Elon is a somewhat small town located in the state of North Carolina. With a population of 11,250 people and two associated neighborhoods, Elon is the 85th largest community in North Carolina. Elon real estate is some of the most expensive in North Carolina, although Elon house values don't compare to the most expensive real estate in the U.S.Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Elon is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Elon is a town of service providers, managers, and sales and office workers. There are especially a lot of people living in Elon who work in management occupations (16.23%), food service (14.19%), and office and administrative support (12.53%). A relatively large number of people in Elon telecommute to their jobs. Overall, about 14.90% 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 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. As is often the case in a small town, Elon doesn't have a public transportation system that people use for their commute.If knowledge is power, Elon is a pretty powerful place. 52.10% 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 $28,817, 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 $115,268 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.
