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Banner Elk, North Carolina - “Home of the Wooly Worm Festival”

Situated at 3,739 feet above sea level, the village of Banner Elk is in the heart of the best of High Country Skiing. Banner Elk has a full time population of 995 residents with a vibrant part time population during the summer months. The area was first occupied by Cherokee Indians who used the land as their hunting grounds. The first European settlers arrived in 1825 and the town was incorporated in 1911. In the early 20th century, the cooler mountain temperatures drew people to visit Banner Elk for vacations and short trips to the mountains. The Banner Elk hotel was built in 1892 to accommodate the growing number of visitors to the area and tourism became the mainstay of the town’s economy.

Banner Elk, NC and the surrounding area is also known as the “Christmas Tree Capital of the World” and next to tourism related businesses, is a foundation of the local economy. Located just minutes away from Grandfather Mountain, Linville, Boone, and Blowing Rock; Banner Elk has many luxury gated communities as well as thriving family neighborhoods. The pastoral drive into town from Hwy 105 offers breathtaking views of Beech, Grandfather and Sugar Mountain.

Lees-McRae College, a private liberal arts school, has been located here since 1900 and is a special part of the community catering to approximately 700 students. Banner Elk, NC is a part of the Avery County school system which provides their students with superior instruction in a supportive environment. The village of Banner Elk provides the intimacy of a small town in the setting of a Thomas Kincaide painting.
Learn about local communities and neighborhoods in North Carolina
Boone, North Carolina - “Firefly Capital of the World”
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Welcome to Blowing Rock, NC
Welcome to Blowing Rock, North Carolina, the “Crown of the Blue Ridge.” The cool mountain temperatures have been a draw for vacationers since th... Read more
Previous quarter's home sale average by city. Click city to view homes for sale.

Total
Sold

Median
Price

Average
Price

Banner Elk, NC52$156,826$203,445
home sale data for other nearby cities
Aho, NC22$287,050$355,940
Bakersville, NC7$85,000$107,143
Balm, NC49$163,000$212,654
Bamboo, NC22$287,050$355,940
Beech Mountain, NC49$163,000$212,654
Blowing Rock, NC22$287,050$355,940
Boone, NC48$185,000$248,482
Butler, TN12$144,000$189,256
Collettsville, NC1$40,000$40,000
Deep Gap, NC3$165,000$143,833
Elk Park, NC1$200,000$200,000
Elk Valley, NC49$163,000$212,654
Fleetwood, NC7$160,000$181,744
Hampton, TN10$59,451$69,991
Mayview Park, NC22$287,050$355,940
Mountain City, TN18$146,500$154,015
Newland, NC18$130,000$119,620
Roan Mountain, TN6$66,150$71,387
Seven Devils, NC49$163,000$212,654
Sugar Grove, NC4$180,000$174,650
Sugar Mountain, NC49$163,000$212,654
Todd, NC5$300,000$279,672
Valle Crucis, NC3$56,000$53,033
Vilas, NC8$290,000$319,938
Zionville, NC3$165,000$177,305
Show Statistics for:

Population

Total Population825
Population Density437 Persons/Sq. Mile
Female Population411
Male Population414
Population Change since 1990↓ 14% Decrease
Population Change since 2000↑ 1% Increase

Colleges

Nearest 2-Year Public CollegeMayland Community College
Distance21 miles
Nearest 4-Year Public CollegeLees-mcrae College
Distance2 miles

Households and Income

Total Number of Households293
Family Households191
Average Family Size2.41
Average Household Income$56,719
Median Household Income$41,931
Income Change since 1990↑ 2096450% Increase
Income Change since 2000↑ 26% Increase

Crime Rates Compared to National Average

The National Average is designated 1.0 - A value of 2.0 represents twice as much risk while a value of 0.5 represents half as much risk.
Total Crime Risk0.95
Crime Risk (County)0.31
Personal Crime Risk (County)0.26
Murder Crime Risk (County)0.39
Rape Crime Risk (County)0.11
Robbery Crime Risk (County)0.44
Assault Crime Risk (County)0.58
Property Crime Risk (County)1.01
Burglary Crime Risk (County)0.47
Larceny Crime Risk (County)0.25
Motor Vehicle Theft Risk (County)0.56

Climate

Average July High Temperature76.8 °F
Average January Low Temperature18.9 °F
Annual Precipitation49.6 inches
Air Pollution Index94% of National Average

Miscellaneous

Sales Tax Rate7.75%
Nearest AirportTri-cities Regional Tn/va
Distance37 miles
Nearest Major Sports TeamElizabethton Twins (r)
Distance23 miles
Show Schools in:
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Grade Levels:
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Grades: K - 6

Banner Elk Elementary School185 Azalea Cir

Grades: Other

Grandfather Academy64 Hickory Nut Gap Rd
High Country Christian School1551 Time Cassell Rd
Show Local Businesses in:

AIR TRAVEL

Elk River Airport-nc06643 Banner Elk Hwy

BANKS

Bank Of America330 Main St E
Bb&t4501 Tynecastle Hwy # 15
Fifth Third Bank1667 Tynecastle Hwy
Highlands Union Bank115 Main St E

EMERGENCY SERVICES

Banner Elk Fire Dept9230 Nc Highway 105 S
Banner Elk Police Dept583 Main St E
Banner Elk Volunteer Fire Dept256 Norwood Hollow Rd
Banner Elk Volunteer Fire Dept345 Shawneehaw Ave
Foscoe Volunteer Fire Dept9230 Nc Highway 105 S
Shawneehaw Volunteer Fire Dept171 Rominger Rd

GOLF

Diamond CreekDobbins Rd

MISC ATTRACTIONS

Best Western Plus-mountain Ldg1615 Tynecastle Hwy
Valle Crucis Conference Ctr5040 Nc Highway 194 S

PLACE OF WORSHIP

Arbor Dale Presbyterian Church6619 Hickory Nut Gap Rd
Banner Elk Christian Fllwshp140 Woods Ln
Banner Elk Church Of Christ220 Blaine Norwood Rd
Banner Elk Presbyterian Church420 College Dr
Banner Elk Seventh Day Advntst1551 Tynecastle Hwy
Banner Elk United Methodist486 College Dr
Church Of Jesus Christ Of Lds1034 Banner Elk Hwy

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