Banner Hill, TN

Census Place

2024 Population

1,211

US Senator

Marsha Blackburn

Republican Party

US Senator

Bill Hagerty

Republican Party

2024 Median Age

42.6

5.45% 1-year increase

2024 Poverty Rate

28.4%

35.1% 1-year increase

2024 Median Household Income

$59,784

9.79% 1-year decline

Population & Diversity

Banner Hill, TN is home to a population of 1.21k people, from which 100% are citizens.

In 2024, there were 91.4 times more White (Non-Hispanic) residents (1.19k people) in Banner Hill, TN than any other race or ethnicity. There were 13 Black or African American (Non-Hispanic) and 10 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Banner Hill, TN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Banner Hill, TN was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Banner Hill, TN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Banner Hill, TN

White (Non-Hispanic)
1.19k ± 392
Black or African American (Non-Hispanic)
13 ± 27
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
10 ± 19

The following chart shows the 8 races represented in Banner Hill, TN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Tennessee.

Most Common Origin

Mexico
95,077 ± 7,519 people
Guatemala
31,959 ± 4,379 people
Honduras
26,792 ± 4,011 people

In 2024, the most common birthplace for the foreign-born residents of Tennessee was Mexico, the natal country of 95,077 Tennessee residents, followed by Guatemala with 31,959 and Honduras with 26,792.

Military

Veterans

Most Common Service Period

Vietnam
70 ± 81
Korea
9 ± 24

Banner Hill, TN has a large population of military personnel who served in Vietnam, 7.78 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Banner Hill, TN.

Economy

The economy of Banner Hill, TN employs 462 people. In 2024, the largest industries in Banner Hill, TN were Construction (187 people), Manufacturing (88 people), and Health Care & Social Assistance (54 people), and the highest paying industries were Health Care & Social Assistance ($64,500), Educational Services, & Health Care & Social Assistance ($55,250), and Construction ($51,250).

Employment

Occupations

462

2024 Value

± 203

−26.6%

1 Year decline

± 78.2%

From 2023 to 2024, employment in Banner Hill, TN declined at a rate of −26.6%, from 629 employees to 462 employees.

The most common job groups, by number of people living in Banner Hill, TN, are Construction & Extraction Occupations (79 people), Management Occupations (79 people), and Production Occupations (59 people). This chart illustrates the share breakdown of the primary jobs held by residents of Banner Hill, TN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Tennessee.

This chart shows weekly unemployment insurance claims in Tennessee (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

462

2024 Value

± 203

−26.6%

1 Year decline

± 78.2%

From 2023 to 2024, employment in Banner Hill, TN declined at a rate of −26.6%, from 629 employees to 462 employees.

The most common employment sectors for those who live in Banner Hill, TN, are Construction (187 people), Manufacturing (88 people), and Health Care & Social Assistance (54 people). This chart shows the share breakdown of the primary industries for residents of Banner Hill, TN, though some of these residents may live in Banner Hill, TN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$50,223

Median earning men ± $17,462

$49,268

Median earning women ± $11,834

The industries with the best median earnings for men in 2024 are Construction ($51,250) and Manufacturing ($42,845).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($49,816).

Housing & Living

The median property value in Banner Hill, TN was $116,300 in 2024, which is 0.35 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $120,700 to $116,300, a 3.65% decrease. The homeownership rate in Banner Hill, TN is 88.4%, which is higher than the national average of 65.2%.

People in Banner Hill, TN have an average commute time of 26.4 minutes, and they drove alone to work. Car ownership in Banner Hill, TN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$116,300

Median Property Value 2024

±$32,017

$425

Median Property Taxes

±$184

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Banner Hill, TN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Banner Hill, TN compared to it's parent and neighbor geographies.

Rent vs Own

88.4%

Homeownership

2024

55%

Homeowners with Mortgage

2024

In 2024, 88.4% of the housing units in Banner Hill, TN were occupied by their owner. This percentage declined from the previous year's rate of 88.4%.

This chart shows the percentage of owner in Banner Hill, TN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$59,784

Median Household Income

± $36,526

481

Number of Households

± 197

In 2024, the median household income of the 481 households in Banner Hill, TN declined from $59,784 from the previous year's value of $66,270.

The following chart displays the households in Banner Hill, TN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the < $10k range.

Wage Distribution

The closest comparable wage GINI for Banner Hill, TN is from Tennessee.

0.457

2024 Wage GINI in Tennessee

0.459

2023 Wage GINI in Tennessee

In 2024, the income inequality in Tennessee was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.505% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Tennessee was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Tennessee in comparison to the national average.

This chart shows the number of workers in Tennessee across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (76.4%)
Carpooled (23.6%)

In 2024, 76.4% of workers in Banner Hill, TN drove alone to work, followed by those who carpooled to work (23.6%) and those who used public transit to get to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

26.4 minutes

Average Travel Time

Using averages, employees in Banner Hill, TN have a shorter commute time (26.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Banner Hill, TN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Banner Hill, TN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Banner Hill, TN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Banner Hill, TN have 2 cars.

Poverty

Poverty & Diversity

28.4% of the population for whom poverty status is determined in Banner Hill, TN (312 out of 1.1k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 75+, followed by Females 6 - 11 and then Males < 5.

The most common racial or ethnic group living below the poverty line in Banner Hill, TN is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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