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Banner Elk, NC 28604 has a population of approximately 7,342 and experiences a population change rate of 34.32%. The population density is 111.7 / sq mi .
The median household income for Banner Elk, NC 28604 is $59,250, with 3,044 households and an average household size of 2.24.
The median value of a home in Banner Elk, NC 28604 is $400,900 with an appreciation rate of 24.00%. 26.38% of housing in the state is owned while 7.53% is rented.
The cost of living in Banner Elk, NC 28604 is 101.8 %.
The unemployment rate in Banner Elk, NC 28604 is 2.80%, and recent job growth is at -1.44%. Future job growth is projected at 48.30%.
The sales tax rate in Banner Elk, NC 28604 is 6.75%, while the income tax rate is 4.99% .
School expenditures in Banner Elk, NC 28604 are $17,798, and the school ratio is 12.2:1.
The average high temperature in July is 74.5 degrees, with an average low temperature in January of 19.7 degrees. The average rainfall is approximately 55 inches per year, with 41.5 inches of snow per year.
