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%). A relatively large number of people in Elon telecommute to their jobs. Overall, about 9.60% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 place where college students are a big part of the character and culture of the town. Small towns have often struggled with declining populations over the past few decades, but the presence of such a large college student population has helped Elon to fight this trend. Not only does the college population add spending and jobs to local economy, but it also contributes a very tangible, youthful energy to the town. Being a small town, Elon does not have a public transit system used by locals to get to and from work.If knowledge is power, Elon is a pretty powerful place. 53.23% of the adults in Elon have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. 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.
