Living in Elroy, North Carolina

Cost of living, income, home prices, rent and demographics of Elroy · Census data 2020–2024

Elroy has 3,251 residents with a median age of 45. The median household income is $63,238 (13% lower than the North Carolina median), the median home value is $133,100, the median rent is $1,005/month.

Elroy at a glance

Population
3,251
Median age
45State: 39.1
Median household income
$63,238State: $72,388
Median home value
$133,100State: $288,900
Median rent
$1,005/moState: $1,228
Homeowners
73.6%
Bachelor's degree or higher
15.7%
Average commute
23 min

Is Elroy a good place to live?

Pros: Home values 54% lower than the state median; an average commute of 23 minutes; unemployment of 2.1%.

Cons: Median household income 13% lower than the North Carolina median; a poverty rate of 14%.

The weather is best in April–May and September–October.

Cost of living in Elroy

Housing is the biggest part of the cost of living. In Elroy the median home value is $133,100, 60% lower than the U.S. median. Renters pay a median of $1,005 per month, which is 38.3% of household income. Homeowners with a mortgage pay $1,108 a month in housing costs.

Median home value

Elroy$133,100
North Carolina$288,900
United States$332,700

Median monthly rent

Elroy$1,005
North Carolina$1,228
United States$1,413

Elroy median household income

The median household income in Elroy is $63,238 and the income per person is $31,013. 14% of residents live below the poverty line (North Carolina: 13%).

Median household income

Elroy$63,238
North Carolina$72,388
United States$80,734

Housing in Elroy: homes for sale and rent

Housing units
1,442
Owner-occupied
73.6%
Renter-occupied
26.4%
Vacant
7.9%Includes seasonal homes
Median year built
1976
Average household size
2.45

Elroy demographics

Population
3,251
Median age
45
Under 18
18.6%
65 and older
23.1%
Households
1,328
Foreign-born
12.6%
Veterans
15%Adults 18+

Race and ethnicity

White48.7%
Hispanic or Latino17.3%
Black28.9%
Asian3%

Hispanic or Latino can be of any race. Population history of Elroy ›

Education in Elroy

15.7% of adults 25 and older in Elroy have a bachelor's degree or higher (North Carolina: 35.7%), and 8.3% have a graduate or professional degree.

Bachelor's degree or higher

Elroy15.7%
North Carolina35.7%
United States35.7%

Jobs and commute in Elroy

Unemployment rate
2.1%State: 4.7%
Average commute
23 minState: 25 min
Work from home
6.5%
Drive alone
88.5%
Public transit
0%
Walk to work
0%
Homes with broadband
96.2%

Elroy vs nearby towns

TownPopulationMedian incomeHome valueRent
Elroy3,251$63,238$133,100$1,005
Walnut Creek1,422$166,250$468,700$1,788
New Hope1,487$58,667$162,800—
Goldsboro34,383$48,540$200,400$971
Brogden2,733$42,074$96,400$1,013
Mar-Mac2,877$53,819$149,200$821
La Grange2,756$48,078$83,800$735
Dudley2,305$42,050$90,000$808
Pikeville776$62,396$140,800$1,065

More for people moving to Elroy

Elroy ZIP code ›Weather and climate ›

Living in Elroy: FAQ

What is the median household income in Elroy, NC?

The median household income in Elroy is $63,238, 13% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Elroy?

The median home value in Elroy is $133,100, compared with $288,900 in North Carolina.

How much is rent in Elroy?

The median gross rent in Elroy is $1,005 per month, about 38.3% of household income.

Is Elroy, NC a good place to live?

Pluses: home values 54% lower than the state median; an average commute of 23 minutes; unemployment of 2.1%. Minuses: median household income 13% lower than the North Carolina median; a poverty rate of 14%.

What is the median age in Elroy?

The median age in Elroy is 45 years (North Carolina: 39.1).

How long is the commute in Elroy?

The average commute to work in Elroy is 23 minutes; 6.5% of workers work from home.

What is the unemployment rate in Elroy?

The unemployment rate in Elroy is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elroy?

15.7% of adults in Elroy have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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