Elk Park

Population: 694
Median household income: $44,350
Median home value: $145,000

Located in Avery County, North Carolina, Elk Park is a community with a population of 694. The median household income of $44,350 is below the Avery County median ($57,657).

From 2019 to 2023, Elk Park's population declined 6.7% from 744 to 694, while its median home value rose 47.2% from $98,500 to $145,000.

27.4% of residents live below the poverty line. Households average 2.16 people.

Demographics

ACS 2019–2023

Population: 694
Median age: 46.1 yrs
Median household income: $44,350
Median home value: $145,000
Median gross rent: —
Housing units: 363
Homeownership rate: 57.9%
Bachelor's degree or higher: 11.9%
Unemployment rate: 7.1%

Trends

ACS 5-year · 2019–2023

Population

744694

Median household income

$40,200$44,350

Median home value

$98,500$145,000

Year	Population	Median household income	Median home value	Median gross rent
2019	744	$40,200	$98,500	$575
2020	495	$40,272	$120,000	—
2021	593	$40,357	$155,100	—
2022	511	$45,455	$139,300	—
2023	694	$44,350	$145,000	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.6%

5 to 1711.5%

18 to 242.2%

25 to 3422.0%

35 to 447.5%

45 to 5416.6%

55 to 6416.7%

65 to 748.9%

75 and over7.9%

	Count	Share
Under 5	46	6.6%
5 to 17	80	11.5%
18 to 24	15	2.2%
25 to 34	153	22.0%
35 to 44	52	7.5%
45 to 54	115	16.6%
55 to 64	116	16.7%
65 to 74	62	8.9%
75 and over	55	7.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	655	94.4%
Black or African American	0	0.0%
American Indian & Alaska Native	3	0.4%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	10	1.4%
Hispanic or Latino (any race)	26	3.7%

Educational attainment (age 25+)

No high school diploma17.2%

High school graduate29.8%

Some college or associate's41.0%

Bachelor's degree8.5%

Graduate or professional degree3.4%

	Count	Share
No high school diploma	95	17.2%
High school graduate	165	29.8%
Some college or associate's	227	41.0%
Bachelor's degree	47	8.5%
Graduate or professional degree	19	3.4%

Commute to work

Mean travel time to work: 20 min

Drove alone75.3%

Carpooled2.8%

Public transit0.0%

Walked3.6%

Bicycle0.0%

Worked from home18.2%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	186	75.3%
Carpooled	7	2.8%
Public transit	0	0.0%
Walked	9	3.6%
Bicycle	0	0.0%
Worked from home	45	18.2%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	75	37.1%
15 to 29 min	83	41.1%
30 to 44 min	16	7.9%
45 to 59 min	23	11.4%
60+ min	5	2.5%

Households

Average household size: 2.16
Poverty rate: 27.4% (190 of 694)

	Count	Share
Family households	195	60.7%
Nonfamily households	126	39.3%

Housing

Median year structure built: 1971

Occupancy

	Count	Share
Occupied	321	88.4%
Vacant	42	11.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	186	57.9%
Renter-occupied	135	42.1%

1-unit, detached50.7%

1-unit, attached1.7%

2 to 4 units16.3%

5 to 19 units0.3%

20 or more units1.4%

Mobile home & other29.8%

Units in structure

	Count	Share
1-unit, detached	184	50.7%
1-unit, attached	6	1.7%
2 to 4 units	59	16.3%
5 to 19 units	1	0.3%
20 or more units	5	1.4%
Mobile home & other	108	29.8%

Geography

Place GEOID: 3720700
Type (LSAD): 43
Land area: 0.69 sq mi
Water area: 0 sq mi
Center point: 36.1582, -81.9808