Banner Elk, North Carolina has a population of 1,420, with a median household income of $62,400.
Current median income data for Banner Elk.
1,420
$62,400
4.80%
$462,400
0.20
214.80 Mbps
Banner Elk is a small local community located in North Carolina. The city has a population that is below the average city population in North Carolina, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Banner Elk is a notable city in North Carolina, offering a mix of population dynamics, economic indicators, and housing trends.
Banner Elk has a population of 1,420, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Banner Elk is $62,400, which is above the state average. This reflects stronger earning potential and economic stability.
Housing prices in Banner Elk average around $462,400, which is relatively high compared to other cities in North Carolina.
The unemployment rate in Banner Elk is 4.80%, which is lower than the state average, indicating a relatively strong job market. Banner Elk has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in North Carolina, Banner Elk shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Banner Elk offers a balanced mix of economic conditions, population trends, and housing opportunities within North Carolina.
The population of Banner Elk is approximately 1,420.
Banner Elk offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Banner Elk is around $62,400.
The average housing price in Banner Elk is approximately $462,400.