In 2022, Banner Elk, NC had a population of 1.23k people with a median age of 21 and a median household income of $66,607. Between 2021 and 2022 the population of Banner Elk, NC declined from 1,350 to 1,234, a −8.59% decrease and its median household income grew from $58,333 to $66,607, a 14.2% increase.
The 5 largest ethnic groups in Banner Elk, NC are White (Non-Hispanic) (78%), Black or African American (Non-Hispanic) (9.08%), Asian (Non-Hispanic) (4.13%), Two+ (Non-Hispanic) (3.24%), and Two+ (Hispanic) (3.08%).
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.
95% of the residents in Banner Elk, NC are U.S. citizens.
The largest universities in Banner Elk, NC are Lees-McRae College (233 degrees awarded in 2022).
In 2022, the median property value in Banner Elk, NC was $408,500, and the homeownership rate was 66.2%.
Most people in Banner Elk, NC drove alone to work, and the average commute time was 11.7 minutes. The average car ownership in Banner Elk, NC was 2 cars per household.