Elrod, NC
Population 245 · North Carolina
About Elrod, NC
Elrod is a small community located in North Carolina with a population of 245 residents according to the latest US Census Bureau American Community Survey data. The median household income is $25,938 per year, which is 65% below the national median of $75,149. The median age of 36.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Elrod features a median home value of $0, which is 100% below the national median of $244,900. This makes Elrod one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $776, 33% below the national average of $1,163/month. Of the 125 total housing units, 52% are owner-occupied (65 units) and 48% are renter-occupied (60 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Elrod shows an unemployment rate of 17.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 35.5%, above the national average of 12.4%. Workers in Elrod have an average one-way commute time of 18.1 minutes, one of the shorter commutes in the region.
Education & Demographics
16.3% of Elrod residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 83.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Elrod, NC
Compared to national averages, Elrod has a median household income of $25,938 (65% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $776 is 33% below the US average of $1,163. Within North Carolina, Elrod's income is 60% below the state average of $64,468, and home values are 100% below the state median of $228,922.
Why Live in Elrod, NC?
Elrod offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $776/month, and short commute times averaging just 18.1 minutes.
Potential considerations include median household income ($25,938) that falls below the national average. However, Elrod’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elrod has a population of 245 with a median age of 36.7 years. Compare Elrod with other cities to see how it stacks up, or explore all cities in North Carolina.
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Cities in North Carolina with a similar population size.
Demographics
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Economy & Education
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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 Elrod
What is the population of Elrod, NC?
The population of Elrod, NC is 245 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Carolina.
What is the median household income in Elrod?
The median household income in Elrod, NC is $25,938 per year, which is 65% below the national median of $75,149.
What is the median home value in Elrod?
The median home value in Elrod, NC is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elrod?
The median monthly rent in Elrod, NC is $776, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Elrod?
The unemployment rate in Elrod, NC is 17.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elrod, NC a good place to live?
Elrod offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 245 and a median age of 36.7, the city appeals to a broad range of residents.
How educated is Elrod, NC?
16.3% of residents in Elrod aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Elrod?
Key cost-of-living indicators for Elrod, NC: median home value is $0 (100% below national), median rent is $776/month, and median household income is $25,938. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elrod?
The poverty rate in Elrod, NC is 35.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Elrod, NC?
Elrod's population is 0.0% White, 83.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 7.3% two or more races. 0.0% of residents are foreign-born.