12.5% of Banner Elk, NC residents had an income below the poverty level in 2022, which was 2.4% less than the poverty level of 12.8% across the entire state of North Carolina. 4.9% of high school graduates and 40.0% of non high school graduates live in poverty. The poverty rate was 7.6% among disabled residents. The renting rate among poor residents was 86.7%. For comparison, it was 11.7% among residents with income above the poverty level.
Poverty rates in Banner Elk, NC
Residents with income below the poverty level in 2022:
Banner Elk:
12.5%
Whole state:
12.8%
Residents with income below 50% of the poverty level in 2022:
Banner Elk:
5.6%
Whole state:
6.0%
Poverty rate among disabled residents:
Banner Elk:
7.6%
North Carolina:
20.4%
Disability rate in this town among poor residents (it is 16.6% among residents who are not classified as poor):
Banner Elk:
9.6%
North Carolina:
22.0%
Renting rate in this town among poor and not poor residents:
Residents below poverty level:
86.7%
Residents above poverty level:
11.7%
Poverty by age in Banner Elk, NC
Breakdown by age of poor male residents in Banner Elk,NC (percentage below poverty level)
0.0%Under 5 years
0.0%6 to 11 years
14.3%12 to 14 years
0.0%16 and 17 years
66.7%18 to 24 years
0.0%25 to 34 years
0.0%35 to 44 years
0.0%45 to 54 years
8.0%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Breakdown by age of poor female residents in Banner Elk,NC (percentage below poverty level)
100.0%5 years
0.0%6 to 11 years
36.0%12 to 14 years
69.0%18 to 24 years
2.0%25 to 34 years
0.0%35 to 44 years
35.0%45 to 54 years
12.0%55 to 64 years
8.0%65 to 74 years
5.0%75 years and over
Breakdown by age of very poor residents in Banner Elk,NC (% below half of poverty level)
33.3%Under 6 years
0.0%6 to 11 years
8.3%12 to 17 years
20.8%18 to 24 years
0.0%25 to 34 years
0.0%35 to 44 years
11.1%45 to 54 years
2.0%55 to 64 years
2.4%65 to 74 years
3.3%75 years and over
Poverty by race and place of birth in Banner Elk, NC
Breakdown of poor residents within races in Banner Elk, NC (%)
8.0%White
100.0%Black
0.0%American Indian
0.0%Asian
34.0%2+ races
67.0%Hispanic
Breakdown of poor residents within races in Banner Elk, NC (absolute numbers)
38White
9Black
0American Indian
0Asian
62+ races
20Hispanic
10.8%Below poverty level
89.2%Above poverty level
24.0%Below poverty level
76.0%Above poverty level
Poverty in families in Banner Elk, NC
Children below poverty level:
Banner Elk, North Carolina:
16.1%
State:
16.9%
Poverty rate among high school graduates:
Banner Elk:
4.9%
North Carolina:
8.9%
Poverty rate among people who did not graduate high school:
Banner Elk:
40.0%
North Carolina:
26.6%
13.3%Married-couple family
0.0%Male, no wife present
86.7%Female, no husband present
0.0%Worked full-time, year-round
66.7%Worked part-time
33.3%Did not work
0.0%Both worked full-time
0.0%One full-time, other part-time
0.0%One full-time, other didn't work
0.0%Both worked part-time
0.0%One part-time, other didn't work
100.0%Both didn't work
Other data
Owners below poverty level
0.0%1999 to 2000
0.0%1995 to 1998
0.0%1990 to 1994
0.0%1980 to 1989
0.0%1970 to 1979
50.0%1960 to 1969
0.0%1950 to 1959
0.0%1940 to 1949
50.0%1939 or earlier
Owners above poverty level
3.5%1999 to 2000
32.9%1995 to 1998
4.7%1990 to 1994
8.2%1980 to 1989
4.7%1970 to 1979
3.5%1960 to 1969
21.2%1950 to 1959
10.6%1940 to 1949
10.6%1939 or earlier
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