Banner Elk vs Murphy
Side-by-side comparison
How does Banner Elk, NC compare to Murphy, NC? Banner Elk has a population of 1,338 with a median household income of $67,917, while Murphy has 1,356 residents and a median income of $36,989. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Banner Elk, NC | Murphy, NC | Difference |
|---|---|---|---|
| Population | 1,338 | 1,356 | -1.3% |
| Median Age | 20.7 | 37.8 | -45.2% |
| Foreign Born % | 6.7% | 1% | +570.0% |
| Metric | Banner Elk | Murphy | Difference |
|---|---|---|---|
| Median Income | $67,917 | $36,989 | +83.6% |
| Unemployment | 5.6% | 5.4% | +3.7% |
| Poverty Rate | 16% | 20.6% | -22.3% |
| Bachelor's+ | 44.8% | 24.6% | +82.1% |
| Metric | Banner Elk | Murphy | Difference |
|---|---|---|---|
| Home Value | $422,900 | $221,100 | +91.3% |
| Median Rent | $879/mo | $354/mo | +148.3% |
| Housing Units | 788 | 866 | -9.0% |