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 where white-collar or blue-collar occupations dominate the local economy, Banner Elk is neither predominently one or the other. Instead, it has a mixed workforce 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%).

In addition, Banner Elk is a college town. There are a lot of students in Banner Elk attending college, and as a result Banner Elk provides a number of services, amenities and opportunities geared to the needs and activities of students.

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.

Banner Elk is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Banner Elk Information and Demographics

In terms of college education, Banner Elk is substantially better educated than the typical community in the nation, which has 14.96% of the adults holding a bachelor's degree or graduate degree: 29.29% of adults in Banner Elk have a college degree.

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.