Apartments for rent in Elon, NC

Elon, North Carolina is a small town with a population of approximately 9,000. Young adults aged 15-24 will feel right at home, as they account for an above-average percentage of the population, while young professionals are less well-represented. Overall, the town's population, at an average age of just over 37, is younger than most cities in North Carolina. Most residents own their homes in Elon, and 43% of residents rent. With an average rent of $1,256 a month, exceeding the state average by $324/month, relatively high rent costs may be a factor in the higher levels of ownership.

Averaging about 20 minutes, Elon's commute time is faster than the state average of about 25 minutes. Many residents (33%) commute to work by car or truck, while public transit isn't used. Relatively few residents (2%) commute to work on foot, though the number does exceed the national average.

Among Elon residents over the age of 25, 12% possess a Bachelor's degree and 7% have earned a Master's or Doctoral degree. Many Elon residents work in one of three industries: education, retail, and healthcare. Combined, these industries account for 20% of the town's workforce. Meanwhile, looking at job function, many of the town's workers are in management, which ranks as the top field in the town. With an average annual income of just under $72,000, Elon workers take home slightly more than the average North Carolina resident. However, the town's average income is fairly average compared to the national level ($73,345).