Last updated: 2024 BLS data · Page refreshed:
Elon has a population of 11,032 with a median age of 21.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 11,032 |
| Median Age | 21.2 |
| White | 79.5% |
| Black or African American | 10.5% |
| Asian | 4.2% |
| Hispanic or Latino | 3.2% |
| Other / Two or More Races | 2.6% |
The median household income in Elon is $84,773, which is 5.2% above the national median of $80,610. The per capita income is $28,605. The poverty rate is 20.0%.
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In Elon, 94.8% of residents age 25+ have a high school diploma or higher, and 51.5% hold a bachelor's degree or higher (28.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.8% |
| Bachelor's Degree or Higher | 51.5% |
| Graduate or Professional Degree | 28.0% |
The median home value in Elon is $366,300, above the national median of $303,400. The median monthly rent is $2,080. The homeownership rate is 70.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $366,300 |
| Median Monthly Rent | $2,080 |
| Homeownership Rate | 70.1% |
| Vacancy Rate | 19.2% |
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