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Banner Hill, Tennessee Demographics & Population 2026

High PovertyPoverty rate of 28.4% is well above the state average
Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Banner Hill, Tennessee had a total population of 1,211, the 279th largest community in Tennessee, with a median household income of $59,784, which is 14% lower than the state average. The poverty rate is 28.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Banner Hill Quick Facts

Population 1,211
Median Household Income $59,784
Median Home Value $116,300
Poverty Rate 28.4%
Unemployment Rate 10.3%
Median Age 42.6 years
Homeownership Rate 88.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 13.2%
High School Graduation Rate 93.5%
Diversity Index 4/100
Population 1,211 279th of 502
Median Income $59,784 average
Poverty Rate 28.4% 128% higher than national
Median Home Value $116,300 bottom 20%

How Banner Hill Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,5191,211-20.3%
Median household income$66,270$59,784-9.8%
Median home value$120,700$116,300-3.6%

How Banner Hill Compares

Economy & Housing

Household Income Distribution

Under $25K 20.2%
$25K-$50K 23.3%
$50K-$100K 29.3%
$100K+ 27.2%
Detailed income brackets
Under $10K
17.9%
$10K-$15K
0.0%
$15K-$20K
2.3%
$20K-$25K
0.0%
$25K-$30K
11.0%
$30K-$35K
2.3%
$35K-$40K
10.0%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
7.1%
$60K-$75K
17.7%
$75K-$100K
4.6%
$100K-$125K
3.3%
$125K-$150K
14.5%
$150K-$200K
9.4%
$200K+
0.0%

Employment

10.3% Unemployment Rate State: 4.7%|National: 5.2%
57.2% Labor Force Participation

Housing Overview

Owner 88.4%
Renter 11.6%
Affordability Index Very Affordable
1.9x 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: 61

Education

Banner Hill Rankings in Tennessee

#279 Population of 502
#210 Median Income of 453
#334 Education of 502
#409 Home Value of 464

Other Cities in Unicoi County

CityPopulationMedian IncomePovertyHome Value
Erwin 5,988 $47,487 12.6% $180,900
Unicoi 3,806 $42,424 21.3% $244,300

Cities Similar to Banner Hill

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Grimsley1,171$57,212$150,60013.1%6.5%
Gleason1,159$57,917$93,20014.2%13.9%
Gordonsville1,299$57,688$251,40021.8%5.8%
Baxter1,361$58,750$219,00016.9%20.5%
Fall Branch1,160$50,208$213,30029.8%19.3%

Population Overview

Banner Hill is a small community located in Tennessee, within Unicoi County. The total population is 1,211. It ranks as the 279th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Banner Hill is 42.6 years. This is 10% higher than the state median of 38.9 years. 13.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Banner Hill is $59,784. This is 14% lower than the state median of $69,595. It is also 26% lower than the national median of $80,734. The poverty rate stands at 28.4%. This is 106% 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 10.3%. This is 120% higher than the state rate of 4.7%. The median home value is $116,300. Housing costs are 59% lower than the state median of $286,700. With a home-value-to-income ratio of just 1.9x, Banner Hill 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 66.9%.

Race & Ethnicity

Banner Hill has a predominantly White (non-Hispanic) population, comprising 98.1% of all residents. Black or African American residents account for 1.1%. The Black or African American population (1.1%) is well below the state average of 15.4%.

Education

13.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.5%.

Data Sources & Methodology

All demographic data for Banner Hill, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Banner Hill, Tennessee?

Banner Hill, Tennessee has a population of 1,211 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Banner Hill is $59,784, which is 26% lower than the national median of $80,734.

What is the poverty rate in Banner Hill, TN?

The poverty rate in Banner Hill is 28.4%. This means approximately 312 residents live below the federal poverty line.

What is the racial makeup of Banner Hill, Tennessee?

Banner Hill's population is 98.1% White, 1.1% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Banner Hill is $116,300. The home-value-to-income ratio is 1.9x.

How educated is Banner Hill, Tennessee?

13.2% of adults (25+) in Banner Hill hold a bachelor's degree or higher, and 11.7% hold a graduate or professional degree.