|Year||Population||Rank in US||Growth Rate|
Based on the latest 2022 data from the US census, the current population of Banner Elk is 1,035. Banner Elk, North Carolina is the 10,052nd largest city in the US.
The peak population of Banner Elk was in 1990, when its population was 1,085. In 1990, Banner Elk was the 9,423rd largest city in the US; now its fallen to the 10,052nd largest city in the US. Banner Elk is currently 4.6% smaller than it was in 1990.
Banner Elk has grown 19.9% since the 2000. Banner Elk, North Carolina is growing moderately quickly; it is growing faster than 86% of similarly sized cities since 2000.
|10198||North Topsail Beach||1,000||19.0%|
|10052||Banner Elk, North Carolina||1,035||19.9%|
|10058||Bolivar, West Virginia||1,033||-1.4%|
The total voting age population of Banner Elk, North Carolina, meaning US citizens 18 or older, is 1,192. The voting age population is 34.5% male and 65.5% female.
According to the latest census statistics, 13.5% of the residents of Banner Elk are 65 or older.
The racial demographics of Banner Elk are 88.4% White, 4.1% Black, 3.4% Two or more races, 2.4% Other, 1.5% Asian and 0.2% American Indian. Additionally, 8.0% of the population identifies as Hispanic.
In Banner Elk, 16.8% of residents have an income below the poverty line, and the child poverty rate is 36.2%. On a per-household basis, 19.0% of families are below the poverty line in Banner Elk.
Among those aged 16 and older, 45.6% of Banner Elk residents are in the labor force.
Among the adult population 25 years old and over, 92.8% of Banner Elk residents have at least a high school degree or equivalent, 44.2% have a bachelor's degree and 23.3% have a graduate or professional degree.
Among Banner Elk residents aged 5 and older, 11.9% of them speak a non-English language at home. Broken down by language: 5.2% of residents speak Spanish at home, 6.0% speak an Indo-European language, and 0.5% speak an Asian language.
The unemployment rate in Banner Elk is 17.5%, which is calculated among residents aged 16 or older who are in the labor force.
In Banner Elk, 16.3% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Banner Elk is $55,781.
In Banner Elk, 56.3% of housing units are occupied by their owners.
Renters occupy 43.7% of housing units in Banner Elk.
Of all the housing units in Banner Elk, 8.1% of them were build before 1940.
In Banner Elk, 51.9% of the total housing units were built after the year 2000, which is approximately 280 units.
The median gross monthly rent payment for renters in Banner Elk is $813.
In Banner Elk, 86.6% of households have an active broadband internet connection.