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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.
Previous quarter's home sale average by city. Click city to view homes for sale.

Total
Sold

Median
Price

Average
Price

Hampton, TN10$59,451$69,991
home sale data for other nearby cities
Bakersville, NC7$85,000$107,143
Balm, NC49$163,000$212,654
Banner Elk, NC52$156,826$203,445
Beech Mountain, NC49$163,000$212,654
Blountville, TN39$97,300$122,818
Bluff City, TN34$91,250$110,085
Bristol, TN102$88,000$101,340
Butler, TN12$144,000$189,256
Elizabethton, TN84$75,500$89,772
Elk Park, NC1$200,000$200,000
Elk Valley, NC49$163,000$212,654
Erwin, TN25$79,800$93,851
Johnson City, TN241$126,324$156,985
Jonesborough, TN102$123,450$141,719
Midway, TN2$142,500$142,500
Newland, NC18$130,000$119,620
Piney Flats, TN26$147,450$170,098
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
Telford, TN7$79,500$80,429
Unicoi, TN10$146,050$145,051
Valle Crucis, NC3$56,000$53,033
Watauga, TN3$28,500$62,871
Show Statistics for:

Population

Total Population213
Population Density87 Persons/Sq. Mile
Female Population107
Male Population107
Population Change since 1990↑ 32% Increase
Population Change since 2000↓ 6% Decrease

Colleges

Nearest 2-Year Public CollegeMayland Community College
Distance19 miles
Nearest 4-Year Public CollegeLees-mcrae College
Distance3 miles

Households and Income

Total Number of Households97
Family Households57
Average Family Size2.25
Average Household Income$72,579
Median Household Income$51,363
Income Change since 1990↑ 5136200% Increase
Income Change since 2000↑ 40% 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 Risk0.32
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 Temperature68.8 °F
Average January Low Temperature17.7 °F
Annual Precipitation62.8 inches
Air Pollution Index92% of National Average

Miscellaneous

Sales Tax Rate7.75%
Nearest AirportTri-cities Regional Tn/va
Distance39 miles
Nearest Major Sports TeamElizabethton Twins (r)
Distance25 miles
Show Schools in:
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Grade Levels:
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Grades: 9 - 12

Hampton High School766 1st Ave

Grades: K - 6

Hampton Elementary School408 Highway 321
Show Local Businesses in:

BANKS

Citizens Bank614 Highway 321

EMERGENCY SERVICES

Hampton Volunteer Fire Dept4th Ave & Church St

PLACE OF WORSHIP

Braemar Baptist Church464 Highway 321
Hampton Christian Church810 Deerfield Ln
Hampton First Baptist Church407 First Ave
Harmony Free Will Baptist Chr3405 Gap Creek Rd
Pearce's Chapel2831 Gap Creek Rd
Rittertown Baptist Church822 Rittertown Rd
Union Baptist Church1411 Highway 321

POST OFFICES

Us Post Office433 Highway 321

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