Banner Elk, NC
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Banner Elk, NC: Quick Facts & Overview
- Population: 1,473 residents (301 people per sq. mi.)
- Average House Price: $474,735
- Average Household Income: $86,382
Banner Elk, NC is located in the state of North Carolina. It is home to about 1,473 people, with around 301 residents living in every square mile.
If you want to buy a house in Banner Elk, the average price is around $474,735. That makes local housing 80% higher than the North Carolina average of $263,358, and 54% higher than the national average of $308,592.
The average household in Banner Elk earns about $86,382 a year. This income is 25% higher than the average family in North Carolina ($69,142), and 10% higher than the national average ($78,686).
Population
1,473
Median Household Income
$86,382
Median Home Value
$474,735
Median Age
20.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $27,865 |
| Labor Force Participation | 35.6% |
| Unemployment Rate | 2.4% |
| Average Commute Time | 11.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 68.9% |
| Median Rent | $849 |
| Rent Burdened (>30% Income) | 34.5% |
| Total Housing Units | 405 |
Additional Census & Housing Profile
Geographic Overview
| County | Avery |
| County FIPS | 37011 |
| Metro Area (CBSA) | - |
| Population Density | 300.5/sq mi |
| Coordinates (lat/lng) | 36.1589, -81.8677 |
| Timezone | America/New_York |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.02 |
| Dual Income Families | 53.1% |
Marital Status
| Married | 23.0% |
| Never Married | 67.0% |
| Divorced | 7.0% |
| Widowed | 3.1% |
Gender
| Male | 50.2% |
| Female | 49.8% |
Health & Poverty
| Uninsured Rate (Health) | 7.8% |
| Poverty Rate | 13.0% |
Key Population Groups
| Veterans | 3.5% |
| Disabled Population | 13.2% |
| Limited English Proficiency | 2.5% |
All ZIP Codes in Banner Elk
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 28604 | 7,869 | $76,319 | $381,135 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Sugar Mountain, NC | 2.3 miles | 539 |
| Seven Devils, NC | 3.2 miles | 425 |
| Beech Mountain, NC | 3.7 miles | 987 |
| Foscoe, NC | 5.3 miles | 1,226 |
| Valle Crucis, NC | 5.7 miles | 242 |
| Newland, NC | 5.9 miles | 866 |
| Elk Park, NC | 6.3 miles | 560 |
| Linville, NC | 6.3 miles | 291 |
| Cove Creek, NC | 9.4 miles | 1,629 |
| Crossnore, NC | 10.1 miles | 115 |
| Blowing Rock, NC | 11.2 miles | 992 |
| Roan Mountain, TN | 11.5 miles | 797 |
| Boone, NC | 11.8 miles | 20,032 |
| Butler, TN | 16.5 miles | 127 |
| Hampton, TN | 18.9 miles | 1,883 |
| Bakersville, NC | 19 miles | 747 |
| Spruce Pine, NC | 20.7 miles | 2,398 |
| Valley Forge, TN | 20.8 miles | 2,136 |
| Mountain City, TN | 21.8 miles | 2,542 |
| Hunter, TN | 22.8 miles | 1,918 |
| Elizabethton, TN | 24 miles | 14,374 |
| Biltmore, TN | 24.5 miles | 1,846 |
| Gamewell, NC | 25.4 miles | 3,689 |
| Lenoir, NC | 25.8 miles | 18,299 |
| Unicoi, TN | 26.1 miles | 3,806 |
| Pine Crest, TN | 26.5 miles | 2,029 |
| Central, TN | 26.5 miles | 1,938 |
| West Jefferson, NC | 26.6 miles | 1,436 |
| Cedar Rock, NC | 27.3 miles | 306 |
| Watauga, TN | 27.7 miles | 644 |
| Cajah's Mountain, NC | 28.2 miles | 2,704 |
| Jefferson, NC | 28.7 miles | 1,864 |
| Burnsville, NC | 29.3 miles | 2,082 |
| Glen Alpine, NC | 30 miles | 1,991 |
| Hudson, NC | 30.3 miles | 3,772 |
| Morganton, NC | 30.4 miles | 17,646 |
| Erwin, TN | 30.4 miles | 5,988 |
| Bluff City, TN | 30.8 miles | 2,225 |
| Lansing, NC | 30.8 miles | 165 |
| Banner Hill, TN | 30.9 miles | 1,211 |
| Nebo, NC | 31.1 miles | 1,670 |
| Johnson City, TN | 31.2 miles | 131,898 |
| Drexel, NC | 31.3 miles | 2,146 |
| Sawmills, NC | 32.2 miles | 5,042 |
| Embreeville, TN | 32.5 miles | 1,062 |
| Valdese, NC | 32.6 miles | 4,704 |
| Damascus, VA | 33 miles | 772 |
| Salem, NC | 33.1 miles | 2,377 |
| Bristol, TN | 33.6 miles | 72,565 |
| Rutherford College, NC | 34 miles | 1,374 |
| Marion, NC | 34.1 miles | 7,579 |
| Connelly Springs, NC | 34.8 miles | 2,427 |
| Jonesborough, TN | 35.2 miles | 6,232 |
| Granite Falls, NC | 35.2 miles | 4,929 |
| Millers Creek, NC | 35.3 miles | 1,689 |
| Bristol, VA | 35.7 miles | 16,849 |
| Walnut Hill, TN | 35.9 miles | 2,415 |
| West Marion, NC | 36 miles | 1,066 |
| Oak Grove, TN | 36.2 miles | 4,626 |
| Blountville, TN | 36.4 miles | 3,309 |
| Rhodhiss, NC | 36.4 miles | 1,166 |
| Cricket, NC | 37.6 miles | 2,317 |
| Icard, NC | 37.7 miles | 2,153 |
| Glenwood, NC | 38.1 miles | 226 |
| Abingdon, VA | 38.4 miles | 8,330 |
| Spurgeon, TN | 38.5 miles | 4,071 |
| Gray, TN | 38.5 miles | 2,237 |
| Northlakes, NC | 38.5 miles | 1,716 |
| Moravian Falls, NC | 38.5 miles | 1,285 |
| Telford, TN | 38.5 miles | 731 |
| Wilkesboro, NC | 38.7 miles | 3,646 |
| Hildebran, NC | 39.4 miles | 2,207 |
| Mulberry, NC | 39.4 miles | 2,037 |
| Bethlehem, NC | 39.8 miles | 4,101 |
| Fairplains, NC | 39.8 miles | 1,803 |
| Old Fort, NC | 40.4 miles | 555 |
| Long View, NC | 40.5 miles | 5,011 |
| North Wilkesboro, NC | 40.7 miles | 4,421 |
| Barnardsville, NC | 41.9 miles | 445 |
| Hickory, NC | 42 miles | 213,375 |
| Colonial Heights, TN | 42.1 miles | 3,258 |
| Taylorsville, NC | 42.1 miles | 2,201 |
| Hays, NC | 42.4 miles | 1,053 |
| Montreat, NC | 42.8 miles | 630 |
| St. Stephens, NC | 42.9 miles | 9,457 |
| Emory, VA | 43 miles | 1,419 |
| Brookford, NC | 43 miles | 390 |
| Orebank, TN | 43.1 miles | 816 |
| Mountain View, NC | 43.2 miles | 3,982 |
| Glade Spring, VA | 43.9 miles | 2,135 |
| Mars Hill, NC | 44.4 miles | 3,025 |
| Troutdale, VA | 44.4 miles | 178 |
| Mendota, VA | 45.2 miles | 262 |
| Kingsport, TN | 45.3 miles | 103,542 |
| Chilhowie, VA | 45.5 miles | 2,428 |
| Black Mountain, NC | 45.6 miles | 8,513 |
| Fall Branch, TN | 45.7 miles | 1,160 |
| Bloomingdale, TN | 46 miles | 9,292 |
| Sullivan Gardens, TN | 46.2 miles | 1,267 |
| Adwolf, VA | 46.5 miles | 1,046 |