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. Elon has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Elon, where the median household income is $82,717.00.

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 where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the Elon area, with all of the energy of the students filling area dorms and apartments each fall, really helps Elon maintain a good economy.

For a small town, there is also a high proportion of single, often educated, people living in Elon. This is not typical for smaller communities in America, and adds a feeling of vibrancy to Elon.

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.