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Lake Norman of Iredell, NC vs Orono, MN

Lake Norman of Iredell

North Carolina

vs

Orono

Minnesota

Across 35 directional measures we can compare, Lake Norman of Iredell leads on 19 and Orono on 16. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 37% higher in Orono, while median household income is higher in Lake Norman of Iredell.

Median gross rent
$1,327$1,818
Lake Norman of Iredell is 27% lower
Median household income
$173,542$173,527
Lake Norman of Iredell is 0% higher
Median home value
$887,400$1,004,500
Lake Norman of Iredell is 12% lower

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $162,000 a year left in Lake Norman of Iredell and $146,700 in Orono. Money goes further in Lake Norman of Iredell, by about $15,300 a year.
  • A household earning Lake Norman of Iredell's median of $173,542 would need about $189,500 in Orono to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, pay outran rent by 6.6 points a year in Lake Norman of Iredell, and rent outran pay by 2.7 points a year in Orono.

How these are calculated

MinnesotaNorth CarolinaOrono, MNLake Norman of Iredell, NCLake Norman of IredellOronoLake Norman of IredellOrono

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Orono, MNComposite 70.4 / 100
95
56949684505612
02Lake Norman of Iredell, NCComposite 57.7 / 100
71
619193n/a237n/a

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureLake Norman of IredellOronoAmong all places
Cost of living
Median gross rent1$1,327$1,818
Rent to income19.2%12.6%
Property tax rate10.5%0.9%
Home price to income15.1x5.8x
Prices vs US average297.3104.8
Fair market rent, 2 bedrooms3$1,429$1,734
HUD area median income4$107,300$131,500
Housing
Property tax paid (median)1$4,228$8,722
Median home value1$887,400$1,004,500
Home prices, 1-year change53.6%3.0%
Home prices, 5-year change565.7%29.8%
Homeownership194.9%90.9%
Renters paying 30%+143.6%47.5%
Owner costs with a mortgage1$3,224$4,001
Vacant homes113.6%10.7%
Median year built120021982
Jobs and income
Median household income1$173,542$173,527
Income per person1$92,512$124,728
Unemployment13.1%2.8%
Average annual pay6$65,457$92,294
Pay growth, 1 year63.4%2.4%
Jobs681,030919,062
Poverty rate12.5%6.2%
Mean commute130 min25 min
Works from home128.1%31.5%
Commutes by transit10.2%3.5%
People
Population112,4948,195
Population change since 20207n/a0.0%
Median age148.346.6
Bachelor's or higher167.3%72.0%
High school or higher199.0%99.8%
Household size12.72.7
Born abroad15.9%6.3%
No health insurance12.3%4.5%
Homes with broadband197.5%97.4%
Moving
Moved here in the past year19.2%6.4%
Moved from another state16.7%2.5%
Net movers per 1,000 people820.2-7.3
Income of households moving in8$81,219$71,457
Income of households moving out8$78,686$94,796
Local life
Restaurants and bars per 10k919.922.3
Shops per 10k935.229.3
Arts, recreation and fitness per 10k98.36.5
Doctors' offices and clinics per 10k921.323.5
Child care centers per 10k91.73.5
Parks per 10k101.634.2
Playgrounds per 10k104.818.3
Grocery stores per 10k100.02.4
Restaurants, cafes and bars per 10k100.02.4
Libraries per 10k100.00.0
Named paths and bike trails100.322.5
Transit stops per sq mi100.02.8
Nearest National Park Service site1138.228.7
National Park Service sites within 60 miles1122
National Register listings12561
Founded or incorporated13n/a1889
Safety
Violent crime per 100k14n/a104
Property crime per 100k14n/a280
Schools
Public schools1552472
Public school students1531,906176,913
Students per teacher1517.215.2
Climate
July average high1688°F82°F
January average low1629°F6°F
Average temperature1659°F45°F
Annual precipitation1645.9 in31.9 in
Hazards and air
Natural hazard risk1780.898.3
Hurricane risk1770.3n/a
Tornado risk1785.999.6
Wildfire risk1743.374.9
Heat wave risk1746.499.1
Median air quality index185245
Good air days1846.0%57.8%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Lake Norman of Iredell $53,080, Orono $72,720 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Wikidata · Wikimedia Foundation (CC0) · Retrieved 2026-11
  14. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  15. Common Core of Data · National Center for Education Statistics · 2024 release
  16. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  17. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  18. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

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