Zip Code

27244

City

Elon, NC

Population & Migration

What is the forecasted population for Zip code 27244 Elon, NC?

Population census 2020
16,697
Forecasted population 2025
17,278
3.5% vs. 2020
Forecasted population 2030
17,992
7.8% vs. 2020

Zip code 27244 Elon, NC population is forecasted to decrease 3.5% by 2025 (-1.2 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 17,278 people for 2025 zip code 27244 Elon, NC will generate a good demand for housing, which is expected to have a deficit of 446 houses for 2030. Vacancy rate is 4.2 points above national US average.

Total homes available 2020
5,751
Estimated total home demand in 2030
6,197
Total homes balance inventory
446

Average Household Income in zip code 27244 Elon, NC
from Internal Revenue Service

Average household income in 2021
$88,084

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 27244 Elon, NC?

County total number of drinking water violations

279

+20%

232

County total number of drinking water contaminations

52

+136%

22

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