How many renters in Elon, NC pay more than 30% of their income on rent?

74.8% (±10.9 points) of renting households in Elon, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

70.4% spend 35% or more.

The median renting household spends 50.0% or more of its income on rent.

Figures last updated on .

Paying 30% or more
74.8% (±10.9 points)
Paying 35% or more
70.4% (±10.4 points)
Median share of income
50.0% or more

Rent as a share of income in Elon

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentElonAlamance CountyNorth CarolinaUnited States
Less than 15%5.7% (±5.0 points)16.9%14.1%12.6%
15% to 19.9%2.5% (±3.7 points)13.0%12.6%12.2%
20% to 24.9%11.4% (±7.8 points)11.3%13.2%12.6%
25% to 29.9%5.6% (±4.5 points)12.1%11.3%11.5%
30% to 34.9%4.4% (±3.2 points)8.9%9.3%9.2%
35% or more70.4% (±10.4 points)37.8%39.6%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Elon against Alamance County, its state and the nation

Estimate (90% margin of error)
ElonAlamance CountyNorth CarolinaUnited States
Paying 30% or more74.8% (±10.9 points)46.7% (±3.6 points)48.9% (±0.6 points)51.1%
Paying 35% or more70.4% (±10.4 points)37.8% (±3.1 points)39.6% (±0.5 points)41.9%
Median share of income50.0% or more28.6% (±1.3 points)29.5% (±0.2 points)30.6%
Median renter household income$51,000 (±$17,525)$44,589 (±$2,818)$48,010 (±$418)$52,966
Median gross rent$2,080 (±$606)$1,064 (±$25)$1,228 (±$5)$1,413

In Elon, the share of renters paying 30% or more of income is higher than in Alamance County (46.7%).

It is also higher than in North Carolina (48.9%).

It is higher than the national figure (51.1%).

In Alamance County, Elon ranks 1 of 12 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 80 of 650.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Elon

Nearest places with a published estimate, compared with Elon
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Elon—74.8% (±10.9 points)—
Gibsonville1.9 mi56.8% (±26.3 points)Not measurably different
Glen Raven2.8 mi24.2% (±20.5 points)Lower
Burlington2.9 mi46.8% (±6.1 points)Lower
Whitsett3.9 mi10.0% (±77.7 points)Not measurably different
Ossipee4.4 mi29.2% (±31.8 points)Lower
Alamance5.3 mi48.1% (±31.7 points)Not measurably different
Sedalia6.4 mi0.0% (±141.4 points)Not measurably different
Graham7.4 mi45.1% (±8.6 points)Lower

Nearby places with a measurably lower figure: Glen Raven, NC (24.2%), Burlington, NC (46.8%), Ossipee, NC (29.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Alamance County, place by place

RankPlaceRenters paying 30% or more of income
1Elon74.8% (±10.9 points)
2Woodlawn69.7% (±48.2 points)
3Mebane55.3% (±8.7 points)
4Alamance48.1% (±31.7 points)
5Burlington46.8% (±6.1 points)
6Graham45.1% (±8.6 points)
7Haw River42.0% (±22.8 points)

Showing 7 of 12 places in Alamance County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Elon

Are renters in Elon rent-burdened?

74.8% of renting households in Elon pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Elon spend on rent?

The median renting household in Elon, NC spends 50.0% or more of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Elon town, North Carolina (place:21095, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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