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CITY · 2020 ACS

Elon

North Carolina · 11,336 residents · 4.174 sq mi
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The short version

Elon has roughly average household income, with a median household income of $69,085. Population has held roughly steady since 2019. 53% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $297,300. At a median age of 21.5, residents skew younger than the country as a whole.

At a glance
Average income
near the US median
US median: $66,278
Younger
median age 21.5
US median: 38.8
More educated
53% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
11,336
−2%since 2019
from 11,516 in 2019
2009 – 2025
Population density
2,716 / sq mi
−2%since 2019
from 2,759 / sq mi in 2019
US average: 280
Median age
21.5
−2%since 2019
from 22.0 in 2019
US average: 38.8
Population, 2009 – 2024
7K8K9K11K12K200920202024Elon
202411K
200920202024
Section 02

Income & economy

Median household income
$69,085
+4%inflation adjusted, since 2019
from $65,313 in 2019
US average: $66,278
2009 – 2024
Per capita income
$23,966
−3%since 2019
from $24,826 in 2019
US average: $35,364
Households earning $100K+
47.4%
+5.8 ptssince 2019
from 41.6% in 2019
US average: 43.9%
Poverty rate
24.6%
+2.0 ptssince 2019
from 22.7% in 2019
US average: 12.8%
Workforce by industry, 2020
Information15.4%
US avg: 11.1%
Retail trade9.9%
US avg: 10%
Wholesale trade3.7%
US avg: 6.7%
Transportation & warehousing3.7%
US avg: 2.5%
Other services2.4%
US avg: 6.6%
Public administration1.5%
US avg: 4.7%
Finance & insurance0.7%
US avg: 5.5%
Professional, scientific, technical0.7%
US avg: 4.7%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Arts, entertainment, food0.3%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$297,300
+16%inflation adjusted, since 2019
from $253,500 in 2019
US average: $265,253
2009 – 2024
Median gross rent
$1,354
+4%inflation adjusted, since 2019
from $1,287 in 2019
US average: $1,124
Owner-occupied
56.6%
+2.6 ptssince 2019
from 54.0% in 2019
43.4% rent
Afford Score
4.3
+11%since 2019
from 3.9 in 2019
2009 – 2024
RELATED:See current rent listings in Elon on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic81.9%(9,427)
Black7.2%(826)
Hispanic / Latino6.1%(702)
Asian3.1%(353)
Other1.8%(208)
Diversity Score40%(4,603)
2020
White, non-Hispanic80.2%(9,090)
Black8.1%(916)
Hispanic / Latino5.2%(592)
Asian2.5%(286)
Other1.9%(215)
Diversity Score39.8%(4,515)
Diversity Score
40
Unchangedsince 2019
from 40 in 2019
2009 – 2024
Section 05

Education

Bachelor's degree or higher
53.0%
−1.0 ptssince 2019
from 54.1% in 2019
US average: 32.9%
High school or higher
93.3%
−2.2 ptssince 2019
from 95.6% in 2019
US average: 88.5%
Graduate degree
23.9%
+2.3 ptssince 2019
from 21.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
18.2 min
−6%since 2019
from 19.4 min in 2019
US average: 26.9
Drive alone to work
82.3%
+3.5 ptssince 2019
from 78.8% in 2019
US average: 75.1%
No vehicle available
6.4%
−1.9 ptssince 2019
from 8.3% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.4%
+1.1 ptssince 2019
from 3.3% in 2019
US average: 5.4%
Labor force participation
38.1%
−1.7 ptssince 2019
from 39.8% in 2019
US average: 63.4%
Management & professional
51.9%
+0.7 ptssince 2019
from 51.2% in 2019
US average: 39.3%
Section 08

People & community

Male
44.4%
+3.0 ptssince 2019
from 41.3% in 2019
Female
55.6%
−3.0 ptssince 2019
from 58.7% in 2019
Foreign born
4.7%
−1.1 ptssince 2019
from 5.8% in 2019
US average: 13.5%
Uninsured
5.6%
+0.6 ptssince 2019
from 5.0% in 2019
US average: 8.8%
Drill deeper

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Compare Elon to nearby cities

ELON VS
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Income$95,861+39%
Home value$298,000same
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ELON VS
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ELON VS
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ELON VS
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Frequently asked

How many people live in Elon, North Carolina?

Elon, North Carolina has about 11,336 residents according to the 2020 American Community Survey.

What is the median household income in Elon, North Carolina?

The typical household in Elon, North Carolina earns about $69,085 a year. Half of households make more than that, and half make less.

Is Elon, North Carolina expensive?

In Elon, North Carolina, the median home is worth about $297,300, and the typical rent is about $1,354 a month.

How educated are people in Elon, North Carolina?

About 53.0% of adults age 25 and over in Elon, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Elon, North Carolina?

About 24.6% of people in Elon, North Carolina live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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