Banner Elk, North Carolina Population 2021

1,149
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Banner Elk is a city located in Avery County North Carolina. With a 2020 population of 1,149, it is the 322nd largest city in North Carolina and the 9771st largest city in the United States . Banner Elk is currently declining at a rate of 0.00% annually and its population has increased by 11.77% since the most recent census, which recorded a population of 1,028 in 2010. Banner Elk reached it's highest population of in . Spanning over 2 miles, Banner Elk has a population density of 598 people per square mile.

The average household income in Banner Elk is $77,978 with a poverty rate of 16.77%. The median rental costs in recent years comes to $813 per month, and the median house value is $311,600. The median age in Banner Elk is 21.2 years, 21.7 years for males, and 21.1 years for females.

Banner Elk Demographics

According to the most recent ACS, the racial composition of Banner Elkwas:

  • White: 88.44%
  • Black or African American: 4.13%
  • Two or more races: 3.38%
  • Other race: 2.40%
  • Asian: 1.50%
  • Native American: 0.15%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Banner Elk, North Carolina is 1,149 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 1,149.The last official US Census in 2010 recorded the population at 1,028.

Banner Elk, North Carolina Population 2021

Population by Race

Race Population Percentage
White1,17888.44%
Black or African American554.13%
Two or More Races453.38%
Some Other Race322.40%
Asian201.50%
American Indian and Alaska Native20.15%
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Banner Elk Population by Race

Banner Elk Population Pyramid $2021

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Banner Elk Median Age

21.2


Total

21.7


Male

21.1


Female

Banner Elk Adults

There are 1,274 adults, (180 of whom are seniors) in Banner Elk.

Banner Elk Age Dependency

21.8

Age Dependency Ratio

16.5

Old Age Dependency Ratio

5.3

Child Dependency Ratio

Banner Elk Sex Ratio

Female

866

65.02%

Male

466

34.98%

Banner Elk Population by Age

Banner Elk Renter vs Owner Occupied by Household Type

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Banner Elk Household Types

Type Owner Renter
Male0%0%
Non Family38.5%61.5%
Female54.5%45.5%
All56.3%43.7%
Married77.2%22.8%

56.3%

Rate of Home Ownership

Banner Elk Households and Families

Type Count Average Size Owned
All2771.8356.3
Non Family1301.238.5
Married1142.477.2
Female332.3354.5
Male00

2.33

Average Family Size

1.83

Average Household Size

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Banner Elk Households by Type

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Education Attained Count Percentage
Less Than 9th Grade112.47%
9th to 12th Grade214.71%
High School Graduate4510.09%
Some College11525.78%
Associates Degree5712.78%
Bachelors Degree9320.85%
Graduate Degree10423.32%
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Banner Elk Educational Attainment by Sex (over 25)

Banner Elk Educational Attainment by Race

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Race Total High School Bachelors
White364360183
Hispanic4923
Other Race28112
Black16141
Asian101010
2+ Races331
Native American22

The highest rate of high school graduation is among native american people with a rate of 100.00%.

The highest rate of bachelors degrees is among asian people with a rate of 100.00%.

Banner Elk Educational Attainment by Race

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Name Average Male Female
Overall$40,000$41,731$
Less Than 9th Grade$$$
High School Graduate$23,125$61,875$8,750
Some College$$$
Bachelors Degree$40,682$$
Graduate Degree$41,538$40,750$

$40,000

Average Earnings

$41,731

Average Male

$

Average Female

Banner Elk Earnings by Educational Attainment

Banner Elk Language by Age

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Banner Elk Language

88.11% of Banner Elk residents speak only English, while 11.89% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 5.98% of the population.

Banner Elk Language

Banner Elk Poverty by Race

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Name Total In Poverty Poverty Rate
Hispanic674567.16%
White420348.10%
Other281760.71%
Asian7342.86%
Black6350.00%

16.77%

Overall Poverty Rate

6.96%

Male Poverty Rate

24.91%

Female Poverty Rate

Poverty in Banner Elk

The race most likely to be in poverty in Banner Elk is Hispanic, with 67.16% below the poverty level.

The race least likely to be in poverty in Banner Elk is White, with 8.10% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 6.40%. Among those working part-time, it was 30.19%, and for those that did not work, the poverty rate was 15.22%.

Banner Elk Poverty

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Name Poverty
Less Than 9th Grade53.13%
High School13.33%
Some College11.69%
Bachelors or Greater10.53%

Banner Elk Poverty Rate by Education

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Rate Poverty
Female Employed29.17%
Female Unemployed0.00%
Male Unemployed0.00%
Male Employed5.56%

Banner Elk Poverty Rate by Employment Status and Sex

Banner Elk Income by Household Type

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Name Median Mean
Households$55,781$77,978
Families$68,438$80,146
Married Families$72,500-
Non Families$40,769$63,194
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Income by Household Type

Banner Elk Marital Status

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Marriage Rates

18.0%

Overall Marriage Rate

23.9%

Male Marriage Rate

14.8%

Female Marriage Rate

Banner Elk Married by Age and Sex

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Banner Elk Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 45-54.

Banner Elk Marital Status by Race

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Banner Elk Marital Status

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40

Number of Veterans

35

Male Veterans

5

Female Veterans

War Veterans
Vietnam18
Second Gulf War11
Korea2
World War II
First Gulf War

Banner Elk Veterans by War

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Age Group Veterans
75+21
18 to 3411
65 to 747
35 to 541
55 to 64

Banner Elk Veterans by Age

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Name Veterans % of Total
White363.21%
Asian316.67%
2+ Races12.22%

Banner Elk Veterans by Race

Banner Elk Veterans by Education

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8.57%

Veteran Poverty Rate

37.14%

Veteran Disability Rate

Banner Elk Veterans by Education

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45.6%

Labor Force Participation

37.6%

Employment Rate

17.5%

Unemployment Rate

Banner Elk Employment by Age

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Banner Elk Employment by Race

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Banner Elk Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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49.92%

Born in Banner Elk

91.67%

Native Born

8.33%

Foreign Born

6.16%

Non Citizen

2.18%

Naturalized

Place of Birth

91.67% of Banner Elk residents were born in the United States, with 49.92% having been born in North Carolina. 6.16% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Banner Elk Place of Birth

Note: 2020 and 2021 data is projected
Year Population Growth Annual Growth Rate
20211,1490.00%
20201,1490.00%
20191,1490.00%
20181,149272.41%
20171,122-3-0.27%
20161,125-39-3.35%
20151,16440.34%
20141,160322.84%
20131,128433.96%
20121,085-36-3.21%
20111,121666.26%
20101,0550.00%

Banner Elk Population by Year