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Elk Park, NC
Full City Profile · North Carolina · Avery County County
2.8
/5.0
C+
Fair
694
Population
1,006/sq mi density
$44,350
Median Income
$25,466 per capita
$145,000
Home Value
$298,110 Zillow
50°F
Avg Temperature
299 sunny days/yr
146
Violent Crime/100K
2,332 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$44,350 median income, 3.3% unemployment
A+
Affordability
4.8 / 5.0
$145,000 home value, /mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher
Income Overview
Median Household Income
$44,350
41% below
US avg: $75,149
Per Capita Income
$25,466
35% below
US avg: $39,052
Unemployment Rate
3.3%
8% below
US avg: 3.6%
Poverty Rate
13.3%
7% above
US avg: 12.4%
Income Comparison: Elk Park vs. U.S. Average
Each bar shows Elk Park’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$44,350
59%
Per Capita
US: $39,052
$25,466
65%
IRS Avg AGI
US: $72,000
$68,291
95%
Avg Weekly Wage
US: $1,432
$855
60%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$855
40% below US avg ($1,432)
Mean Commute Time
20 min
26% below US avg (28 min)
Work From Home
18.2%
20% above US avg (15.2%)
Drive Alone
75.3%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$890M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.3%
Public Transit
0%
Work From Home
18.2%
Other
6.5%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
698
Restaurants
63
Healthcare
41
Retail
79
Manufacturing
14
Tax & Financial
IRS Avg Adjusted Gross Income
$68,291
5% below US avg ($72,000)
Avg Property Tax
$4,227
21% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $44,350 |
| Per Capita Income | $25,466 |
| IRS Avg Adjusted Gross Income | $68,291 |
| Avg Weekly Wage | $855 |
| County GDP | $890M |
Hardship Indicators
| Unemployment Rate | 3.3% |
| Poverty Rate | 13.3% |
| Gini Coefficient | 0.492 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 75.3% |
| Public Transit | 0.0% |
| Work From Home | 18.2% |
Businesses
| Total Establishments | 698 |
| Restaurants | 63 |
| Healthcare | 41 |
| Retail | 79 |
| Manufacturing | 14 |
Tax
| IRS Avg AGI | $68,291 |
| Avg Property Tax | $4,227 |