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Lake Norman of Iredell, NC vs Palm City, FL

Lake Norman of Iredell

North Carolina

vs

Palm City

Florida

Across 37 directional measures we can compare, Lake Norman of Iredell leads on 26 and Palm City on 11. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 52% higher in Palm City, while median household income is higher in Lake Norman of Iredell.

Median gross rent
$1,327$2,013
Lake Norman of Iredell is 34% lower
Median household income
$173,542$125,820
Lake Norman of Iredell is 38% higher
Median home value
$887,400$563,400
Lake Norman of Iredell is 58% higher

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 $104,300 in Palm City. Money goes further in Lake Norman of Iredell, by about $57,700 a year.
  • A household earning Lake Norman of Iredell's median of $173,542 would need about $182,000 in Palm City 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 pay outran rent by 3.7 points a year in Palm City.

How these are calculated

FloridaNorth CarolinaPalm City, FLLake Norman of Iredell, NCLake Norman of IredellPalm CityLake Norman of IredellPalm City

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
01Lake Norman of Iredell, NCComposite 57.7 / 100
71
619193n/a237n/a
02Palm City, FLComposite 47.0 / 100
42
476876n/a1521n/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 IredellPalm CityAmong all places
Cost of living
Median gross rent1$1,327$2,013
Rent to income19.2%19.2%
Property tax rate10.5%0.8%
Home price to income15.1x4.5x
Prices vs US average297.3100.2
Fair market rent, 2 bedrooms3$1,429$2,069
HUD area median income4$107,300$102,000
Housing
Property tax paid (median)1$4,228$4,643
Median home value1$887,400$563,400
Home prices, 1-year change53.6%-1.7%
Home prices, 5-year change565.7%66.7%
Homeownership194.9%89.7%
Renters paying 30%+143.6%48.6%
Owner costs with a mortgage1$3,224$2,824
Vacant homes113.6%10.8%
Median year built120021993
Jobs and income
Median household income1$173,542$125,820
Income per person1$92,512$66,506
Unemployment13.1%4.8%
Average annual pay6$65,457$62,234
Pay growth, 1 year63.4%4.7%
Jobs681,03077,918
Poverty rate12.5%5.6%
Mean commute130 min32 min
Works from home128.1%24.7%
Commutes by transit10.2%0.3%
People
Population112,49426,371
Median age148.352.1
Bachelor's or higher167.3%47.6%
High school or higher199.0%97.1%
Household size12.72.5
Born abroad15.9%7.4%
No health insurance12.3%4.7%
Homes with broadband197.5%95.1%
Moving
Moved here in the past year19.2%5.7%
Moved from another state16.7%2.6%
Net movers per 1,000 people720.210.2
Income of households moving in7$81,219$142,932
Income of households moving out7$78,686$90,119
Local life
Restaurants and bars per 10k819.927.6
Shops per 10k835.249.4
Arts, recreation and fitness per 10k88.38.1
Doctors' offices and clinics per 10k821.332.7
Child care centers per 10k81.71.3
Parks per 10k91.64.2
Playgrounds per 10k94.85.3
Grocery stores per 10k90.01.1
Restaurants, cafes and bars per 10k90.07.6
Libraries per 10k90.00.8
Named paths and bike trails90.30.0
Transit stops per sq mi90.00.0
Nearest National Park Service site1038.296.6
National Park Service sites within 60 miles1020
National Register listings115614
Schools
Public schools125236
Public school students1231,90618,316
Students per teacher1217.217.9
Climate
July average high1388°F91°F
January average low1329°F54°F
Average temperature1359°F75°F
Annual precipitation1345.9 in55.6 in
Hazards and air
Natural hazard risk1480.894.1
Hurricane risk1470.398.7
Tornado risk1485.974.8
Wildfire risk1443.390.4
Heat wave risk1446.467.8
Median air quality index155240
Good air days1546.0%79.5%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Lake Norman of Iredell $53,080, Palm City $80,520 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. 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.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 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
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. 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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