Cost of living in Banner Elk, NC

Banner Elk is a Census town in Avery County, NC. ACS 2024 5-year population is 1,473. Median gross rent is $849 (ACS 2024 5-year, this place). Median home value is $458,100. Median household income is $86,382. Insurance is the NAIC state average; food is a USDA plan — no town indexes.