Elon is a medium-sized town located in the state of North Carolina. With a population of 11,520 people and two associated neighborhoods, Elon is the 85th largest community in North Carolina. There's nothing like the smell of a brand new house, and in Elon, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Elon, and putting down their money on brand new construction. Elon’s real estate is, on average, some of the newest in the nation. Elon does seem to be experiencing an influx of affluent people, because the median household income is $82,717.00.Elon is a decidedly white-collar town, with fully 88.43% of the workforce employed in white-collar jobs, well above the national average. Overall, Elon is a town of managers, sales and office workers, and professionals. There are especially a lot of people living in Elon who work in management occupations (18.44%), office and administrative support (16.11%), and food service (11.12%). One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.60% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Elon is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped Elon to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy. Being a small town, Elon does not have a public transit system used by locals to get to and from work.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Elon. 53.23% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Elon in 2022 was $30,639, which is middle income relative to North Carolina, and lower middle income relative to the rest of the US. This equates to an annual income of $122,556 for a family of four. However, Elon contains both very wealthy and poor people as well. Elon is a somewhat ethnically-diverse town. The people who call Elon home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elon residents report their race to be White, followed by Black or African-American. Important ancestries of people in Elon include German, English, Irish, Italian, and Scots-Irish. The most common language spoken in Elon is English. Other important languages spoken here include Spanish and Italian.
