Banner Elk township

County:: Avery County
County Seat:: No
Area (mi²):: 27.751
State:: North Carolina

Banner Elk township is located in Avery County, North Carolina. Banner Elk township has a 2025 population of 3,708. Banner Elk township is currently declining at a rate of 0% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.

The average household income in Banner Elk township is $124,996 with a poverty rate of 11.5%. The median age in Banner Elk township is 33.3 years: 38.1 years for males, and 31.5 years for females.

Demographics

The racial composition of Banner Elk township includes 82.69% White, 5.04% other race, and smaller percentages for Black or African American, Asian, Native Hawaiian or Pacific Islander, Native American and multiracial populations.

Population by Race

White

Two or more races

Other race

Black or African American

Asian

Native Hawaiian or Pacific Islander

Native American

Race	Population	Percentage (of total)
White	3,066	82.69%
Two or more races	271	7.31%
Other race	187	5.04%
Black or African American	103	2.78%
Asian	60	1.62%
Native Hawaiian or Pacific Islander	21	0.57%
Native American	0	0%

Banner Elk township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Banner Elk township's average per capita income is $40,887. Household income levels show a median of $83,070. The poverty rate stands at 11.5%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$95,337	-
Families	$86,023	$155,636
Households	$83,070	$124,996
Non Families	$48,438	$78,197

$40,887

Average Income

$83,070

Median Household Income

11.5%

Poverty Rate