Banner Elk, NC Employment - Median Household Income, Unemployment Rate

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D+

0%

Income/capita NAT. AVG.

3%

Household income NAT. AVG.

59%

Unemployment NAT. AVG.

Index	Banner Elk	North Carolina	National
Income per capita	$29,943	$26,779	$29,829
Median household income	$53,750	$48,256	$55,322
Median income owner occupied	$89,464	$61,102	$70,586
Median income renter occupied	$39,083	$31,027	$35,192
Median earnings male	$0	$32,737	$36,919
Median earnings female	$5,736	$25,062	$26,250
Unemployment rate	7.4%	5.1%	4.7%
Poverty level	15.5%	16.8%	15.1%

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Key findings

The income per capita in Banner Elk is equal to the national average
The median household income in Banner Elk is 3% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Banner Elk is 59% higher than the national average
The poverty level in Banner Elk is 3% higher than the national average

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am i middle class

$35,829 $53,750 $107,500

City

$32,167 $48,256 $96,512

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Banner Elk median earnings by income bracket

Banner Elk employment by industry

Labour Type	Male	Female
Construction industry	6.2%	6.2%
Manufacturing sector	12.8%	12.8%
Financial & insurance services	1.4%	1.4%
Wholesale & retail services	11.4%	11.4%
Public administration	2.8%	2.8%
Transportation, warehousing & utilities	0.9%	0.9%
Education, health & social services	20.4%	20.4%
Other	40.8%	40.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Grandfather, NC	60	$86,250	55.9%
Sugar Mountain, NC	487	$83,438	50.8%
Blowing Rock, NC	1,149	$83,333	50.6%
Crossnore, NC	146	$79,375	43.5%
Seven Devils, NC	441	$74,792	35.2%
Banner Elk, NC	1,473	$53,750	2.8%

Cities with similar population

City	Population	Household Income	National Avg.
Belle Plaine, KS	1,473	$58,977	6.6%
Crownsville, MD	1,473	$93,750	69.5%
Pennsboro, WV	1,473	$41,673	24.7%
Lebec, CA	1,474	$33,778	38.9%
Belleair Beach, FL	1,472	$94,688	71.2%
Banner Elk, NC	1,473	$53,750	2.8%

Source: The Banner Elk, NC employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).