Banner Elk, NCPublished Date: December 23, 2024Banner Elk is located in Avery County, North Carolina and has a population of 1,234. The poverty rate in Banner Elk is 12.5% and is higher than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Banner Elk is 6.8% while the Avery County unemployment rate is 5%.
| | Population | |
|---|
| Male | | 54.9% |
| Female | | 45.1% |
| | Median Age (city/county) | |
|---|
| Banner Elk | | 21 |
| Avery | | 46.5 |
| | Median Household Income (city/county) | |
|---|
| Banner Elk | | $66,607 |
| Avery | | $53,513 |
| | Median Home Value (city/county) | |
|---|
| Banner Elk | | $408,875 |
| Avery | | $215,018 |
| | Median Rent (city/county) | |
|---|
| Banner Elk | | $890 |
| Avery | | $811 |
| | Poverty Rate (city/county) | |
|---|
| Banner Elk | | 12.5% |
| Avery | | 11.2% |
Races and Ethnicity
▩ White 80.4%
▩ Black or African American 9.1%
▩ Asian 4.1%
▩ Native 0.1%
▩ Pacific 0%
▩ Other 0%
▩ Hispanic 5.4%
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