Banner Elk Flag

Banner Elk

County:
Avery County
County Seat:
No
Area (mi²):
1.92

Banner Elk is a town located in Avery County, North Carolina. Banner Elk has a 2026 population of 1,214. Banner Elk is currently growing at a rate of 1.17% annually and its population has increased by 7.53% since the most recent census, which recorded a population of 1,129 in 2020.

The median household income in Banner Elk is $86,382 with a poverty rate of 13.03%. The median age in Banner Elk is 20.7 years: 21.1 years for males, and 20.5 years for females. For every 100 females there are 101.0 males.

1.2K
Total Population
632
Density (mi²)
14 1.17%
Growth

Banner Elk Population

Banner Elk Population

Data after 2023 is projected based on recent change

Year ↓
Population
Growth
Annual Change
20261,214141.17%
20251,200141.18%
20241,18630.25%
20231,183-20-1.66%
20221,203342.91%
20211,169403.54%
20201,129565.22%
20191,078-41-3.66%
20181,119242.19%
20171,095-4-0.36%
20161,099-38-3.34%
20151,13750.44%
20141,132312.82%
20131,101434.06%
20121,058-36-3.29%
20111,094666.42%
20101,027-2-0.19%

Median Age

Overall: 20.7 years
Female: 20.5 years
Male: 21.1 years

Banner Elk Adults

There are 1,372 adults, (196 of whom are seniors) in Banner Elk.

Sex Ratio

Female: 733 (49.8%)
Male: 740 (50.2%)

Demographics

The racial composition of Banner Elk includes 82.15% White, 7.4% Black or African American, 4.01% Asian, and smaller percentages for other race and multiracial populations.

Population by Race

Race
Population ↓
Percentage (of total)
White1,21082.15%
Black or African American1097.4%
Two or more races896.04%
Asian594.01%
Other race60.41%
Race
Population ↓
Percentage (of total)
Two or more races644.34%
White161.09%
Other race60.41%
Race
Population ↓
Percentage (of total)
White1,19481.06%
Black or African American1097.4%
Asian594.01%
Two or more races251.7%

Banner Elk Marital Status

Economics and Income Statistics

Banner Elk 's average per capita income is $37,115. Household income levels show a median of $86,382. The poverty rate stands at 13.03%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median ↓
Mean
Married Families$138,250-
Families$121,667$175,998
Households$86,382$132,384
Non Families$40,268$71,099

$37,115

Average Income

$86,382

Median Household Income

13.03%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)