Banner Elk vs Raleigh
| Banner Elk | Raleigh | |
|---|---|---|
| Population | 1,234 | 465,517 |
| Median Household Income | $86,382 | $85,395 |
| Median Home Value | $458,100 | $415,800 |
| Median Gross Rent | $849/mo | $1,572/mo |
| Homeownership Rate | 68.9% | 50.7% |
| Unemployment Rate | 2.4% | 4.4% |
| Bachelor's Degree or Higher | 52.5% | 54.0% |
| Median Age | 20.7 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.