Banner Elk, NC Profile: Facts, Map & Data

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Banner Elk, North Carolina - Basic Facts

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The Town of Banner Elk had a population of 1,018 as of July 1, 2017. 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.

The Town of Banner Elk is located within Township of Banner Elk, a minor civil division (MCD) of Avery County.

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, 2017.

Alternate Unofficial Names for Banner Elk: Banners Elk, Shawneehaw.


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Town of Banner Elk, NC Boundary Map



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Boundary Maps: Township of Banner Elk | Avery County | North Carolina Counties

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Banner Elk, NC Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 1,018
Daytime Population: Workers 1,096
Daytime Population: Residents 562
Total Daytime Population (TDP) 1,658
Ratio TDP/Total Population1 1.63
Population in Households 826
Population in Familes 612
Population in Group Qrtrs 192
Population Density2 533
Diversity Index3 26
 

INCOME

Median Household Income $41,564
Average Household Income $57,849
Per Capita Income $23,541

HOUSING

Total Housing Units 658 (100%)
Owner Occupied HU 182 (27.7%)
Renter Occupied HU 101 (15.3%)
Vacant Housing Units 375 (57.0%)
Median Home Value $231,897
Average Home Value $291,022
 

HOUSEHOLDS

Total Households 283
Average Household Size 2.92
Family Households 167
Average Family Size 4
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.13% -0.32%
Households -0.38% -0.28%
Families 1.21% -0.48%
Median Household Income   0.32%
Per Capita Income   1.82%

Banner Elk, NC - Peer Comparisons by Rank and Percentile

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, 2017 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.

Variable Description Rank Percentile
Total Population # 431 42nd
Population Density # 436 41st
Diversity Index # 571 23rd
Median Household Income # 368 50th
Per Capita Income # 323 56th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

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