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. Much of the housing stock in Elon was built relatively recently. The construction of new real estate can often be taken as an indication that the local Elon economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Elon, where 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%). Telecommuters are a relatively large percentage of the workforce: 9.60% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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. Elon is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.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.
