Economy & Jobs — Banner Elk, North Carolina

Income & Employment

Median Household Income (Census)$86,382
Estimated 2026~$77,400
Per Capita Income$40,200
Poverty Rate13.0%
Unemployment Rate2.4%
In Labor Force461

Top Industries

IndustryShare
Arts Food27.4%
Education Healthcare26.9%
Retail22.9%

Local Businesses (County)

TypeCount
Full Service Restaurants30
Real Estate Offices24
Fast Food12
Gas Stations11
General Merchandise10
Law Offices9
Hotels Motels9
Commercial Banks7
Dental Offices7
Insurance Agencies5
Physician Offices4
Home Health4
Nursing Care4
Child Day Care4
Golf Courses Country Clubs4
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.