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Elk Park, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
560
Population
$41,583
Median Income
$160,400
Home Value
44.9
Median Age

Demographics

Elk Park has a population of 560 with a median age of 44.9. Here is the racial and ethnic breakdown of the population:

White
95.7%
Hispanic
3.4%
Other
0.9%
Demographic Value
Total Population560
Median Age44.9
White95.7%
Hispanic or Latino3.4%
Other / Two or More Races0.9%
Elk Park, North Carolina — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.7%Hispanic/Latino: 3.4%Other: 0.9%560PopulationWhiteWhite95.7%Hispanic/LatinoHispanic/Latino3.4%OtherOther0.9%

Income & Economy

The median household income in Elk Park is $41,583, which is 48.4% below the national median of $80,610. The per capita income is $21,515. The poverty rate is 33.4%.

$41,583
Median Household Income
$21,515
Per Capita Income
33.4%
Poverty Rate

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Education

In Elk Park, 83.7% of residents age 25+ have a high school diploma or higher, and 14.4% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).

HS Diploma+
83.7%
Bachelor's+
14.4%
Graduate+
3.9%
Education Level % of Adults (25+)
High School Diploma or Higher83.7%
Bachelor's Degree or Higher14.4%
Graduate or Professional Degree3.9%

Housing

The median home value in Elk Park is $160,400, below the national median of $303,400. The median monthly rent is $241. The homeownership rate is 52.5%.

$160,400
Median Home Value
$241/mo
Median Rent
52.5%
Homeownership Rate
Housing Metric Value
Median Home Value$160,400
Median Monthly Rent$241
Homeownership Rate52.5%
Vacancy Rate11.4%

Salaries in North Carolina

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Elk Park, North Carolina?
The population of Elk Park, North Carolina is 560 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Elk Park, North Carolina?
The median household income in Elk Park, North Carolina is $41,583. This is 48.4% below the national median of $80,610.
What is the median home value in Elk Park, North Carolina?
The median home value in Elk Park, North Carolina is $160,400. The median monthly rent is $241.
What percentage of people in Elk Park have a college degree?
In Elk Park, North Carolina, 14.4% of adults age 25 and older hold a bachelor's degree or higher, and 83.7% have a high school diploma or higher.
Is Elk Park, North Carolina an affordable place to live?
The home price-to-income ratio in Elk Park, North Carolina is 3.9x (median home value $160,400 vs. median income $41,583), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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