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Median House Value:

Banner Elk, NC

Found within zip codes: 28604, 28607, 28679
This is a small community that is contained in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.
NEIGHBORHOOD COST DETAILS
MEDIAN HOUSE VALUE $213,407
  • high cost relative to North Carolina
  • medium cost relative to the nation
HOUSE VALUE RANGE
COST
$1,827,000+  1%
$1,371,001-$1,827,000  0%
$913,001-$1,371,000  3%
$730,001-$913,000  0%
$548,001-$730,000  8%
$366,001-$548,000  11%
$183,001-$366,000  37%
$91,001-$183,000  24%
$0-$91,000  18%
% OF HOMES
RENTAL PRICE high cost relative to NC, medium cost relative to the nation


NEIGHBORHOOD LOOK, FEEL,
& CHARACTER
DETAILS
THE SETTING Rural (based on population density), farms
TYPE OF HOMES / DWELLINGS mostly Single-family homes, some Mobile homes, some Small apartment buildings, some Complexes/high rise apartments, a few Rowhouses & attached homes
SIZE OF HOMES / DWELLINGS mostly Medium-sized dwellings (3 or 4 bedrooms), some Small dwellings (1, 2 or no bedrooms), a few Large dwellings (4, 5 or more bedrooms)
AGE OF HOMES / DWELLINGS mostly Established but not old (Built 1970 - 1994), some Newer Homes (Built 1995 or later), some Well established older homes (Built 1940 - 1969), a few Historic homes (Built 1939 or earlier)
HOME OWNERSHIP Mixed owners & renters
SPECIAL CHARACTER mostly Artsy/funky, Quiet, Urban Sophisticates


THE NEIGHBORS DETAILS
AGE & LIFESTYLE mostly Young singles-upwardly mobile (young, educated, professionally employed, and single), some Mixed ages, some Families with children (family households with school-aged children), some Seniors (people 65 and over), some College students (people currently attending college)
EDUCATION LEVEL Rating: 8 (5 is average for the U.S., 10 is most educated)
INCOME Lower middle income (somewhat below average income for America)
OCCUPATIONS mostly Executive, managerial & professional, some Sales & Service workers, some Manufacturing & Laborers, some Clerical, assistants & technical support
ETHNICITY/ANCESTRY mostly White (non-Hispanic), some Irish ancestry, some Italian ancestry
LANGUAGES mostly English speaking, some Spanish speaking

School Rating Information


Banner Elk Educational Rating
This town is served by one school district.

WATAUGA COUNTY SCHOOLS School District




4,517 Students enrolled in District

9 Schools in District

DISTRICT RATING
COMPARED TO STATE (10 is best)
10
Better than:
of NC school
districts
99.1%
DISTRICT RATINGClick to get help on this item
COMPARED TO U.S.
(10 is best)
9
Better than:
of US school
districts
82.7%
STUDENTS PER CLASSROOM
12
STATE AVERAGE 15

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Public School Test Scores (No Child Left Behind)

88%
75%
93%
84%
83%
66%
DISTRICT
STATE
PROFICIENT IN
READING & MATH
PROFICIENT IN
READING
PROFICIENT IN
MATH
SCHOOLS IN THIS DISTRICT GRADES
BETHEL ELEMENTARY
138 BETHEL SCHOOL RD, SUGAR GROVE, NC 28679
(828) 297-2240
KG-08
BLOWING ROCK ELEMENTARY
165 MORRIS STREET, BLOWING ROCK, NC 28605
(828) 295-3204
KG-08
COVE CREEK ELEMENTARY
930 VANDERPOOL RD, VILAS, NC 28692
(828) 297-2781
PK-08
GREEN VALLEY ELEMENTARY
189 BIG HILL ROAD, BOONE, NC 28607
(828) 264-3606
KG-08
HARDIN PARK ELEMENTARY
361 JEFFERSON ROAD, BOONE, NC 28607
(828) 264-8481
KG-08
MABEL ELEMENTARY
404 MABEL SCHOOL ROAD, ZIONVILLE, NC 28698
(828) 297-2512
PK-08
PARKWAY ELEMENTARY
160 PARKWAY SCHOOL DR, BOONE, NC 28607
(828) 264-3032
PK-08
VALLE CRUCIS ELEMENTARY
2998 BROADSTONE ROAD, SUGAR GROVE, NC 28679
(828) 963-4712
KG-08
WATAUGA HIGH
400 HIGH SCHOOL DR, BOONE, NC 28607
(828) 264-2407
09-12
School district enrollment by group
ETHNIC/RACIAL GROUPS THIS DISTRICT THIS STATE
WHITE (NON-HISPANIC) (%) 93.5 56.6
BLACK (%) 3.0 31.5
HISPANIC (%) 2.4 8.4
ASIAN OR PACIFIC ISLANDER (%) 1.0 2.1
AMERICAN INDIAN OR NATIVE OF ALASKA (%) 0.1 1.4
ECONOMIC GROUPS THIS DISTRICT THIS STATE
ECONOMICALLY DISADVANTAGED (%) 30.9 42.6
Educational Expenditures
FOR THIS DISTRICT PER STUDENT TOTAL % OF TOTAL
INSTRUCTIONAL EXPENDITURES $5,336 $24,103,000 60.7
SUPPORT EXPENDITURES
STUDENT $415 $1,873,000 4.7
STAFF $226 $1,021,000 2.6
GENERAL ADMINISTRATION $317 $1,430,000 3.6
SCHOOL ADMINISTRATION $521 $2,355,000 5.9
OPERATION $698 $3,151,000 7.9
TRANSPORTATION $258 $1,164,000 2.9
OTHER $110 $498,000 1.2
TOTAL SUPPORT $2,544 $11,492,000 29.0
NON-INSTRUCTIONAL EXPENDITURES $906 $4,092,000 10.3
TOTAL EXPENDITURES $8,786 $39,687,000 100.0
Banner Elk EDUCATIONAL ENVIRONMENT
ADULTS IN Banner Elk WITH COLLEGE DEGREE OR HIGHER (%) 28.1
CHILDREN IN Banner Elk LIVING IN POVERTY (%) 7.8

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Banner Elk Appreciation Rates Click for help

PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED
TO NC*
COMPARED
TO AMERICA*
Since 1990 212.21% 11.16% 9 9
Last 10 Years Subscribe for detail
Last 5 Years Subscribe for detail
Last 2 Years Subscribe for detail
Last 12 Months Subscribe for detail
Latest Quarter Subscribe for detail
* 10 is highest

About Banner Elk

Banner Elk is a somewhat small town located in the state of North Carolina. With a population of 5,492 people and just one neighborhood, Banner Elk is the 167th largest community in North Carolina.

Unlike some towns , Banner Elk isn't mainly white- or blue-collar. Instead, the most prevalent occupations for people in Banner Elk are a mix of both white- and blue-collar jobs. Overall, Banner Elk is a town of sales and office workers, professionals, and service providers. There are especially a lot of people living in Banner Elk who work in sales jobs (14.29%), office and administrative support jobs (13.10%), and management occupations (10.16%).

Because there are quite a few people attending college in Banner Elk, it is thought of as a college town. To the benefit of the many students in the area, Banner Elk provides a number of services, amenities and opportunities geared towards their needs and activities.

Banner Elk is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town's population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.

As is often the case in a small town, Banner Elk doesn't have a public transportation system that people use for their commute.

Banner Elk Information and Demographics

The overall education level of Banner Elk citizens is substantially higher than the typical US community, as 29.29% of adults in Banner Elk have at least a bachelor's degree, and the average American community has 14.96%.

The per capita income in Banner Elk in 2000 was $18,440, which is upper middle income relative to North Carolina, and middle income relative to the rest of the US. This equates to an annual income of $73,760 for a family of four.

The people who call Banner Elk home come from a variety of different races and ancestries. The most prevalent race in Banner Elk is White, followed by African-American. Important ancestries of people in Banner Elk include English, German, Irish, Scottish, Scotch-Irish, and French.

The most common language spoken in Banner Elk is English. Some people also speak Spanish.

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Banner Elk, NC

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