In 2021, Banner Elk, NC had a population of 1.35k people with a median age of 21.5 and a median household income of $58,333. Between 2020 and 2021 the population of Banner Elk, NC declined from 1,473 to 1,350, a −8.35% decrease and its median household income grew from $53,750 to $58,333, a 8.53% increase.
The 5 largest ethnic groups in Banner Elk, NC are White (Non-Hispanic) (85.1%), Black or African American (Non-Hispanic) (4.89%), Asian (Non-Hispanic) (3.48%), Two+ (Non-Hispanic) (2.3%), and White (Hispanic) (2.15%).
None of the households in Banner Elk, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
97.3% of the residents in Banner Elk, NC are U.S. citizens.
The largest universities in Banner Elk, NC are Lees-McRae College (213 degrees awarded in 2021).
In 2021, the median property value in Banner Elk, NC was $326,200, and the homeownership rate was 66.5%.
Most people in Banner Elk, NC drove alone to work, and the average commute time was 12.2 minutes. The average car ownership in Banner Elk, NC was 2 cars per household.
