North Carolina · Census place 21095
Elon town, NC
Quick answer
Elon town has 11,325 residents, ranking #88 of 777 places in North Carolina. Median household income is $82,717, the median home is worth $355,800 and median gross rent runs $1,584 a month.
- Population
- 11,325Elon town residents
- Median household income
- $82,717Past 12 months, inflation adjusted
- Median home value
- $355,800Owner-occupied units
- Median gross rent
- $1,584Rent plus utilities, monthly
- Median age
- 21.9 yrsAll residents
- Homeownership rate
- 66%Owner-occupied households
What the numbers mean in Elon town
Housing cost measured against local earnings.
A household earning the Elon town median would spend about 23% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.5% of residents and 66% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in North Carolina.
- Wendell town 11,585
- Lincolnton city 11,503
- Kings Mountain city 11,472
- Spout Springs CDP 11,073
- Summerfield town 11,031
- Pineville town 10,780
- Tarboro town 10,705
Keep going
More North Carolina coverage.