Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.2 yrs |
|---|---|
| Avg HH Size | 2.27 |
| Below Poverty | 22.8% ▲ 128% above avg |
| College Grads | 24.6% ▼ 37% below avg |
| Unemployment | 3.5% ▼ 28% below avg |
| No HS Diploma | 73 (4.4%) |
| HS Graduate | 469 (28%) |
| Some College | 397 (23.7%) |
| Associates | 323 (19.3%) |
| Bachelors | 171 (10.2%) |
| Graduate Degree | 240 (14.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $45,169 ▼ 41% below avg |
|---|---|
| Median Home Value | $171,100 ▼ 39% below avg |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $702/mo |
| Total Housing Units | 1,896 |
| Vacant Units | 716 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Elk Park is a city in North Carolina, located in Avery County. The city spans 1 ZIP code and is home to approximately 2,701 residents. It is a mature city, with a median age of 47.2 years.
Economically, Elk Park is a working-class community. The median household income of $45,169 is below the national average. Approximately 22.8% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Elk Park is an affordable housing market. Median home values stand at $171,100, which is below the national average. Renters typically pay around $702 per month. Homeownership is high at 77.1%, typical of suburban and family-oriented communities.
The population of Elk Park is less-educated. 24.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.52%).
Elk Park, NC offers residents a cost-conscious lifestyle within North Carolina.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 28622 | 2,701 | $45,169 | $171,100 | $702 | 3.5% | 24.6% | 77.1% |