HomeNorth CarolinaAlamance CountyElon town
Elon town, North Carolina: commercial real estate data.
Elon town is a Census town of 11,032 people across 4.27 square miles of land, in Alamance County. Median household income is $84,773, 70.1 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $2.5 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Elon
What Elon is
- Census place typetown
- Land area4.27 sq mi
- Water area0.05 sq mi
- Population per square mile of land2,582
- County holding the largest share of its areaAlamance County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elon
How many people live in Elon
- Population11,032
- Median age21.2
- Population under 181,178 plus or minus 293
- Share under 1810.7 percent plus or minus 2.7
- Population 65 and over1,460
- Share 65 and over13.2 percent
- Households2,456
- Family households1,718
- Share of households that are families70.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elon
Income and work in Elon
- Median household income$84,773 plus or minus $19,982
- Per capita income$28,605
- Civilian labor force4,295
- Employed4,078
- Unemployed217 plus or minus 98
- Unemployment rate5.1 percent plus or minus 2.2
- Adults 25 and over4,308
- Adults 25 and over with a high school diploma or higher94.8 percent
- Adults 25 and over with a bachelor degree or higher51.5 percent
- Adults 25 and over with a graduate degree28.0 percent plus or minus 7.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elon
Housing in Elon
- Housing units3,040
- Occupied units2,456
- Vacant units584 plus or minus 218
- Vacancy rate19.2 percent plus or minus 6.9
- Owner occupied1,722
- Renter occupied734 plus or minus 162
- Ownership rate70.1 percent
- Median owner-occupied home value$366,300
- Median gross rent, monthly$2,080 plus or minus $606
- Annual rent as a share of median income29.4 percent plus or minus 11.0
- Single family units2,343
- Share single family77.1 percent
- Units in buildings of two or more615 plus or minus 207
- Share in buildings of two or more20.2 percent plus or minus 6.5
- Mobile homes82 plus or minus 57
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elon
How Elon gets to work
- Workers 16 and over who commute3,538
- Commuting under 15 minutes1,842 plus or minus 394
- Share commuting under 15 minutes52.1 percent
- Commuting 30 minutes or more747 plus or minus 233
- Share commuting 30 minutes or more21.1 percent plus or minus 5.8
- Drove alone63.8 percent
- Carpooled3.2 percent plus or minus 2.1
- Public transport0.0 percent
- Walked19.6 percent plus or minus 4.3
- Worked from home12.3 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elon
SBA loans in Elon (7(a))
- Approvals6
- Gross approval$2,520,100
- Average approval$420,017
- Median approval$400,000
- Ninetieth percentile approval$793,800
- Largest approval$793,800
- Jobs supported68
- Jobs per approval11.3
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS6
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Elon
Flood risk in Elon
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370411
- Currently effective map date11/17/17
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Alamance County, not Elon
Alamance County context, not Elon figures
These are Alamance County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Elon measurements.
- Establishments in Alamance County3,652
- Employment at those establishments, Alamance County61,726
- Covered employment, Alamance County67,668
- Average annual pay, Alamance County$52,502
- Average weekly wage, Alamance County$1,010
- Housing units permitted, Alamance County2,466
- Of those, single family, Alamance County1,999
- County product, 2024, Alamance County$9,014,300,000
- County product change over the prior year, Alamance County4.5 percent
- Average income of an arriving household, Alamance County$58,681
Every figure in this section is published for Alamance County as a whole and is not a measurement of Elon. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Elon questions, answered from the record.
How many people live in Elon, North Carolina?
11,032, in 2,456 households. Elon town covers 4.27 square miles of land, which is 2,582 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Elon in?
Alamance County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Elon?
$84,773. The median owner-occupied home is valued at $366,300. Median gross rent is $2,080 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Elon businesses?
6 7(a) approvals totalling $2.5 m, across 6 lenders, median approval $400,000. These count approvals to borrowers whose address is in Elon, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Elon borrowers get paid back?
No rate is published for Elon. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Elon in the National Flood Insurance Program?
Yes. Elon appears in the FEMA Community Status Book as community 370411, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Elon figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Alamance County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Elon.
Is zoning published for Elon?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.