Banner Elk, North Carolina Mortgage and Housing Information

Population: 811
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$225,000

A comparison of the average prices of homes in Banner Elk, North Carolina and the U.S.
	U.S.	North Carolina	Banner Elk
Median home value in year 2000	$111,800	$95,800	$156,300

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	North Carolina	Banner Elk
With a mortgage	$1,088	$985	$870
Without a mortgage	$295	$254	$244

Types of mortgages for owner-occupied Single-family Houses in Banner Elk (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	30	37.0%
First Mortgage Only	41	50.6%
Second Mortgage and/or Home Equity Loan	10	12.3%
Total	81	100%

Median age for males and females (2000).
Males	21
Females	21

Males earn $2,826 (63.1%) more than Females in Banner Elk.

Level of higher education for people over 25 years in Banner Elk (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	33	20.6%	19	11.9%
Associate Degree	13	8.1%	16	10.0%
Bachelor's Degree	35	21.9%	52	32.5%
Master's Degree	21	13.1%	14	8.8%
Professional Degree	12	7.5%	0	0.0%
Doctorate Degree	6	3.8%	4	2.5%
Total (at least some college)	120	75.0%	105	70.0%
Total over 25	160	100%	150	100%

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