28604, Banner Elk, NC

Banner Elk, North Carolina is a small town located in the Blue Ridge Mountains. The population of Banner Elk was just over 2,000 as of the 2010 census. The median household income in Banner Elk was just over $60,000 as of 2010.

The 28604 zip code covers a small area within the town of Banner Elk and includes most of the residential areas within the town limits. As of 2010, there were 1,871 housing units in the zip code. The average house value in the zip code was just over $190,000. The average home equity loan amount in this zip code was just under $130,000 as of 2010.

As you can see from these statistics, home equity loans are a very common form of financing for homeowners in this area. This is likely due to the relatively low cost of housing and the high level of disposable income within this community. There are also a number of large companies located within close proximity to Banner Elk, which may contribute to high levels of employment opportunities and incomes.