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Everything You Should Know Before Moving to Banner Elk, NC

Thinking of moving to Banner Elk, NC? This charming mountain town of 1,145 residents offers scenic beauty, a relaxed lifestyle, and a cost of living below the national average. With median home prices around $345,000 and average rents near $1,060, housing is accessible, while crime rates remain low. Commutes average just 16 minutes, and the area boasts four-season weather and proximity to Lees-McRae College. Banner Elk is ideal for those seeking small-town living with year-round outdoor adventure.

Demographics - Banner Elk, NC

Demographics - Banner Elk, NC

Banner Elk is a small mountain town with a population of about 1,145, characterized by a youthful median age of 21.3 due in part to the presence of Lees-McRae College. The community is predominantly White, and the area maintains a balanced gender ratio. A modest percentage of residents speak languages other than English, contributing to a welcoming, close-knit atmosphere.

demograph population
Population:
1,145
demograph density
Density:
420 per sq mi
demograph median age
Median Age:
21.3
Demograph Gender Ratio
Gender Ratio:
85 males per 100 females
demograph Non English Speakers Percentage
Non-English Speakers Percentage:
4.2%
demograph ethnicCompositionEthnic Composition
demograph whites
White:
92.5%
demograph blacks
Black:
2.4%
demograph asian
Asian:
1.6%
demograph others
Others:
3.5%
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People moving

Cost Of Living

Cost Of Living

What is the average cost of living in Banner Elk, NC?

The cost of living in Banner Elk is slightly below the national average, making it an affordable option for new residents. Median home values are around $345,000, and average rents are $1,060, offering accessible choices for both buyers and renters. Everyday expenses, including utilities and groceries, remain reasonable for the region.

cost of living medianHouseValue
Median House Value:
$345,000
cost of living grossRent
Gross Rent:
$1,060
cost of living monthlyElectricityCharges
Monthly Electricity Charges:
$120
cost of living autoInsurance
Auto Insurance:
$1,130
cost of living houseownerCostWithMortgage
House Owner Cost With Mortgage:
$1,520
cost of living houseownerCostWithoutMortgage
House Owner Cost Without Mortgage:
$445
cost of living stateTaxes State Taxes:
Low:
5.25%
|
High:
5.25%
cost of living costOfLivingIndex
Cost Of Living Index:
95.2
cost of living grocery
Grocery:
98.5
cost of living housing
Housing:
90.3
cost of living utilities
Utilities:
96.0
cost of living transportation
Transportation:
92.1
cost of living health-care
Health Care:
96.7
cost of living miscellaneous
Miscellaneous:
94.8

Crime

Crime

Is Banner Elk, NC a safe place to live?

Banner Elk enjoys a low crime rate, with violent crimes being especially rare and property crime rates below national averages. Residents have a 1 in 1,220 chance of experiencing violent crime, contributing to a sense of safety and peace of mind. The town's secure environment is appealing for families and retirees alike.

crime voilentCrimes
Violent Crimes Per 100k:
82
crime propertyCrime
Property Crimes Per 100k:
1,180
crime crimeIndex
Crime Index:
1,262
crime chanceOfViolentCrime
Chance Of Violent Crime:
1 in 1,220
crime chanceOfPropertyCrime
Chance Of Property Crime:
1 in 85
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Weather

Weather

What is the weather like in Banner Elk, NC year-round?

The town experiences all four seasons, with mild summers reaching highs of 77°F and crisp winters with lows around 19°F. Banner Elk receives about 54 inches of rainfall annually and enjoys 57% sunny days, making it ideal for outdoor activities throughout the year. The moderate climate attracts those who appreciate mountain weather and scenic beauty.

weather winterWinter
weather min
Min:
19°F
weather max
Max:
39°F
weather springSpring
weather min
Min:
38°F
weather max
Max:
65°F
weather summerSummer
weather min
Min:
57°F
weather max
Max:
77°F
weather fallFall
weather min
Min:
40°F
weather max
Max:
67°F
weather averageRainfallInches
Average Rainfall Inches:
54.0 inches
weather sunnyDays Percentage
Sunny Days Percentage:
57%

Neighbors

Neighbors

Households in Banner Elk have a median income of $54,800, with a family income of $61,500, and a low unemployment rate of 4.7%. Most residents enjoy short commutes averaging 16 minutes, and about 90% have completed high school or higher. While the poverty rate is slightly above average, the town fosters a friendly, community-focused environment.

neighbor medianIncome
Median Income:
$26,700
neighbor householdIncome
Household Income:
$54,800
neighbor familyIncome
Family Income:
$61,500
neighbor perCapitaIncome
Per Capita Income:
$19,000
neighbor incomeMale
Income Male:
$31,100
neighbor incomeFemale
Income Female:
$28,500
neighbor povertyRate
Poverty Rate:
19.1%
neighbor nonEnglishSpeakers
Non English Speakers:
4.2%
neighbor rent
Rent:
$1,060
neighbor unemployment
Unemployment Rate:
4.7%
neighbor publicTransport
Public Transport Usage:
0.5%
neighbor commuteTime
Commute Time:
16.4 minutes
neighbor educationEducation
neighbor highSchool
High School or Higher:
89.8%
neighbor bachelors
Bachelors or More:
31.2%
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Education

Education

How are the schools in Banner Elk, NC?

Banner Elk offers quality educational options, including public and private schools with favorable student-teacher ratios. Lees-McRae College is located right in town, and Appalachian State University is just 17 miles away, providing higher education opportunities close to home. The local commitment to education supports learners of all ages.

education PublicSchoolsPublic Schools
education publicName
Name:
Banner Elk Elementary School
education publicStreet
Street:
155 Orchard Ln
education publicPhone
Phone:
828-898-5601
education publicStudents
Students:
220
education publicStudentTeacherRatio
Student Teacher Ratio:
12.5


education privateSchoolsPrivate Schools
education privateName
Name:
Avery County Christian Academy
education privateStreet
Street:
7850 Hickory Nut Gap Rd
education privatePhone
Phone:
828-898-3521
education privateStudents
Students:
60


education collegesColleges
education collegeName
Name:
Lees-McRae College
education collegeCity
City:
Banner Elk
education collegeState
State:
NC
education collegeDistance
Distance:
0 miles
education collegeStudents
Students:
900


education collegeName
Name:
Appalachian State University
education collegeCity
City:
Boone
education collegeState
State:
NC
education collegeDistance
Distance:
17 miles
education collegeStudents
Students:
20,000


Healthcare

Healthcare

Residents have access to quality healthcare, including nearby Watauga Medical Center and Cannon Memorial Hospital, both offering emergency services. Banner Elk has an above-average physician availability with 2.1 doctors per 1,000 people, and about 90% of residents are insured. The local healthcare system provides essential services for both families and individuals.

healthcare majorHospitals Major Hospitals
healthcare hospitalName
Name:
Watauga Medical Center
healthcare hospitalAddress
Address:
336 Deerfield Rd, Boone, NC 28607
healthcare hospitalPhone
Phone:
(828) 262-4100
healthcare hospitalType
Type:
General & Surgical
healthcare emergencyServices
Emergency Services:
Yes


healthcare hospitalName
Name:
Cannon Memorial Hospital
healthcare hospitalAddress
Address:
434 Hospital Dr, Linville, NC 28646
healthcare hospitalPhone
Phone:
(828) 737-7000
healthcare hospitalType
Type:
Critical Access
healthcare emergencyServices
Emergency Services:
Yes


healthcare physiciansPer1000
Physicians Per 1000:
2.1
healthcare healthInsuranceCoverage
Health Insurance Coverage:
90.5%
healthcare healthCareIndex
Health Care Index:
78.0
Healthcare
Housing Market

Housing Market

Housing Market

What is the housing market like in Banner Elk, NC?

Banner Elk’s housing market is stable, with a median home price of $345,000 and average two-bedroom rent at $1,060. Over half of the homes are owner-occupied, and the area has a low foreclosure rate of 0.4%, suggesting a healthy real estate environment. Recent home appreciation has been positive, making it a solid choice for buyers and investors.

housing market medianHomePrice
Median Home Price:
$345,000
housing market averageRentFor2Bedroom
Average Rent For 2 Bedroom:
$1,060
housing market ownerOccupiedRate
Owner Occupied Rate:
54.8%
housing market rentalVacancyRate
Rental Vacancy Rate:
8.6%
housing market homeAppreciationRate1Yr
Home Appreciation Rate (1yr):
6.2%
housing market newConstructionRate
New Construction Rate:
2.1%
housing market foreclosureRate
Foreclosure Rate:
0.4%

DMV Information

DMV Information

Residents handle vehicle licensing and registration through the North Carolina Division of Motor Vehicles, located in nearby Wilkesboro. Services can also be accessed online or by phone for added convenience. The DMV provides straightforward options for new arrivals and long-term residents alike.

dmv state
State:
North Carolina
dmv department
Department:
North Carolina Division of Motor Vehicles
dmv address
Address:
1801 West Highway 421, Wilkesboro, NC 28697
dmv phone
Phone:
1-919-715-7000
DMV

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

Top Movers in Banner Elk, NC

Planning a relocation in or near Banner Elk? We have you covered. Whether you're moving across a street or across town, our dependable network of local movers is ready to handle every aspect of your relocation. Find expert movers who will make your move as seamless, efficient, and stress-free as possible, from packing and loading to transporting and unpacking. Explore specialty moving services, compare estimates, and contact a reputable moving company in Banner Elk.

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FAQs About Moving to Banner Elk, NC

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Check the cost of living, housing, traffic, and public transit in Banner Elk. Each neighborhood has its own vibe, so pick one that fits your lifestyle. Be prepared for Banner Elk climate and weather.

Moving within Banner Elk usually costs between $300 and $1,500. Moving long distances can cost anywhere from $2,000 to more than $5,000. The price may go up if you need extra services like packing or storage. Fill out Movers.com quote form to compare the quotes easily.

While moves happen year-round, spring and fall are often more comfortable in Banner Elk. Booking outside of peak summer or winter seasons can save money and make scheduling easier.

Yes! Majority of moving companies in Banner Elk offer full service moving, which means they will help you pack, unpack, and arrange your belongings.

You should plan your move from Banner Elk at least 4 to 8 weeks in advance, especially if you're moving during the busy season (summer). You can get better availability, prices, and flexibility with your moving date if you book early. If you book at the last minute, you may have fewer choices or pay more.
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