| Index | Banner Elk | North Carolina | National |
| Average Test Scores | 35% | 43% | 48% |
| Student/Teacher ratio | n/a | 15:1 | 16:1 |
| Total public schools | n/a | 1,895 | 79,221 |
| Total private schools | n/a | 510 | 24,874 |
| Total post-secondary schools | n/a | 183 | 7,963 |

| Index | Banner Elk | North Carolina | National |
| Completed 8th grade | 91.0% | 83.4% | 84.3% |
| Completed high school | 91.0% | 81.9% | 83.0% |
| Completed some college | 79.0% | 59.9% | 59.4% |
| Completed associate degree | 54.1% | 38.1% | 38.5% |
| Completed bachelors | 47.8% | 29.0% | 30.3% |
| Completed masters | 20.6% | 10.2% | 11.5% |
| Completed professional degree | 4.7% | 2.9% | 3.3% |
| Completed doctorate | 0.7% | 1.3% | 1.3% |
There are a total of n/a public schools, n/a private schools and n/a post-secondary schools in Banner Elk. Using the proficiency score averages, the average test scores for Banner Elk, NC schools is 35%. The average student to teacher ratio is n/a. In Banner Elk, NC, an average of 91.0% of students have completed 8th grade and an average of 91.0% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Blowing Rock, NC | 1,194 | 70% | 44.8% |
| Boone, NC | 19,927 | 58% | 20.1% |
| Elk Park, NC | 514 | 55% | 13.5% |
| Newland, NC | 728 | 49% | 1.9% |
| Valle Crucis, NC | 341 | 47% | 2.1% |
| Banner Elk, NC | 1,525 | 35% | 27.6% |
| City | Population | Avg. Test Scores | National Avg. |
| Herscher, IL | 1,525 | 30% | 38.0% |
| Mars, PA | 1,525 | 77% | 60.4% |
| Conway Springs, KS | 1,526 | 37% | 22.6% |
| Montgomery, PA | 1,526 | 67% | 40.1% |
| Island Heights, NJ | 1,526 | 77% | 60.4% |
| Banner Elk, NC | 1,525 | 35% | 27.6% |