Elon
Market InsightsElon /ˈiːlɔːn/ is a town in Alamance County, North Carolina, United States. It is part of the Burlington, North Carolina Metropolitan Statistical Area. The population as of the 2010 census was 9,419. The town of Elon is home to Elon University.Elon began in 1881 as a North Carolina Railroad depot in between the stations of Goldsboro and Charlotte, called "Mill Point” because it was envisioned to be a shipping point for area cotton mills. Locals called it “Boon’s Crossing.” Because of a growing population, a post office was built, which established a more permanent residency in 1888.In 1889, the local Christian Assembly created an institution for higher learning called the “Graham Normal College”. The founders of Elon College named the school “Elon,” because they understood that to be the Hebrew word for oak, and the area contained many oak trees. The town was called "Elon College" until the college known as Elon College became Elon University.