Banner Elk township

County:: Avery County
County Seat:: No
Area (mi²):: 27.751
State:: North Carolina

Banner Elk township is located in Avery County, North Carolina. Banner Elk township has a 2025 population of 3,708. Banner Elk township is currently declining at a rate of 0% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.

The average household income in Banner Elk township is $124,996 with a poverty rate of 11.5%.The median age in Banner Elk township is 33.3 years: 38.1 years for males, and 31.5 years for females.

Demographics

The racial composition of Banner Elk township includes 82.69% White, 5.04% other race, and smaller percentages for Black or African American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	3,066	82.69%
Two or more races	271	7.31%
Other race	187	5.04%
Black or African American	103	2.78%
Asian	60	1.62%
Native Hawaiian or Pacific Islander	21	0.57%

Banner Elk township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Banner Elk township's average per capita income is $40,887. Household income levels show a median of $83,070. The poverty rate stands at 11.5%.

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	$95,337	-
Families	$86,023	$155,636
Households	$83,070	$124,996
Non Families	$48,438	$78,197

$40,887

Average Income

$83,070

Median Household Income

11.5%

Poverty Rate