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Banner Hill, Tennessee

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,211
Population
$59,784
Median Income
$116,300
Home Value
42.6
Median Age

Demographics

Banner Hill has a population of 1,211 with a median age of 42.6. Here is the racial and ethnic breakdown of the population:

White
98.1%
Black
1.1%
Other
0.8%
Demographic Value
Total Population1,211
Median Age42.6
White98.1%
Black or African American1.1%
Other / Two or More Races0.8%
White: 98.1%Other: 1.9%1,211PopulationWhiteWhite98.1%OtherOther1.9%

Income & Economy

The median household income in Banner Hill is $59,784, which is 25.8% below the national median of $80,610. The per capita income is $28,156. The poverty rate is 28.4%.

$59,784
Median Household Income
$28,156
Per Capita Income
28.4%
Poverty Rate

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Education

In Banner Hill, 93.5% of residents age 25+ have a high school diploma or higher, and 13.2% hold a bachelor's degree or higher (11.7% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
13.2%
Graduate+
11.7%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher13.2%
Graduate or Professional Degree11.7%

Housing

The median home value in Banner Hill is $116,300, below the national median of $303,400. The homeownership rate is 88.4%.

$116,300
Median Home Value
88.4%
Homeownership Rate
Housing Metric Value
Median Home Value$116,300
Homeownership Rate88.4%
Vacancy Rate8.7%

Salaries in Tennessee

Explore salary data for popular occupations in Tennessee:

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Other Cities in Tennessee

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Frequently Asked Questions

What is the population of Banner Hill, Tennessee?
The population of Banner Hill, Tennessee is 1,211 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Banner Hill, Tennessee?
The median household income in Banner Hill, Tennessee is $59,784. This is 25.8% below the national median of $80,610.
What is the median home value in Banner Hill, Tennessee?
The median home value in Banner Hill, Tennessee is $116,300.
What percentage of people in Banner Hill have a college degree?
In Banner Hill, Tennessee, 13.2% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Banner Hill, Tennessee an affordable place to live?
The home price-to-income ratio in Banner Hill, Tennessee is 1.9x (median home value $116,300 vs. median income $59,784), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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