Banner elk is located in Avery county North carolina with a geographic area of 1.9 square miles. The total population in Banner elk is 1,473 with 39.0% male and 61.0% female. Children under age 5 represent 2.2% of the population, under age 18 equal 4.9% of the population and over age 65 is 14.0% of the population. The median household income is $53,750, per capita income is $29,943. There are a total of 352 housing units with 64.5% owner occupied. Education includes 10.8% of residents that are high school graduates and 56.5% with a bachelor's degree or higher. The average temperature in Banner elk in the summer is 75 degrees, and in the winter 38 degrees.
