Elon, NC
Population 11,325 · North Carolina
About Elon, NC
Elon is a mid-sized city in North Carolina with a population of 11,325 residents. The median household income is $82,717 per year, which is above the national average. The median age in Elon is 21.9 years.
Housing in Elon has a median home value of $355,800 and median monthly rent of $1,584. Of the 3,374 total housing units, the majority are owner-occupied, with 1,883 owner-occupied and 971 renter-occupied units.
The unemployment rate in Elon is 2.8% and the poverty rate is 22.5%. 53.2% of residents hold a bachelor's degree or higher. The average commute time is 21.2 minutes.
Cost of Living in Elon, NC
Compared to national averages, Elon has a median household income of $82,717 (10% above the national median of $75,149). Home values average $355,800, which is 45% above the national median. Monthly rent at $1,584 is 36% above the US average of $1,163. Within North Carolina, Elon's income is 28% above the state average of $64,468, and home values are 55% above the state median of $228,922.
Why Live in Elon, NC?
Elon offers a strong local economy with a median household income of $82,717, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 53.2% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 21.2 minutes.
Elon has a population of 11,325 with a median age of 21.9 years. Compare Elon with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Elon
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kings Mountain | 11,472 | $45,507 | $177,700 | Compare |
| Lincolnton | 11,503 | $43,294 | $224,600 | Compare |
| Spout Springs | 11,073 | $87,905 | $310,100 | Compare |
| Wendell | 11,585 | $93,848 | $316,700 | Compare |
| Spring Lake | 11,613 | $50,497 | $101,300 | Compare |
| Summerfield | 11,031 | $151,131 | $490,100 | Compare |
| Smithfield | 11,798 | $37,827 | $217,000 | Compare |
| Pineville | 10,780 | $64,257 | $344,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elon
What is the population of Elon, NC?
The population of Elon, NC is 11,325 according to the latest Census data.
What is the median household income in Elon?
The median household income in Elon, NC is $82,717 per year.
What is the median home value in Elon?
The median home value in Elon, NC is $355,800.
What is the average rent in Elon?
The median monthly rent in Elon, NC is $1,584.
What is the unemployment rate in Elon?
The unemployment rate in Elon, NC is 2.8%.