What is the median home price in Elkin?

The median home price in Elkin, Elkin town, North Carolina is $181,100, which is 36% below the national average of 281,900 ($281,900).

Elkin, Elkin town, North Carolina has a violent crime rate of 1.6 per 1,000 residents, which is 56% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 9.4 per 1,000 residents.

What is the median household income in Elkin?

The median household income in Elkin, Elkin town, North Carolina is $57,711, which is 23% below the national average of 74,580 ($74,580).

What is the average rent in Elkin?

The median rent in Elkin, Elkin town, North Carolina is $736 per month. The national average median rent is $1,163/month.

What is the population of Elkin?

The population of Elkin, Elkin town, North Carolina is approximately 4,026. The homeownership rate is 62.6% (national average: 65.9%).

What is the unemployment rate in Elkin?

The unemployment rate in Elkin, Elkin town, North Carolina is 3.1%. The national average unemployment rate is 3.7%. The poverty rate is 24.3% (national average: 12.4%).

Elkin

Elkin town, North Carolina

Affordable

About Elkin

Elkin, North Carolina, offers a refreshing escape from the hustle and bustle, a place where life moves at a comfortable pace and the cost of living won't break the bank. Imagine owning a home for a median value of just $181,100 – a far cry from the national average, making Elkin an attractive option for first-time homebuyers or those seeking to downsize. The town's population of around 4,000 residents fosters a strong sense of community, where neighbors know each other and local businesses thrive.

From an investment standpoint, Elkin presents a compelling case. While the median household income of $57,711 is slightly below the national average, the affordability of housing provides a significant advantage. The town's safe environment and tight-knit community make it ideal for families and retirees seeking a peaceful lifestyle. Whether you're looking for a starter home, a place to raise a family, or a quiet retreat, Elkin offers a unique blend of affordability, safety, and community spirit that's hard to find elsewhere.

Elkin, North Carolina at a Glance

Elkin is a city in Elkin town, North Carolina with a population of approximately 4,026. The median home value is $181,100 and the median household income is $57,711.. The violent crime rate is 1.6 per 1,000 residents, which is 56% below the national average.. Median rent is $736 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.