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All About

Living In Banner Elk, NC

Banner Elk, North Carolina is a small town with just over 1,000 residents. Young adults (15-24) can expect to feel right at home, as they account for an above-average percentage of the community, while young professionals figure less prominently in the demographics. Overall, the town's residents, with an average age of just over 37, skew younger than most cities in North Carolina. Just 32% of residents rent in Banner Elk, as most own their homes. The average rent of $892/month is roughly equal to the state average.

Averaging about 22 minutes, the commute time for Banner Elk residents is quicker than the North Carolina average of about 25 minutes. Many residents (38%) drive their car or truck to work, while public transit isn't used extensively. Few commuters (5%) walk to work, though the number far exceeds the national average.

Among residents over the age of 25 in Banner Elk, 9% have earned a Bachelor's degree and 5% possess a Master's degree or Doctorate. If you're looking for a number of career options, Banner Elk has you covered. The four most common industries are education, entertainment, retail, and healthcare. Together, these industries account for 33% of the town's labor force. Banner Elk workers earn an average annual income of just under $68,000, roughly the same as the North Carolina average. Banner Elk, however, compares less favorably to the national average of $73,345.

Frequently Asked Questions About Banner Elk

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