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The total population of Elkin is estimated to be 4,026 with 1,951 males (48.46%) and 2,075 females (51.54%). There are 124 more females than males in Elkin.
The median household income in Elkin was $59,290 in 2021, which marked an an increase of 4,810(8.83%) from $54,480 in 2020. This income is 79.47% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Elkin sees its highest median household income among householders in the age group of 45 to 64 years old, at $70,124. Overall, the median household income for the town of Elkin stands at $59,290.
In Elkin, the median income for all workers aged 15 years and older, regardless of work hours, was $29,725 for males and $19,521 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,726 for males and $41,817 for females.
In Elkin, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $83,706, followed by White households at $61,901, and Some Other Race households with a median household income of $58,019.
In 2022, the population of Elkin was 4,091, a 0.07% increase year-by-year from 2021. Previously, in 2021, Elkin's population was 4,088, a decline of 0.80% compared to a population of 4,121 in 2020.
The median age in Elkin, NC is 42.1, as per 2021 ACS 5-Year Estimates. Of the total population, 16.64% were under the age of 15, 19.13% aged 15 to 29, 43.13% aged 30 to 64, 17.75% aged 65 to 84, and 3.36% were 85 years of age and older.
Racial distribution of Elkin population: 84.37% are White, 5.46% are Black or African American, 0.07% are American Indian and Alaska Native, 2.44% are Asian, 0.17% are Native Hawaiian and other Pacific Islander, 3.21% are some other race and 4.27% are multiracial.