Elon town, North Carolina
CityPopulation: 11,325 (2023 estimate)
Located in North Carolina , North Carolina
Census Bureau data for Elon town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Elon town
- What is the median household income in Elon town?
- The median household income in Elon town is $82,717 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Elon town?
- The poverty rate in Elon town is 4.6% (U.S. Census Bureau ACS 2023).
- What is the median home value in Elon town?
- $355,800 (U.S. Census Bureau ACS 2023).
- What is the average rent in Elon town?
- The median gross rent in Elon town is $1,584 per month (U.S. Census Bureau ACS 2023).
- What percentage of Elon town residents have a college degree?
- 53.2% of adults in Elon town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
11,325
Median Income
$82,717
Median Home Value
$355,800
Poverty Rate
4.6%
Unemployment (ACS 2023)
2.8%
Median Age
21.0 yrs
Since 2019
Median Income:
+$17,404 (+26.6%)
Home Value:
+$102,300 (+40.4%)
Poverty Rate:
-0.2 pp (-4.2%)
Bachelor's+:
-0.9 pp (-1.7%)
Unemployment:
-0.5 pp (-15.2%)
Demographics
Total Population
11,325
Median Age
21.0
Female
57.4%
Race & Ethnicity
Hispanic or Latino 3.2%
White (non-Hisp.) 82.9%
Black 8.7%
Asian 3.1%
Two or More 3.8%
Other 0.6%
Asian Subgroups (% of total pop.)
Indian
1.5%
Chinese
1.1%
Vietnamese
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.3%
Puerto Rican
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$82,717
±$20,062
+$12,813 vs. state
Per Capita Income
$116,261
Median Family Income
$130,417
Poverty Rate
4.6%
-4.8 pp vs. state
Child Poverty Rate
4.7%
Working-Age Poverty Rate
—
SNAP Recipients
2.7%
Social Security Income
—
Retirement Income
32.5%
Household Income Distribution
< $10k
7.6%
$10–15k
4.7%
$15–25k
4.9%
$25–35k
6.6%
$35–50k
7.8%
$50–75k
15.2%
$75–100k
11.1%
$100–150k
11.9%
$150–200k
15.6%
$200k+
14.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,374
Owner-Occupied
66.0%
Renter-Occupied
34.0%
Vacancy Rate
15.4%
Median Home Value
$355,800
+$96,400 vs. state
Median Gross Rent
$1,584
Owner Cost Burden (30%+)
9.2%
Renter Cost Burden (30%+)
79.3%
Home Value Distribution
< $50k
3.7%
$50–100k
0.4%
$100–200k
2.0%
$200–300k
17.9%
$300–500k
45.7%
$500k–$1M
15.1%
$1M+
5.1%
Gross Rent Distribution
$500–1k
37.2%
$1–1.5k
10.2%
$1.5–2k
15.1%
$2–2.5k
6.4%
$2.5–3.5k
4.7%
$3.5k+
26.4%
Vehicle Availability
No vehicle
4.7%
1 vehicle
19.6%
2 vehicles
35.2%
3+
40.5%
Housing Type
Single-fam. det.
67.3%
Single-fam. att.
9.8%
2–4 units
2.4%
5–19 units
3.5%
20+ units
6.3%
Mobile home
2.9%
Housing Age
Pre-1940
1.2%
1940–1969
1.4%
1970–1999
10.8%
2000–2009
31.7%
2010+
13.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.4%
Bachelor's or Higher
53.2%
+18.5 pp vs. state
Graduate Degree
24.1%
Some College / Associate
11.0%
Less Than High School
3.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
44.7%
Unemployment Rate
2.8%
-2.0 pp vs. state
Work from Home
9.6%
Self-Employed
5.3%
Government Workers
13.3%
Private For-Profit
81.4%
Industry
Edu/Health
38.0%
Arts/Entmt.
18.8%
Manufacturing
10.1%
Retail
9.6%
Prof. Services
5.4%
Wholesale
3.6%
Public Admin
3.5%
Construction
2.7%
Finance
2.1%
Information
1.7%
Transportation
1.3%
Occupation
Management
45.4%
Sales
22.8%
Food Prep
20.2%
Production
9.3%
Construction
2.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
21.2 min
Drove Alone
70.8%
Carpool
3.2%
Public Transit
0.0%
Work from Home
9.6%
Walked
15.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,854
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
56.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
24.9%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
2.4%
5–9
1.1%
10–14
3.7%
15–19
24.7%
20–24
26.3%
25–34
3.5%
35–44
8.3%
45–54
6.2%
55–64
5.2%
65–74
3.7%
75–84
6.5%
85+
4.9%
Under 18: 11.3%
Working age (18–64): 88.7%
65 and over: 14.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
3.6%
Naturalized Citizen
47.8%
Speaks English Less Than Very Well
1.7%
Foreign-Born Origin
Asia
51.7%
Europe
36.0%
Latin America
3.9%
Africa
2.9%
Veterans & Disability
Veteran
5.6%
With a Disability
11.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.9%
Uninsured
5.1%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
88.9%
Has a Computer
95.7%
Same House 1 Year Ago
69.7%
Moved from Abroad
1.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023