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Banner Hill CDP, Tennessee Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Banner Hill CDP, Tennessee has a total population of 1,519, the 256th largest city in Tennessee, with a median household income of $66,270, which is 1% lower than the state average. The poverty rate is 21.0%.

Key Takeaways

Banner Hill CDP Quick Facts

Population 1,519
Median Household Income $66,270
Median Home Value $120,700
Poverty Rate 21.0%
Unemployment Rate 8.6%
Median Age 40.4 years
Homeownership Rate 88.4%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 12.0%
High School Graduation Rate 93.4%
Diversity Index 4/100
Population 1,519 256th of 504
Median Income $66,270 above average
Poverty Rate 21.0% 69% higher national
Median Home Value $120,700 bottom 30%

How Banner Hill CDP Compares

Economy & Housing

Employment

8.6% Unemployment Rate State: 4.7% | National: 5.2%
63.0% Labor Force Participation

Housing Overview

Owner 88.4%
Renter 11.6%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

4out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 46 | National average: 60

Education

Banner Hill CDP Rankings in Tennessee

#256 Population of 504
#153 Median Income of 504
#349 Education of 504
#370 Home Value of 504

Cities Similar to Banner Hill CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Watertown city1,511$62,991$228,40014.6%8.2%
Powells Crossroads town1,454$65,804$173,00015.6%4.7%
Gray CDP1,606$66,585$192,50033.5%4.0%
Norris city1,472$73,448$306,30053.4%7.5%
Chapel Hill town1,531$77,826$276,70014.8%4.1%

Population Overview

Banner Hill CDP is a small community located in Tennessee. The total population is 1,519. It ranks as the 256th most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Banner Hill CDP is 40.4 years. This is 4% higher than the state median of 38.9 years. With 28.1% of the population under 18, Banner Hill CDP has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Banner Hill CDP is $66,270. This is 1% lower than the state median of $67,097. Compared to the national median of $78,538, household income here is 16% lower. The poverty rate stands at 21.0%. This is 53% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 8.6%. This is 81% higher than the state rate of 4.7%. The median home value is $120,700. Housing costs are 53% lower than the state median of $256,800. With a home-value-to-income ratio of just 1.8x, Banner Hill CDP is one of the most affordable housing markets in the area. 88.4% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 67.0%.

Race & Ethnicity

Banner Hill CDP has a predominantly White (non-Hispanic) population, comprising 98.2% of all residents. Black or African American residents account for 1.5%. The Black or African American population (1.5%) is well below the state average of 15.7%.

Education

12.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 60% lower than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.4%.

Data Sources & Methodology

All demographic data for Banner Hill CDP, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Banner Hill CDP, Tennessee?

Banner Hill CDP, Tennessee has a population of 1,519 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Banner Hill CDP, TN?

The median household income in Banner Hill CDP is $66,270, which is 16% lower the national median of $78,538.

What is the poverty rate in Banner Hill CDP, TN?

The poverty rate in Banner Hill CDP is 21.0%. This means approximately 295 residents live below the federal poverty line.

What is the racial makeup of Banner Hill CDP, Tennessee?

Banner Hill CDP's population is 98.2% White, 1.5% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Banner Hill CDP, TN?

The median home value in Banner Hill CDP is $120,700. The home-value-to-income ratio is 1.8x.

How educated is Banner Hill CDP, Tennessee?

12.0% of adults (25+) in Banner Hill CDP hold a bachelor's degree or higher, and 10.6% hold a graduate or professional degree.