The Town of Banner Elk had a population of 1,060 as of July 1, 2016. Banner Elk ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.
The primary coordinate point for Banner Elk is located at latitude 36.1587 and longitude -81.8676 in Avery County. The formal boundaries for the Town of Banner Elk (see map below) encompass a land area of 1.91 sq. miles and a water area of 0 sq. miles. Avery County is in the Eastern time zone (GMT -5). The elevation is 3,701 feet.
The Town of Banner Elk (GNIS ID: 2405208) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Beneath the boundary map are tables with Banner Elk population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.
Alternate Unofficial Names for Banner Elk: Banners Elk, Shawneehaw.
|Population in Households||871|
|Population in Familes||649|
|Population in Group Qrtrs||189|
|Average Household Size||2.88|
|Average Family Size||4|
|Total Housing Units||655 (100%)|
|Owner Occupied HU||196 (29.9%)|
|Renter Occupied HU||106 (16.2%)|
|Vacant Housing Units||353 (53.9%)|
|Median Home Value||$232,813|
|Average Home Value||$292,474|
|Median Household Income||$40,480|
|Average Household Income||$56,189|
|Per Capita Income||$23,072|
|(Compound Annual Growth Rates)|
|Median Household Income||2.71%|
|Per Capita Income||2.31%|
The table below compares Banner Elk to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 427||42nd|
|Population Density1||# 424||43rd|
|Diversity Index2||# 564||24th|
|Median Household Income||# 364||51st|
|Per Capita Income||# 311||58th|
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.