Banner Elk vs Newland

A side-by-side comparison of Banner Elk and Newland: population, income, housing, and more.

Banner Elk and Newland are places in North Carolina. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Banner Elk has the higher population (1,338 vs 815 in Newland). Banner Elk has the higher median household income ($67,917 vs $43,429 in Newland). Banner Elk has the higher median home value ($422,900 vs $223,800 in Newland).

Population, income & housing

	Banner Elk	Newland
Population	1,338	815
Median age	20.7 yrs	50.0 yrs
Median household income	$67,917	$43,429
Median home value	$422,900	$223,800
Median gross rent	$879	$774
Housing units	788	479
Homeownership rate	62.8%	52.6%
Bachelor's degree or higher	44.8%	29.3%
Unemployment rate	5.6%	9.7%

Trends (ACS 5-year, 2019–2023)

	Banner Elk	Newland
Population	1,332 → 1,338 (+0.5%)	755 → 815 (+7.9%)
Median household income	$55,781 → $67,917 (+21.8%)	$22,679 → $43,429 (+91.5%)
Median home value	$311,600 → $422,900 (+35.7%)	$143,800 → $223,800 (+55.6%)
Median gross rent	$813 → $879 (+8.1%)	$667 → $774 (+16.0%)

Banner Elk

Population

1,3321,338

Median household income

$55,781$67,917

Median home value

$311,600$422,900

Median gross rent

$813$879

Newland

Population

755815

Median household income

$22,679$43,429

Median home value

$143,800$223,800

Median gross rent

$667$774

Age & race/ethnicity

Age distribution (share)

	Banner Elk	Newland
Under 5	0.6%	2.3%
5 to 17	5.9%	13.1%
18 to 24	54.1%	3.7%
25 to 34	7.4%	4.3%
35 to 44	6.5%	13.7%
45 to 54	4.9%	20.7%
55 to 64	5.1%	22.1%
65 to 74	10.3%	9.6%
75 and over	5.2%	10.4%

Race & ethnicity (share)

	Banner Elk	Newland
White (non-Hispanic)	81.7%	92.3%
Black or African American	7.7%	0.2%
American Indian & Alaska Native	0.0%	0.0%
Asian	2.1%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	2.9%	0.0%
Hispanic or Latino	5.6%	7.5%

Educational attainment (age 25+)

Share of adults 25+

	Banner Elk	Newland
No high school diploma	0.9%	4.9%
High school graduate	27.1%	34.0%
Some college or associate's	27.1%	31.9%
Bachelor's degree	21.3%	19.4%
Graduate or professional degree	23.5%	9.9%

Commute to work

How workers get to work (share)

	Banner Elk	Newland
Drove alone	64.5%	92.6%
Carpooled	6.6%	0.6%
Public transit	0.0%	0.0%
Walked	9.5%	0.6%
Bicycle	0.0%	0.0%
Worked from home	19.4%	4.8%
Other means	0.0%	1.3%

Housing

Units in structure (share)

	Banner Elk	Newland
1-unit, detached	47.0%	68.9%
1-unit, attached	3.2%	0.0%
2 to 4 units	39.5%	4.4%
5 to 19 units	8.9%	1.3%
20 or more units	0.0%	7.1%
Mobile home & other	1.5%	18.4%

Poverty & households

	Banner Elk	Newland
Poverty rate	16.0%	12.1%
Average household size	1.80	1.96
Mean commute (minutes)	12	16
Median year structure built	1997	1968