Economy in Banner Elk, North Carolina
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| Unemployment Rate | 10.90% | 8.60% |
| Recent Job Growth | -1.77% | 0.35% |
| Future Job Growth | 25.56% | 32.10% |
| Sales Taxes | 6.75% | 5.00% |
| Income Taxes | 7.00% | 4.70% |
| Income per Cap. | $15,734 | $26,154 |
| Household Income | $40,435 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.91% | 12.37% |
| Income between 15K and 25K | 13.64% | 10.53% |
| Income between 25K and 35K | 12.88% | 10.88% |
| Income between 35K and 50K | 20.45% | 15.37% |
| Income between 50K and 75K | 18.94% | 20.14% |
| Income between 75K and 100K | 10.23% | 12.41% |
| Income between 100K and 150K | 6.06% | 11.27% |
| Income between 150K and 250K | 1.14% | 5.01% |
| Income between 250K and 500K | 0.38% | 1.86% |
| Income greater than 500K | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.99% | 14.04% |
| Professional and Related Occupations | 21.92% | 20.61% |
| Service | 16.44% | 14.45% |
| Sales and Office | 28.08% | 26.75% |
| Farming, Fishing, and Forestry | 1.37% | 0.70% |
| Construction, Extraction, and Maintenance | 12.67% | 9.42% |
| Production, Transportation, and Material Moving | 7.19% | 14.05% |
The unemployment rate in Banner Elk, NC, is 10.90%, with job growth of -1.77%. Future job growth over the next ten years is predicted to be 25.56%.
Banner Elk, NC Taxes
Banner Elk, NC,sales tax rate is 6.75%. Income tax is 7.00%.
Banner Elk, NC Income and Salaries
The income per capita is $15,734, which includes all adults and children. The median household income is $40,435.
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