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28604

Banner Elk, NC

Total Population
7,671
Median Household Income
$61,161
Median Home Value
$296,500
Median Rent
$973

Quick Facts & Insights

Key metrics and how they compare

Household Income
$61,161
100.1% above state median
Home Value
$296,500
100.6% above state median
Rent
$973
100% above state median
Median Age
45.2 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Banner Elk, NC 28604

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Banner Elk, NC

Median household income is 100% below state average, suggesting more affordable cost of living.

High education levels with 41.3% holding bachelor's degrees or higher, well above national average of 33%.

Mature population with median age of 45.2 years, likely more established households.

Unemployment rate of 6.0% is above national average, indicating economic challenges.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$61,161
-18.6% vs US
vs State Median
+-100.1%
State: $-49,277,201
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.20 people

Total Households
3,150
Family Households
52.6%

Employment by Industry

Where residents work

#1 Industry
Construction
23.4%
#2 Industry
Education
21.1%
#3 Industry
Finance
18.5%
Total Employed Residents:1,243

Commute Patterns

How residents get to work

Short Commute
5.6%
Under 10 minutes
Long Commute
3.0%
Over 60 minutes
Work From Home
3.5%
97 workers
Public Transit
0.0%
0 workers
Total Commuting Workers:2,805
Commute Insights
0

Labor Force Statistics

Employment Rate
94.0%
3,306 employed
Labor Force
3,520
212 unemployed
Median Age
45.2 years
Per Capita Income
$39,024
Poverty Rate
9.4%

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