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 2025 population of 1,178. Banner Elk is currently growing at a rate of 2.08% annually and its population has increased by 11.34% since the most recent census, which recorded a population of 1,058 in 2020.

The average household income in Banner Elk is $143,231 with a poverty rate of 16.01%.The median age in Banner Elk is 20.7 years: 20.9 years for males, and 20.6 years for females.

1.2K
Total Population
614
Density (mi²)
24 2.08%
Growth

Banner Elk Population

Banner Elk Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Banner Elk includes 83.93% White, 7.7% Black or African American, and smaller percentages for Asian, other race and multiracial populations.

Population by Race

Race
Population
Percentage (of total)
White1,12383.93%
Black or African American1037.7%
Two or more races826.13%
Asian282.09%
Other race20.15%

Banner Elk Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Banner Elk's average per capita income is $31,652. Household income levels show a median of $67,917. The poverty rate stands at 16.01%.

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$130,417-
Families$112,917$210,219
Households$67,917$143,231
Non Families$38,864$67,661

$31,652

Average Income

$67,917

Median Household Income

16.01%

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)