HomeNorth CarolinaSurry CountyElkin town
Elkin town, North Carolina: commercial real estate data.
Elkin town is a Census town of 4,043 people across 6.81 square miles of land, in Surry County. Median household income is $60,740, 60.8 percent of occupied homes are owned, and the SBA record carries 15 7(a) approvals to borrowers here worth $7.9 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Elkin
What Elkin is
- Census place typetown
- Land area6.81 sq mi
- Water area0.09 sq mi
- Population per square mile of land594
- County holding the largest share of its areaSurry County, 98.2 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.
Elkin
How many people live in Elkin
- Population4,043
- Median age41.6
- Population under 18888 plus or minus 223
- Share under 1822.0 percent plus or minus 5.5
- Population 65 and over902
- Share 65 and over22.3 percent
- Households1,660
- Family households880
- Share of households that are families53.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkin
Income and work in Elkin
- Median household income$60,740
- Per capita income$32,880
- Civilian labor force1,920
- Employed1,824
- Unemployed96 plus or minus 58
- Unemployment rate5.0 percent plus or minus 3.0
- Adults 25 and over2,704
- Adults 25 and over with a high school diploma or higher88.9 percent
- Adults 25 and over with a bachelor degree or higher29.8 percent
- Adults 25 and over with a graduate degree8.4 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkin
Housing in Elkin
- Housing units1,972
- Occupied units1,660
- Vacant units312 plus or minus 118
- Vacancy rate15.8 percent plus or minus 5.8
- Owner occupied1,009
- Renter occupied651
- Ownership rate60.8 percent
- Median owner-occupied home value$226,900
- Median gross rent, monthly$807
- Annual rent as a share of median income15.9 percent
- Single family units1,432
- Share single family72.6 percent
- Units in buildings of two or more457 plus or minus 145
- Share in buildings of two or more23.2 percent plus or minus 7.0
- Mobile homes83 plus or minus 87
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkin
How Elkin gets to work
- Workers 16 and over who commute1,577
- Commuting under 15 minutes738 plus or minus 228
- Share commuting under 15 minutes46.8 percent plus or minus 12.8
- Commuting 30 minutes or more476 plus or minus 171
- Share commuting 30 minutes or more30.2 percent plus or minus 9.9
- Drove alone69.2 percent
- Carpooled17.7 percent plus or minus 10.1
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home12.3 percent plus or minus 4.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkin
SBA loans in Elkin (7(a))
- Approvals15
- Gross approval$7,944,400
- Average approval$529,627
- Median approval$485,600
- Ninetieth percentile approval$1,287,500
- Largest approval$1,478,000
- Jobs supported101
- Jobs per approval6.7
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more46.7 percent
- Share to franchises6.7 percent
- Distinct lenders2
- Distinct industries by NAICS11
A charge-off rate is not published here. only 3 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.
Elkin
SBA loans in Elkin (504)
- Approvals3
- Gross approval$2,433,000
- Average approval$811,000
- Median approval$592,000
- Largest approval$1,653,000
- Jobs supported33
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Elkin
Flood risk in Elkin
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370225
- Currently effective map date12/03/09
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.
Surry County, not Elkin
Surry County context, not Elkin figures
These are Surry County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Elkin measurements.
- Establishments in Surry County1,661
- Employment at those establishments, Surry County32,143
- Covered employment, Surry County29,147
- Average annual pay, Surry County$49,330
- Average weekly wage, Surry County$949
- Housing units permitted, Surry County243
- Of those, single family, Surry County241
- County product, 2024, Surry County$3,540,033,000
- County product change over the prior year, Surry County4.0 percent
- Average income of an arriving household, Surry County$57,041
Every figure in this section is published for Surry County as a whole and is not a measurement of Elkin. 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
Elkin questions, answered from the record.
How many people live in Elkin, North Carolina?
4,043, in 1,660 households. Elkin town covers 6.81 square miles of land, which is 594 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Elkin in?
Surry County, which holds 98.2 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Elkin?
$60,740. The median owner-occupied home is valued at $226,900. Median gross rent is $807 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Elkin businesses?
15 7(a) approvals totalling $7.9 m, across 2 lenders, median approval $485,600, plus 3 504 approvals worth $2.4 m. These count approvals to borrowers whose address is in Elkin, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Elkin borrowers get paid back?
No rate is published for Elkin. only 3 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 Elkin in the National Flood Insurance Program?
Yes. Elkin appears in the FEMA Community Status Book as community 370225, 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 Elkin figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Surry 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 Elkin.
Is zoning published for Elkin?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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