Banner Elk, NC Population

Overview

1,350

Total Population

21.5

Median age

58.22%

Female population %

71.8:100

Gender ratio (M:F)

20-24 years

Largest age group

24.7

Total dependency ratio

White

Largest racial group

54

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Banner Elk's population is young compared to the rest of the country:

The median age in Banner Elk is 21.5, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Banner Elk's population under 18 was 4.44%, compared to the 22.51% nationwide.
Banner Elk's elderly or the senior population (over 65 age) was 15.63% as compared to 16.04% nationwide.
Of the total population in Banner Elk, 4.15% were under the age of 15, 62.30% aged 15 to 29, 17.93% aged 30 to 64, 14.30% aged 65 to 84, and 1.33% were 85 years of age and older.

There are 222 more females than males in Banner Elk:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 58.22% females and 41.78% males in Banner Elk, NC.
The Banner Elk, NC gender ratio is 71.8:100 i.e. 71.8 men to 100 women (0.718).
For male population, the largest age group is 20-24 years with a population of 152.
For the female population, the largest age group is 20-24 years with a population of 414.

Banner Elk's population has become increasingly diverse:

Racial distribution of Banner Elk population: 87.26% are White, 4.89% are Black or African American, 0.07% are American Indian and Alaska Native, 3.48% are Asian, 0.67% are some other race and 3.63% are multiracial.
Banner Elk's racial breakdown clearly shows that there is an absolute majority of White population in the town.
By ethnicity, 54 is Hispanic or Latino (of any race), and 1,296 (96% of the total population) is Non-Hispanic.
The largest racial group in Banner Elk is White with a population of 1,178 (87.26% of the total population).

Banner Elk's population has already reached its peak and is showing a trend of decline:

The peak population was 1,137 in the year 2015
From 2000 to 2010, Banner Elk's population increased by 137 (15.39%), as compared to the national growth of 9.63%.
From 2010 to 2020, Banner Elk's population increased by 21 (2.04%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Banner Elk's population was lowest in year 2009 at 882.