Banner Elk town: Median Household Income Trend
How Banner Elk town's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$53,750
2023
$67,917
Total change
+$14,167
% change
+26.4%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $53,750 | — |
| 2019 | $55,781 | +$2,031 (3.8%) |
| 2020 | $53,750 | $2,031 (-3.6%) |
| 2021 | $58,333 | +$4,583 (8.5%) |
| 2022 | $66,607 | +$8,274 (14.2%) |
| 2023 | $67,917 | +$1,310 (2%) |