Banner Elk, NC 28604

Published March 2024

Weather Summary

*1% National Rank is best weather and 99% is worst weather for that preference

Days Below Freezing 109
Days Above 95°F 0
Rainy Days 219
Humid Days 219
Days in 40s 41
Days in 50s 78
Days in 60s 79
Days in 70s 84
Days in 80s 62
Days in 90s 0
Days in 100s 0
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 60% 22%
20°F - 70°F 60% 22%
30°F - 70°F 59% 12%
40°F - 70°F 54% 4%
50°F - 70°F 42% 4%
10°F - 80°F 83% 8%
20°F - 80°F 83% 8%
30°F - 80°F 82% 4%
40°F - 80°F 77% 3%
50°F - 80°F 65% 3%
10°F - 90°F 100% 0%
20°F - 90°F 100% 0%
30°F - 90°F 99% 0%
40°F - 90°F 93% 4%
50°F - 90°F 82% 11%
10°F - 100°F 100% 23%
20°F - 100°F 100% 23%
30°F - 100°F 99% 24%
40°F - 100°F 93% 40%
50°F - 100°F 82% 44%

Taxes Summary

*LTCG = Long Term Capital Gains
*Federal = Income + Social Security + Medicare + NIIT
*1% National Rank is highest effective tax and 99% is lowest effective tax for that income profile

W2 Income LTCG Income Home Value Total Tax Rate National Rank Net Taxes Paid Federal State Property Sales Local
22k - - 9% 84% 2126 1683 - - 443 -
40k - - 14% 47% 5784 4290 688 - 805 -
70k - - 19% 38% 13515 9991 2113 - 1410 -
22k - 66k 10% 96% 2416 1683 - 290 443 -
40k - 120k 15% 84% 6312 4290 688 528 805 -
70k - 210k 20% 74% 14439 9991 2113 924 1410 -
100k - 300k 22% 73% 22759 15886 3538 1320 2014 -
200k - 600k 29% 78% 58779 43821 8288 2640 4029 -
400k - 1.2M 33% 81% 133747 102619 17788 5280 8059 -
800k - 2.4M 39% 82% 312626 249158 36788 10560 16118 -
1.6M - 4.8M 42% 82% 684426 556279 74788 21120 32237 -
100k 50k 450k 17% 72% 26802 15886 5913 1980 3022 -
200k 100k 900k 22% 79% 68476 45433 13038 3960 6044 -
400k 400k 2.4M 27% 81% 218399 154932 36788 10560 16118 -
800k 1M 5.4M 30% 81% 553522 409206 84288 23760 36267 -
1.6M 3.2M 14.4M 32% 81% 1571823 1184962 226788 63360 96712 -
1 150k 450k 13% 70% 20028 9112 5913 1980 3022 -
1 300k 900k 18% 75% 54655 31612 13038 3960 6044 -
1 800k 2.4M 21% 79% 170080 106612 36788 10560 16118 -
1 1.8M 5.4M 24% 79% 441698 297382 84288 23760 36267 -
1 4.8M 14.4M 26% 79% 1284244 897382 226788 63360 96712 -

Housing Cost Summary

*1% National Rank is most expensive and 99% is cheapest build cost
Thank you to RedFin for housing data for processing these derived metrics

Median Home Price 497646
Median Days on Market 62
3000SF Builder Grade Projected Cost 914458
3000SF Designer Grade Projected Cost 2286146
3000SF Estate Grade Projected Cost 4572292
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 328 131 65
200k Unstable 656 262 131
300k Unstable 984 393 196
400k Builder Grade 1000sf 1312 524 262
500k Builder Grade 1000sf 1640 656 328
600k Builder Grade 1000sf 1968 787 393
700k Builder Grade 2000sf 2296 918 459
800k Builder Grade 2000sf 2624 1049 524
900k Builder Grade 2000sf 2952 1181 590
1M Builder Grade 3000sf 3280 1312 656
1.25M Builder Grade 4000sf 4100 1640 820
1.5M Builder Grade 4000sf 4920 1968 984
1.75M Builder Grade 5000sf 5741 2296 1148
2M Builder Grade 5000sf 6561 2624 1312
2.25M Builder Grade 5000sf 7381 2952 1476
2.5M Designer Grade 3000sf 8201 3280 1640
2.75M Designer Grade 3000sf 9021 3608 1804
3M Designer Grade 3000sf 9841 3936 1968
3.5M Designer Grade 4000sf 11482 4592 2296
4M Designer Grade 5000sf 13122 5249 2624
4.5M Designer Grade 5000sf 14762 5905 2952
5M Estate Grade 3000sf 16403 6561 3280
7.5M Estate Grade 4000sf 24604 9841 4920
10M Estate Grade 6000sf 32806 13122 6561