Median Household Income
$86,382 ± $37,063
Median Home Value
$458,100 ± $21,259
Median Gross Rent
$849 ± $69/mo
Per Capita Income
$36,427
Poverty Rate
13.0%
Unemployment Rate
2.4%
Homeownership Rate
68.9%
Bachelor's Degree or Higher
52.5%
Median Age
20.7
Average Commute
8 min
Households
405
Veterans
48
Population Over Time
Banner Elk grew 36.6% from 2014 to 2024.
2014
1,078
2016
1,256
2018
1,445
2020
1,473
2022
1,234
2024
1,473
Population by Race & Ethnicity
White
82.1%
Hispanic or Latino
5.8%
Black or African American
7.4%
Asian
4.0%
Nearby Cities in North Carolina
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.