Banner Hill, TN
Population 1,519 · Tennessee
About Banner Hill, TN
Banner Hill is a small community in Tennessee with a population of 1,519 residents. The median household income is $66,270 per year, which is near the national average. The median age in Banner Hill is 40.4 years.
Housing in Banner Hill has a median home value of $120,700 and median monthly rent of $0. Of the 570 total housing units, the majority are owner-occupied, with 448 owner-occupied and 59 renter-occupied units.
The unemployment rate in Banner Hill is 8.6% and the poverty rate is 21.0%. 12.1% of residents hold a bachelor's degree or higher. The average commute time is 23.8 minutes.
Cost of Living in Banner Hill, TN
Compared to national averages, Banner Hill has a median household income of $66,270 (12% below the national median of $75,149). Home values average $120,700, which is 51% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Tennessee, Banner Hill's income is 5% above the state average of $62,849, and home values are 44% below the state median of $214,371.
Why Live in Banner Hill, TN?
Banner Hill offers affordable housing with a median home value of $120,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($66,270) that falls below the national average. However, Banner Hill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Banner Hill has a population of 1,519 with a median age of 40.4 years. Compare Banner Hill with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Banner Hill
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rutledge | 1,521 | $41,000 | $152,300 | Compare |
| Watertown | 1,511 | $62,991 | $228,400 | Compare |
| Chapel Hill | 1,531 | $77,826 | $276,700 | Compare |
| Spencer | 1,494 | $46,563 | $135,000 | Compare |
| Tennessee Ridge | 1,546 | $56,583 | $151,800 | Compare |
| Kenton | 1,487 | $40,993 | $96,400 | Compare |
| Norris | 1,472 | $73,448 | $306,300 | Compare |
| Lone Oak | 1,463 | $53,214 | $241,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Banner Hill
What is the population of Banner Hill, TN?
The population of Banner Hill, TN is 1,519 according to the latest Census data.
What is the median household income in Banner Hill?
The median household income in Banner Hill, TN is $66,270 per year.
What is the median home value in Banner Hill?
The median home value in Banner Hill, TN is $120,700.
What is the average rent in Banner Hill?
The median monthly rent in Banner Hill, TN is $0.
What is the unemployment rate in Banner Hill?
The unemployment rate in Banner Hill, TN is 8.6%.