Elon 81 Exceptional
Elon Livability #19 ranked city in North Carolina#1,306 ranked city in the USARanks better than 95% of areas

Pros and Cons of Living in Elon

PROS
  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.

  • Ratings

    Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.

CONS
  • Commute

    Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.

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What's it like Living in Elon?

Elon, North Carolina is a moderately-sized city with a population of 11,941 inhabitants. If we look at the most recent Census, Elon is known to have a predominantly White population. The next two most common races are Black and Asian. If you are a young adult or student, you might be pleased to know that the average age of all Elon residents is 22. Single men and women might be happy to hear that in Elon, only 38% of the population is married. If you're not a fan of traffic congestion and long commute times to work, Elon is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 18 minutes, significantly lower than the national average of 26 minutes.

If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the area before actually living in Elon, North Carolina. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, employment, housing, you can easily compare the best places to live in Elon and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Elon to North Carolina and the national average.

Using data and statistics Elon has received a livability score of 80/100. This score is ranked in the 95th percentile when compared to all other cities. Compared to the national average, Elon ranks among some of the best places to live in the country! Elon also ranks in the top 10 percent of all cities, which is no small feat! If we consider each of the categories on their own, we see that Elon ranks well for crime (A+), cost of living (B-), employment (B+) and housing (A).

Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Elon has a violent crime rate of 88 crimes per 100,000 residents which is far lower than the national average.

The unemployment rate in Elon has consistently declined over the years and currently stands well below the national average at 1.66%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Elon excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Elon real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Elon. The median home price for Elon homes is $297,300, which is 89.2% higher than the North Carolina average. If we take a closer look at the affordability of homes in Elon, we’ll see that the home price to income ratio is 4.3, which is 30.3% higher than the North Carolina average.

Best Places to Live in and Around Elon

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How Do You Rate The Livability In Elon?

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Compare Elon, NC Livability

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      Elon transportation information

      Statistic Elon North Carolina National
      Average one way commute18min24min26min
      Workers who drive to work82.3%81.1%76.4%
      Workers who carpool4.7%9.8%9.3%
      Workers who take public transit0.0%1.1%5.1%
      Workers who bicycle0.4%0.2%0.6%
      Workers who walk6.4%1.8%2.8%
      Working from home6.2%4.8%4.6%
      Source: The Elon, NC data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).