Banner Elk

Banner Elk has notably lower household income than the US average, with a median household income of $22,188. Population has held roughly steady since 2000. 39% of adults hold a bachelor's degree or higher, well above the national rate of 20%. Median home value is $77,900. At a median age of 20.1, residents skew younger than the country as a whole. 39% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.