Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 26.5 yrs |
|---|---|
| Avg HH Size | 2.58 |
| Below Poverty | 12.7% ▲ 27% above avg |
| College Grads | 50.4% ▲ 30% above avg |
| Unemployment | 3.9% ▼ 19% below avg |
| No HS Diploma | 164 (2.1%) |
| HS Graduate | 1,965 (24.6%) |
| Some College | 874 (10.9%) |
| Associates | 965 (12.1%) |
| Bachelors | 1,117 (14%) |
| Graduate Degree | 2,909 (36.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,982 ≈ Avg |
|---|---|
| Median Home Value | $248,500 ▼ 11% below avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $831/mo |
| Total Housing Units | 5,740 |
| Vacant Units | 820 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Elon is a city in North Carolina, located in Alamance County. The city spans 1 ZIP code and is home to approximately 16,652 residents. It is a young city, with a median age of 26.5 years.
Economically, Elon is a solidly middle-class community. The median household income of $70,982 is near the national average. Approximately 12.7% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in Elon is an affordable housing market. Median home values stand at $248,500, which is near the national average. Renters typically pay around $831 per month. Homeownership is high at 79.6%, typical of suburban and family-oriented communities.
The population of Elon is well-educated. 50.4% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (80.59%).
Elon, NC offers residents a cost-conscious lifestyle within North Carolina.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 27244 | 16,652 | $70,982 | $248,500 | $831 | 3.9% | 50.4% | 79.6% |