Elon, North Carolina
Moving to or Living in Elon Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Elon, North Carolina
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Explore the life in Elon based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Elon, North Carolina
Is Elon, North Carolina a good place to live?
Elon is a city in North Carolina state in USA with a population of 11941 residents..
The poverty rate of Elon is 24.6%, which is 76% higher than national average.
The typical household in Elon earns $69085 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 19 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 36% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Elon, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Elon remained 4.4%, which is 6% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Elon, only 53% of adults have a bachelor's degree and 26% have some college but no degree.
Cost of living in Elon is 104, which is 4% higher than national average. Median home value in Elon is $297300 , which is 29% higher than national average. While median income in Elon remained $69085, which is 2% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Elon, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Elon remained 4.4%, which is 6% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Elon, only 53% of adults have a bachelor's degree and 26% have some college but no degree.
Cost of living in Elon is 104, which is 4% higher than national average. Median home value in Elon is $297300 , which is 29% higher than national average. While median income in Elon remained $69085, which is 2% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
11941
Unemployment
4.4%
Poverty
24.6%
Overall Score
8.5
Median Home
$297300
29%
NAT AVG.
Median Income
$69085
2%
NAT AVG.
Median Rent
$1354
17%
NAT AVG.
Cost Of Living
104
4%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 23
People Earning < $10,000
1 in 19
People Earning < $50,000
36%
People with <= High School
1 in 4.8
People With Any Degree
1 in 1.6
Pros & Cons Overview
Jobs80%
Housing85%
Affordability50%
Safety85%
Amenities85%
Diversity80%
Education85%
Commute90%
Cost of Living
Expense | Elon | North Carolina | National Avg. |
---|---|---|---|
Services | 93 | 102 | 100 |
Groceries | 101 | 100 | 100 |
Health | 114 | 108 | 100 |
Housing | 124 | 87 | 100 |
Transportation | 96 | 96 | 100 |
Utilities | 96 | 98 | 100 |
Cost of Living
Gender
Gender | Elon | North Carolina | Country |
---|---|---|---|
Female | 55.6% | 51.4% | 50.8% |
Male | 44.4% | 48.6% | 49.2% |
Gender
Household Income
Income | Elon | North Carolina | Country |
---|---|---|---|
Less than $10,000 | 5.3% | 6.2% | 5.8% |
$10,000 to $14,999 | 7.7% | 4.8% | 4.1% |
$15,000 to $24,999 | 5.3% | 9.7% | 8.5% |
$25,000 to $34,999 | 7.9% | 10% | 8.6% |
$35,000 to $49,999 | 9.8% | 13.6% | 12.0% |
$50,000 to $74,999 | 16.5% | 18% | 17.2% |
$75,000 to $99,999 | 17.5% | 12.6% | 12.8% |
$100,000 to $149,999 | 19.3% | 13.7% | 15.6% |
$150,000 to $199,999 | 4.1% | 5.4% | 7.1% |
$200,000 or more | 6.5% | 6% | 8.3% |
Education
Education | Elon | North Carolina | Country |
---|---|---|---|
< 9th Grade | 4% | 6% | 5.0% |
9-12th Grade | 2% | 7% | 7.0% |
High School or GED | 15% | 25% | 27.0% |
Other College | 16% | 21% | 20.0% |
Associate's Degree | 10% | 10% | 9% |
Bachelor's Degree | 29% | 20% | 20.0% |
Master's Degree | 15% | 8% | 9.0% |
Professional Degree | 6% | 2% | 2.0% |
Doctorate Degree | 3% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Elon | North Carolina | Country |
---|---|---|---|
White | 82.1% | 62.6% | 60.1% |
African American | 6.8% | 21% | 12.2% |
American Indian | 0% | 1% | 0.6% |
Asian | 4% | 2.9% | 5.6% |
Hawaiian | 0% | 0.1% | 0.2% |
Other | 0% | 0.3% | 0.3% |
Multiracial | 1.9% | 2.5% | 2.8% |
Hispanic | 5.2% | 9.5% | 18.2% |