Banner Elk, NC — income, home value, property tax, and sales tax.
In ZIP code 28664, near Banner Elk, households earn an average of $58,807 per person. County property taxes run at an effective rate of 0.38%, so a home's assessed value is taxed at well under half a percent each year. Sales taxes combine to 6.75% on purchases. Together these figures sketch a fairly gentle tax picture: the property rate is far below what many parts of the country charge, and the sales rate sits near common statewide levels. Income here is solid enough that neither tax takes a large bite out of what a household brings in.