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Banner Elk, NC
Full City Profile · North Carolina · Avery County County
3.2
/5.0
B
Good
1,338
Population
708/sq mi density
$67,917
Median Income
$40,200 per capita
$422,900
Home Value
$566,987 Zillow
$879
Median Rent
35.3% income on rent
50°F
Avg Temperature
299 sunny days/yr
454
Violent Crime/100K
999 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$67,917 median income, 2.1% unemployment
B
Affordability
3.2 / 5.0
$422,900 home value, $879/mo rent
F
Safety
1.0 / 5.0
454 violent crimes/100K (20% above avg)
A+
Education
4.6 / 5.0
44.8% bachelor's degree or higher
Top Industries in Banner Elk (9)
County-level employment data (BLS QCEW). Sorted by employment.
Accommodation & Food Services
985 jobs
62 firms
$26,267/yr
Arts & Entertainment
847 jobs
21 firms
$44,278/yr
Retail Trade
839 jobs
85 firms
$31,711/yr
Construction
655 jobs
101 firms
$56,608/yr
Administrative & Waste Services
518 jobs
55 firms
$47,193/yr
Other Services
206 jobs
59 firms
$40,042/yr
Wholesale Trade
134 jobs
17 firms
$55,460/yr
Real Estate
122 jobs
50 firms
$55,064/yr
Manufacturing
75 jobs
14 firms
$49,783/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Arts & Entertainment
7.01
Construction
1.74
Accommodation & Food Services
1.51
Administrative & Waste Services
1.22
Retail Trade
1.17
Real Estate
1.09
Other Services
0.95
Wholesale Trade
0.47
Manufacturing
0.13
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Accommodation & Food Services | 985 | 62 | $505 | $26,267 | 1.51 |
| Arts & Entertainment | 847 | 21 | $851 | $44,278 | 7.01 |
| Retail Trade | 839 | 85 | $610 | $31,711 | 1.17 |
| Construction | 655 | 101 | $1,089 | $56,608 | 1.74 |
| Administrative & Waste Services | 518 | 55 | $908 | $47,193 | 1.22 |
| Other Services | 206 | 59 | $770 | $40,042 | 0.95 |
| Wholesale Trade | 134 | 17 | $1,067 | $55,460 | 0.47 |
| Real Estate | 122 | 50 | $1,059 | $55,064 | 1.09 |
| Manufacturing | 75 | 14 | $957 | $49,783 | 0.13 |