs people in Iredell County
- Covered employment, annual average81,195
- Establishments reporting7,123
- Average annual pay$63,307
- Average weekly wage$1,217
- Sector 44-45, employment12,076
- Sector 44-45, average annual pay$40,537
- Sector 31-33, employment11,735
- Sector 31-33, average annual pay$67,980
- Sector 62, employment8,182
- Sector 62, average annual pay$60,516
- Sector 72, employment8,149
- Sector 72, average annual pay$22,969
- Sector 23, employment5,189
- Sector 56, employment4,566
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 12,076 | 748 | $40,537 |
| Sector 31-33 | 11,735 | 362 | $67,980 |
| Sector 62 | 8,182 | 645 | $60,516 |
| Sector 72 | 8,149 | 457 | $22,969 |
| Sector 23 | 5,189 | 764 | $71,350 |
| Sector 56 | 4,566 | 533 | $48,160 |
| Sector 42 | 3,804 | 559 | $94,558 |
| Sector 71 | 2,654 | 186 | $65,800 |
The largest sector is the biggest private employer group at 12,076 jobs, 14.9 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Iredell County
What businesses operate in Iredell County
- Establishments, all industries5,405
- Employment at those establishments80,234
- Annual payroll$5.13 bn
- Establishments per 1,000 residents27.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Iredell County
What is being built in Iredell County
- Housing units authorised by permit, 20241,955
- Declared construction value permitted$434.5 m
- Single family units authorised1,827
- Multifamily units authorised128
- Multifamily share of units6.5 percent
- Average declared value per unit$222,259
- Units authorised per 1,000 households25.6
Multifamily is 6.5 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Iredell County
How much SBA lending happens in Iredell County
- 7(a) approvals recorded207
- 7(a) gross approval dollars$145.9 m
- Average 7(a) approval$704,964
- Median 7(a) approval$319,000
- 10th percentile approval$40,000
- 90th percentile approval$2,000,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)2,293
- Jobs per approval11.1
- Distinct 7(a) lenders active54
- Distinct industries receiving approvals113
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer19.8 percent
- Loans on real estate terms41
- Loans on working capital terms, 120 months or shorter152
- Franchise loans44
- Franchise share of approvals21.3 percent
- Leading industry by approval countSnack and Nonalcoholic Beverage Bars (8)
- Most active lenderLive Oak Banking Company (17)
- 504 approvals recorded47
- 504 gross approval dollars$49.4 m
- Average 504 approval$1,051,255
- Median 504 approval$750,000
- Distinct CDCs active5
- 504 jobs per approval14.6
- 504 jobs per million dollars approved13.9
- Most active CDCBusiness Expansion Funding Corporation (32)
- 7(a) share of SBA approvals81.5 percent
- Combined SBA approval dollars$195.3 m
The average approval of $704,964 sits well above the median of $319,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 19.8 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Iredell County
Do SBA loans in Iredell County get paid back
- Loans with a final outcome recorded34
- Paid in full32
- Charged off2
- Charge off rate on resolved loans5.9 percent
- Status: Paid in full32
- Status: Exempt from disclosure135
- Status: Cancelled17
- Status: Charged off2
- Status: Committed, not yet disbursed21
Of the 34 loans that have reached a final outcome, 5.9 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Iredell County
Which parts of Iredell County get the lending
- Places in the county with recorded lending10
- MOORESVILLE, approvals136
- STATESVILLE, approvals49
- TROUTMAN, approvals11
- HARMONY, approvals3
- UNION GROVE, approvals2
- Cleveland, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| MOORESVILLE | 136 | $93,510,400 |
| STATESVILLE | 49 | $41,078,300 |
| TROUTMAN | 11 | $4,180,800 |
| HARMONY | 3 | $630,000 |
| UNION GROVE | 2 | $355,000 |
| Cleveland | 2 | $4,748,000 |
| Kannapolis | 1 | $125,000 |
| MOUNT ULLA | 1 | $150,000 |
MOORESVILLE accounts for 136 approvals against 49 in STATESVILLE. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Iredell County
How big is Iredell County
- Land area574 sq mi
- Rank by land area among North Carolina counties26th of 100
- Width, east to west23.4 mi
- Height, north to south39.2 mi
- Geographies sharing a boundary9
- Residents per square mile of land342
- Establishments per square mile9.42
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Iredell County
What hazards affect Iredell County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Iredell County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Iredell County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population196,544
- Households76,344
- Average household size2.57
- Median household income$81,419
- Median age40.8
Common questions
Iredell County questions, answered from the record.
How many people live in Iredell County, North Carolina?
196,544, in 76,344 households, ranking 14th of 100 North Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Iredell County growing?
The population has grown 10.54 percent since the 2020 census base. In 2024 there were 2,082 births against 1,897 deaths, with net migration of 5,875. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Iredell County?
$81,419. The median owner-occupied home is valued at $321,400, which is 3.9 times income, and median gross rent is $1,252 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Iredell County?
5,405 establishments, employing 80,234 people with an annual payroll of $5.13 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Iredell County?
Average annual pay is $63,307, or $1,217 a week, across 81,195 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Iredell County?
207 7(a) approvals totalling $145.9 m since FY2020, across 54 lenders, with a median approval of $319,000, plus 47 504 approvals worth $49.4 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Iredell County get paid back?
Of the 34 loans that have reached a final outcome, 32 were paid in full and 2 charged off, a charge off rate of 5.9 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Iredell County?
1,955 housing units were authorised by permit in 2024, with a declared construction value of $434.5 m. Multifamily was 6.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Iredell County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Iredell County come from?
The largest single origin is Iredell County Non-migrants, with 69,636 households. Arriving households report an average income of $90,546 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Iredell County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Iredell County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.