The unemployment rate in Banner Elk is 3.7% (U.S. avg. is 3.9%). Recent job growth is Negative. Banner Elk jobs have decreased by 0.2%. More Economy
COST OF LIVING
Compared to the rest of the country, Banner Elk's cost of living is 1.3% lower than the U.S. average. More Cost of Living
or Compare Banner Elk's Cost of Living
WEATHER & CLIMATE
August, July and June are the most pleasant months in Banner Elk, while January and February are the least comfortable months. Today's Weather
| Climate Averages
Avery county voted Republican in the previous five Presidential elections. More Voting Stats
Banner Elk's population is 1,451 people. Since 2010, it has had a population growth of 55.9%. Learn More...
Average Commute time is 23 minutes. The National Average is 26 minutes. Learn More...
The median home cost in Banner Elk is $257,400. Home appreciation the last 10 years has been 5.9%. Check out the homes in the area
Banner Elk public schools spend $10,627 per student. The average school expenditure in the U.S. is $12,383. There are about 13 students per teacher in Banner Elk. More Education