Elk Park, NC

Full City Profile · North Carolina · Avery County County

3.2 /5.0
B Good
694 Population 1,006/sq mi density
$44,350 Median Income $25,466 per capita
$145,000 Home Value $309,906 Zillow
50°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$44,350 median income, 7.1% unemployment
A+
Affordability
4.8 / 5.0
$145,000 home value, /mo rent
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher

Elk Park, NC

At a Glance

Median Income
$44,350
41% below
$25,466 per capita
Home Value
$145,000
49% below
Zillow: $309,906
Bachelor's Degree+
11.9%
65% below
82.8% high school+
Unemployment
7.1%
97% above
13.3% poverty rate
Obesity Rate
38.2%
19% above
18.3% smoking rate
Avg Temperature
50°F

How Elk Park Compares to the U.S. Average

Each bar shows Elk Park's value as a percentage of the national average (100% = U.S. avg)

Income
59%
Home Value
51%
Poverty
107%
Bachelor's
35%
Unemployment
197%
Thin vertical line = U.S. national average (100%)

Is Elk Park a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Elk Park residents earn a median household income of $44,350 , which is 41% below the national average of $75,149. Per capita income is $25,466. The unemployment rate stands at 7.1% (97% above the U.S. rate of 3.6%). 13.3% of residents live below the poverty line. The area is home to 698 business establishments, including 63 restaurants.

Housing & Cost of Living

The median home value in Elk Park is $145,000 , 49% below the national median of $281,900. Zillow estimates the typical home at $309,906. The cost of living index is 94.3 (100 = national average). The median home was built in 1974.

Education

11.9% of adults in Elk Park hold a bachelor's degree or higher (65% below the national average). 82.8% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Elk Park has an average annual temperature of 50°F (10°C). Winters average 31°F in January while summers reach 68°F in July. Annual precipitation totals 53.8 inches. Air quality is rated Good with a median AQI of 38.

Data Overview

People

Population694
Median Age46.1 yrs
Density1,006/mi²
Male / Female45% / 56%
Foreign Born0.0%
Veterans7.6%

Economy

C+
Median Income$44,350
Per Capita$25,466
Unemployment7.1%
Poverty13.3%
County GDP$890M
Avg Weekly Wage$855

Housing

A+
Home Value$145,000
Rent
Ownership57.9%
Zillow$309,906
Housing Units306
Rent Burden9.0%

Health

Obesity38.2%
Diabetes10.6%
Smoking18.3%
Heart Disease6.7%
Premature Death9,111/100K

Climate

Avg Temp50°F
Rain53.8 in/yr
AQI38 (Good)
Elevation3,166 ft

Education

D
Bachelor's+11.9%
High School+82.8%
Graduate+4.7%
School Score5.8/10

Community

2024 VoteR 76% / D 23%
Commute20 min
Broadband75.7%
Internet Speed182 Mbps
EV Stations3
Libraries1

Did You Know?

Elk Park was founded in 1882.
The median home in Elk Park was built in 1974.
18.2% work from home.
The nearest airport is Foothills Regional (31 miles).
The Gini coefficient (income inequality) is 0.492 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
14.7% of the population has a disability.
Average internet download speed is 182 Mbps.
The county recorded 1 fatal vehicle crashes.